17 PHOTOS

Montréal (Ville-Marie) - Centris® No. 25494304

1177-1179 Rue de la Montagne

  • $4,750,000+GST/QST

    price

Commanding a prime position along the storied stretch of Rue de la Montagne, Il Campari Centro represents an extraordinary opportunity to secure a prominent freehold asset in the heart of Montreal's bustling downtown core. Encompassing over 7,900 square feet across multiple levels, this stately stone building blends historic charm with modern adaptability. Its presence is both dignified and dynamic, offering expansive street frontage, strong architectural bones, and flexibility to accommodate various uses.

Additional Details

An iconic asset in the heart of downtown Montréal

Commanding a prime position along the storied stretch of Rue de la Montagne, Il Campari Centro represents an extraordinary opportunity to secure a prominent freehold asset in the heart of Montreal's bustling downtown core. Encompassing over 7,900 square feet across multiple levels, this stately stone building blends historic charm with modern adaptability. Its presence is both dignified and dynamic, offering expansive street frontage, strong architectural bones, and flexibility to accommodate various uses.

Financial Overview
- As the city continues to evolve and densify, assets of this calibre have become increasingly scarce. Il Campari Centro offers not only immediate potential, but lasting long-term value in a market defined by resilience and reinvention.

Main Floor | 2500 SF
- Projected rent $55-$60/SFBasement | 2450 SF
- Projected rent $45-$50/SF2nd Floor | 2450 SF
- Projected rent $40-$45/SFMezzanine | 550 SF
- Projected rent $40-$45/SF

Municipal Tax | $75,480.95
Scholar Tax | $2248.89

Projected Gross Income | $407,500 (Annual) Projected Total Expenses | $127,000$ (Annual) Projected Net Income | $280,000$ (Annual)

Floor Plans
- The property's flexibility allows for a range of potential uses, whether envisioned as a flagship retail experience, a boutique headquarters, luxury office, or hospitality space. It could serve as the cornerstone of a redevelopment vision or be adapted for high-end retail or hospitality use. This is a property that invites ambition -- uniting location, character, and flexibility with rare clarity.

Location Overview
- Set amidst Montreal's most coveted urban fabric -- steps from the Bell Centre, premier hotels, renowned restaurants, and major transit connections -- the property occupies a location that combines visibility, prestige, and steady foot traffic. Few offerings provide such a central position within one of the city's most iconic streetscapes.

Il Campari Centro is located in the heart of downtown Montréal's Golden Square Mile, one of the city's most prestigious and high-traffic commercial districts. Known for its concentration of upscale retail, nightlife, boutique hotels, and cultural institutions,

De la Montagne Street is a key destination for both locals and tourists -- offering exceptional pedestrian traffic and long-term commercial appeal.

Situated between St-Catherine and René
-Levesque Street, the property enjoys immediate access to Montréal's core commercial Corridors, the area features a dynamic retail environment anchored by flagship destinations such as Holt Renfrew Ogilvy, the Apple Store, complemented by a dense mix of bars, galleries, and restaurants.

Prominent neighbours include the Bell Center, the Ritz-Carlton, Sofitel, Hotel Mount Stephen. The neighbourhood continues to evolve with significant mixed-use and residential developments.

Vendor | 226689 Canada Inc. Lot | 1340045 (Cadastre du QC)

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Excluded in the sale

Owners's belongings

Location

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Room Details

Assessment, taxes and other costs

  • Municipal taxes $73,798
  • School taxes $2,249
  • Municipal Building Evaluation $893,300
  • Municipal Land Evaluation $1,629,000
  • Total Municipal Evaluation $2,522,300
  • Evaluation Year 2021

Building details and property interior

  • Water supply Municipality
  • Foundation Poured concrete, Stone
  • Proximity Bell Center, Universities, etc, Highway, Public transport
  • Basement 6 feet and over, Seperate entrance, Finished basement
  • Sewage system Municipal sewer
  • Zoning Commercial

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Contact the listing broker(s)

Charly Aoudé

Residential & Commercial Real Estate Broker, Team Leader

caoude@charlyco.com

514.515.2225

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