Heating system
Electric baseboard units
Water supply
Municipality
Heating energy
Electricity
Windows
Aluminum
Foundation
Poured concrete
Siding
Aluminum , Brick, Stone
Proximity
Highway , Cegep, Daycare centre, Hospital, Park - green area, Bicycle path, Elementary school, High school, Public transport, University
Basement
6 feet and over
Sewage system
Municipal sewer
Window type
Sliding
Zoning
Commercial , Residential
All personal belongings of the residential and commercial tenants. Benjamin Moore business under the enterprise named La Cité des Peintres Inc. Complete business materials, equipment, furniture including all inventory are not included. (see broker for fu
Semi-commercial 1 commercial local & 8 residential studio appt Unit(s)
Commercial Building description:
-200 Rachel street (commercial premises retail store)
-1st floor; store with mezzanine office
-Basement with 6 feet and more ceilings for inventory storage.
-Loading dock with garage door
Rental income: Tenant Occupied:$5248.00/month (As of June 1st, 2025)
additional rent(50 % recovery for building Exp) Annual $11591.00/ Monthly $966.00)
Gross Income : $6214.00 per month /Annual $74568.00
Description residential apartments:
204 Rachel
2 floors - 4 units per floor
common hallway w/storage lockers and staircase
studio apartments
rental income: $7626.00 per month / Annual $91512.00
Gross Income : $13,840.00 per month / Annual $166,080.00 ( Commercial & Residential)
Building Expenses
Municipal Taxes 2025: $14632.00(R)
School taxes 2025: $849.00 (R)
Insurance 2025: $7701.00 (R) (50% recovery total = $11591.00 )
Total expense: $11591.00 (R)
Hydro 2025: $5591.00 (residential only no recovery)
Total expenses: $17182.00 Annual or $1431.83/Month
NOI: $13,840/Month or $166080.00(annual)
Signed leases and financials where applicable applicable to a PPG offering.
Sale with exclusion(s) of legal warranty: This sale is made without legal warranty at the buyer's risk.
-3 residential units fully renovated (2025)
Bathrooms, kitchenettes, flooring, lighting, appliances, painted
-Common areas & corridors updated & painted (June 2025) $60,000+ invested
commercial exterior& Interior freshly painted & upgraded leasehold improvements (2024--2025)
-Basement remediated with new cement slab and completed Phase 1-4 environmental reports.
-- $100,000 + invested total
Location:
AAA corner property with high pedestrian/vehicular visibility in the heart of Plateau Mont-Royal. Steps from bus stops, metro stations, downtown Montreal, McGill & Concordia University, Mont-Royal Mountain, shopping, and all urban conveniences.
About this property
Great cross revenue property with multiple potential as investor or owner occupant investor. It is located in Triple AAA location in highly demanded Plateau area . see addendum for more details! lots room still for optimization for new investor buyer(s) Vendor has done lots of improvements and has increased revenues and secured a triple net lease with established Benjamin Moore franchise owners La Cité Des Peintres Inc.
Sale with exclusion(s) of legal warranty - See listing broker(s).
Information request
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