Description

Commercial space with two residential units above in vibrant Parc Extension. Municipal taxes: $12,929 (of which $11,825 is payable by the commercial tenant)Enjoy high pedestrian traffic and excellent transit access via buses and nearby Parc and Acadie metro stations. Residents and customers can walk to shops, cafés, markets, and parks, including the iconic Jean Talon Market. Ideal for investors seeking a turnkey income property in a lively, walkable Montréal neighborhood with strong community character. Net Income: $84,992 Cap Rate: 6.6%

Financial Highlights:

Asking Price: $1,285,000 Gross Revenue: $94,440 annually Expenses: Insurance $7,181; Municipal Taxes $12,929 (commercial tenant covers most municipal taxes $11,825) school taxes $582 Net Income: $84,992 Cap Rate: 6.6%

This features commercial space on the ground floor with two residential units above, offering a combination of income potential and location benefits in vibrant Parc Extension. Situated on a bustling, multicultural corridor, the property enjoys high pedestrian traffic and excellent transit access via buses and nearby Parc and Acadie metro stations.

Neighborhood & Amenities: Residents and customers can easily walk to local shops, cafés, international markets, and parks, including the iconic Jean Talon Market. Parc Extension is known for its diverse, lively community, green spaces, and convenient urban lifestyle, making it highly desirable for both tenants and investors.

This property represents an ideal opportunity for investors or owner-operators seeking a turnkey income property in a walkable Montréal neighborhood with strong community character