5386-5388 Boul. St-Laurent
Montréal (Le Plateau-Mont-Royal)
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Summary
The commercial portion represents 60% of the total area of the building.The lot area is 170,8 according to measurement taken on site and 171,9 according to the renovated cadastre.5386 (Ground Floor & Basement)* Commercial space occupied by Oztudio, a consulting and corporate event planning company. * The lease expires on February 28, 2024 and is renewable monthly from that date by agreement between the parties. * The premises will be vacated for the new owner as of the signing of the deed of sale. * Rented $4,000/month by the owner of the building, well below the estimated rental value of $6,000/month.5388 (2nd floor)* Commercial space located just above 5386 boul. St-Laurent, used as a commercial office, occasional rental space for commercial activities (workshops, training, meetings, etc.) and as a video studio. * The 2nd floor benefits from a large outdoor terrace at the back.* The lease is renewable monthly by agreement between both parties. * Rented $1,500/month by the owner of the building, below the estimated rental value of $1,700/month. * The premises will be vacated for the new owner as of the signing of the deed of sale.* Residential zoning was changed to commercial zoning in 2018 and, subject to municipal approval, could potentially be converted back to residential zoning. * As for the necessary steps with the municipality, they will be the sole responsibility of the new buyer.5388A (3rd floor)* Residential apartment 4.5. * Open concept living room, dining room and kitchen. Two bedrooms and a bathroom. The washer-dryer installation is located in the bathroom. Rear balcony.* Leased $1,538/monthInclusions and exclusions
Inclusions
5386: detailed list of inclusions available from the listing broker. 5388: wall-mounted air conditioning, water. 5388A: wall-mounted air conditioning, stove, hood, refrigerator, washer-dryer. These are sold without a legal guarantee of quality at the buyer’s own risk, but must be in working order when the building is delivered.Exclusions
Residential apt. 5388A: Tenants’ Furniture, Personal Effects. Commercial Space #5386 & #5388: See Listing Broker for full list of exclusions.Characteristics
Available services
- Fire detector
- Jet system
Basement
- Crawl space
- Low (less than 6 feet)
Equipment available
- Alarm system
- Central air conditioning
- Wall-mounted air conditioning
Foundation
- Concrete block
Heating energy
- Electricity
Heating system
- Air circulation
- Electric baseboard units
Proximity
- Hospital
- Public transport
Rental appliances
- Water heater
Roofing
- Elastomer membrane
Sewage system
- Municipal sewer
Siding
- Brick
Water supply
- Municipality
Window type
- Sliding
Windows
- Aluminum
Zoning
- Commercial
- Residential