Description

Opportunity! Beautiful commercial loft spaces located in the heart of La Petite Patrie, walking distance to the Rosemont Métro. High ceilings, wide open spaces and unusual zoning make this space appropriate for cultural or artistic entities or charitable organizations. Originally built as a printer, 5722#2 unit has the added benefit of concrete flooring, a ceiling mounted block and tackle unit and rear loading door. Distinct addresses, entrances and cadaster numbers. See addenda.

A 5% discount on the final price will be granted to the buyer for a promise to purchase where all conditions have been lifted before November 1, 2025, and where the deed of sale has been signed before December 31, 2025.

Note that the owner of the property is a non profit and benefits from a temporary municipal tax exemption. The Mun Taxes in 2023 were $1464.62 for 5720 and $1455.52 for 5722 #2.

According to the Declaration of Co Ownership, the building is intended exclusively for commercial or institutional, cultural use, for the practice of a profession recognized by the Professional Code, or for charitable purposes, all in accordance with the zoning regulations of the City of Montreal. The units in the building benefit from acquired right of use, as the current zoning is H2-4. The buyer must verify with the relevant authorities to determine whether the use he or she intends to make of the building meets their requirements.

Two separate units with separate lot numbers sold together at the seller's request. Although there is an opening between the two units, with its own cadastral number, two deeds of sale may be necessary, which will be at the buyer's expense.

lot # 5733514 holds 21.74% lot # 5733515 holds 20.79% lot # 5839455 holds .08% for a total of 42.61% of the shares

This document does not constitute an offer or promise to sell that is binding on the seller, but rather an invitation to submit purchase offers.

SOLD WITH NO LEGAL WARRANTY OF QUALITY, AT BUYER'S RISK AND PERIL.