Mark Reiner

Black tie 🤵🏻‍♂️

⚡️NEW MANDATE FOR LEASE⚡️

40,000 SQFT available, 15,000 SQFT per floor this 2 storey building + mezzanine, in the heart of Little Italy offers a variety of options for all industrial, and commercial needs. Neighbouring buildings include companies such as Microsoft, Facebook, MILA, and more. Steps away from the University of Montreal campus. 6 Minute walk to metro station De Castelnau.

This building offers a shared loading dock capable of a 53 foot truck + a separate garage door with ceiling height over 17 feet, to offer a smaller sized cargo to enter if the loading dock is in use.

Offering 40,000 SQFT to one, or several companies we give the option to lease out part of the building, or the entire building.

Breakdown is below.

Ground floor space E.
11,000 SQFT offered at $11,000/monthly or $132,000 yearly.

Mezzanine level space D.
10,000 SQFT offered at $10,500/monthly or $126,000 yearly.

Second Floor space A. (Private entrance)
8000 SQFT with 17 foot ceiling height offered at $12,500 Monthly.

Second Floor space C.
4500 SQFT with 17 foot ceiling height offered at $7000/monthly.

Freight elevator next to loading dock for easy access from the dock to the second floor for shipments in and out.

AAA location, available for long term lease.

Close proximity to highway 40.

Easily accessible by public transport (I.E ; Bus or Metro)

⚡️Price Reduction⚡️

$8,000,000!!

Immediate Potential revenue yearly ; ($435,540 yearly rent) + additional $18,000 yearly for parking. (10 spots at $150 monthly).

Total Immediate potential revenue : $453,540 Yearly.

Future potential revenue of $715,500 (in the event you build out the extension).

BREAKDOWN ;

Address: 
2101-2117 St. Timothee (9 plex)
2083 - 2085 St. Timothee (18 UNITS + LAND)

Borough: 
Ville-Marie

Number of floors: 
2101-2117 St. Timothee 3 floors no basement / 2085 St. Timothee 3 floors full height basement

Asset Class: 
Multi- Family

Year built:
2101-2117 - 1910
2085- 1880

Lot size: 
2101-2117 : 3764 sqft
2083-2085 : 7456 sqft

Number of units: 
2101-2117 9 units
2085 18 units + land with approved permits for extension.

Asking price: 
$8 Million.

Unit mix: 
2101-2117 9 x 4.5
2085 7 x 3.5 & 11 x 4.5 

Proximity: Lafontaine park, Plateau Mont Royal, Universities, metro stations

Current Annual Gross Revenue: 
2101-2117 $153,180 
2083 -2085 $224,760

Expenses Annual:
2101-2117 (taxes + insurance) approx. $25,000 2085 (taxes + insurance) approx. $35,000

Optimization: 
2101-2117 2 of of 9 units are NOT renovated and unoptimized
2085 5 out of 18 units are NOT renovated and unoptimized.

Permits & city approved plans in hand for buildout of three storey extension + basement units - additional 16 units buildable.

⚡️NEW LISTING⚡️Welcome to the prestigious Westmount Square. Unit #1414 with panoramic views of the water and the Westmount mountain. This corner unit boasts over 2350 Sqft. 3 bedroom, 2+1 bathroom. Building is fully equipped and offers white glove service. Asking $2,745,000. 🎬💫🦈™️