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3412 - 3418 Av. du Parc
Montréal (Le Plateau-Mont-Royal) , Le Plateau-Mont-Royal
QC , H2X2H5 , CAN
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Amy Assaad
Agent
Certified Real Estate Broker
Phone: 514.884.8000

Royal LePage du Quartier
Real Estate Agency:
6971 Ch. Côte-de-Liesse, #C
Montréal (St-Laurent), QC
H4T1Z3
Phone: 514.419.9888
Fax: 514.419.7289
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$10,550,000.00 +GST/QST
MLS® 11842645
Com./Ind./Block : Commercial
Lot Assessment: $1,576,000.00
Building Assessment: $855,000.00
Total Assessment: $2,431,000.00
Municipal Tax: $82,623.00
School Tax: $2,459.00
Annual Tax Amount: $85,082.00 (2024)
Lot Size: 10128.0 Square Feet
No. of Parking Spaces: 5
Floor Space (approx): 26533.0 Square Feet
Built in: 1958
Zoning: COMM, RESI
Remarks:
North/West corner commercial retail & office building on Avenue du Parc & Sherbrooke St: Measuring over 26,500 SF of building area, in a modernized glass-front building connected to historic stone structure with 2 unique private entrances. 19 tenants: inclusive of 5 retail & 13 offices+ 1 in the basement.Triple-A tenant COUCHE-TARD, high ceilings, hardwood flooring, marble stairs & exposed brick, private entrances, elevator & 5 ext parking spaces in the rear. Prestigious retail/office building in a triple AAA location, excellent tenant visibility. Current income 2023: $742,900 & Potential income $818,500
North/West retail & office commercial building on the corner of Avenue du Parc & Sherbrooke St: Commercial property with over 26,500 SF of building area, in a modernized glass-front building connected to historic stone structures with two unique private entrances

Building features:

* Modernized glass-front building connected to historic stone structures with a unique private entrances on Avenue du Parc & Sherbrooke Street
* Private elevator
* Spacious offices with an abundance of natural light
* Over 26,500 SF of building area
* 3 floors with common corridors and common staircase
* Exterior 5 parking spaces
* Zoning allows residential and offers possibility to build additional storey. (To be verified by the city)
* Stability of the tenants.
* 19 tenants in total: inclusive of 5 retail & 13 offices + 1 in the basement.
* Couche-Tard : Triple - anchor tenant
* Building area as per the city assessment is 24,195 SF
Building area including the mezzanines & basement equals 26,533 (TBC)
* Insurance to follow.
* Natural gas paid by owner.
* One hydro meter paid by the owner.
* A/C is on the hydro bill.
* Central AC HVAC system in place.
* Property is zoned for both commercial and residential use
* Basement features storage and bathrooms but no windows
* The 4th floor was previously used by a music recording company.
* The 3rd floor contains 8 offices and a hairdresser's salon.
* The 2nd floor has 4 offices with potential for additional rental space.

Capital expenditures:

* Both sides of the roof were changed to membrane.
* Front of the building on Parc Av side has been redone.
* Electricity.
* Wiring.
* A/C installation.
* Brickwork has been repointed.

In proximity to:

* Place-des-Arts & Saint-Laurent metro stations;
* Hotels such as the Hilton Garden Hill and the Delta Hotel;
* 5 minutes away from Notre-Dame Street and highway 720;
* Several grocery stores and restaurants such as Provigo, Tim Hortons, SAQ, etc;
* Close to UQAM and McGill University;
* Near the Eaton shopping center and the CHUM.

Renovations:

** Front of the building facing the parc ave side;
** Electricity;
** Wiring;
** HVAC installation - (Water)
** Membrane roof.

Environmental report:Phases I, II, III & IV. Decontamination was completed in the parking lot. There was no contamination found in the building.

Façade: To be replaced on corner Sherbrooke./parc eve with preliminary discussions with the city.
Inclusions:  As per leases.
Exclusions:  As per leases.

Building Features:
  • Style: Detached
  • Driveway: Asphalt
  • Water Supply: Municipality
  • Heating Energy: Natural gas
  • Equipment/Services: Elevator(s) , Central air conditioning , Intercom
  • Distinctive Features: Street corner
  • Proximity: Highway , Metro , Public transportation
  • Cadastre - Parking: Driveway
  • Parking: Driveway
  • Sewage System: Municipality

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.

Not intended to solicit properties currently listed for sale.

All offices are independently owned and operated, except those offices identified as "Royal LePage Real Estate Services Ltd."

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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