3462 Av. du Parc

$1,100,000+GST/QST
price

Land for sale with permit. The permit allows the construction of a building of 4 floors, 6 residential units, 2 with mezzanines and a commercial ground floor. No basement. Expected revenue of $ 162,000 / year or more with Airbnb. Walking distance from Place Des Arts metro station, Quartier des Spectacles, McGill University and UQAM. Zoning allows Airbnb rental or use in tourist lodges * Commercial tenant already in place for the ground floor *

Additional Details

Land for sale with building permit. The permit allows the construction of a building of 4 floors, 6 residential units, 2 with mezzanines and a commercial ground floor. No basement. In addition, Zoning allows Airbnb rental or use in bed and breakfast. Expected income of $ 162,000 / year with a standard lease or more with a short term rental like Airbnb. Commercial tenant already in place to guarantee your income. Located in one of the best neighborhoods in Montreal for rental properties. On the border between Ville Marie and Le plateau Mont-Royal. Walking distance from Place Des Arts metro station, the entertainment district, McGill and UQAM universities as well as the mountain. The land is provided with:
-Full license (park fees have already been paid)
-Electric plans-Civil plans-Phase 1 and Phase 2 ecological study (NCL Envirotek cited $ 15,000 to $ 18,000 for decontamination). Mild backfill contaminant, no oil, gasoline or chemicals.
-Mechanical plans-Structural plans-Architectural plans-VLAN landscaping plans-2
D renderings of the building-7
HZ acoustic study-Drone capture of the terrace views

Included in the sale

Full construction permit, Electrical plans. Civil plans, Ecological study Phase 1 and 2 , Mechanical plans, Structural plans, Architectural plans, VLAN landscaping plans, 2D renderings of the building, 7HZ acoustic study and Drone shot of the views on the terrace

Location

Assessment, taxes and other costs

Municipal taxes $4,975
School taxes $329
Municipal Building Evaluation $0
Municipal Land Evaluation $358,400
Total Municipal Evaluation $358,400
Evaluation Year 2018

Building details and property interior

Water supply Municipality
Distinctive features Environmental study phase 1, Environmental study phase 2
Proximity Cegep, Hospital, Park - green area, Bicycle path, Public transport, University
Sewage system Municipal sewer
Landscaping Fenced yard
Topography Flat
View City
Zoning Residential, Multifamily