4120SAINTE-CATHERINE W. MONTREAL, QC

Partnership. Performance.

Avison Young is proud to present this unique opportunity to purchase three floors of commercial condominiums totaling 9,225 square feet at 4120 Ste. Catherine Street West. The condominium units are part of a six-storey commercial condominium building built in 1989, and include six parking stalls located in the basement.

The units are fully leased, providing an investment opportunity with good leveraged returns. Located in the heart of Ste. Catherine Street West’s commercial corridor, the property benefits from its strategic location, facing Westmount Square and adjacent to Alexis-Nihon Plaza and the Atwater metro station.

Robert Emblem, Vice President, Chartered Real Estate Broker514.360.3641 | robert.emblem@avisonyoung.com

ASKING PRICE:$5,225,000

EXCLUSIVE INVESTMENT OPPORTUNITYCOMMERCIAL CONDOMINIUMS

Contact :

FOR SALE ADJACENT TO WESTMOUNT SQUARE

STRATEGIC LOCATION

4120SAINTE-CATHERINE W. MONTREAL, QC

4120 Sainte-Catherine West is a great opportunity to purchase or occupy premises in a strategic location near Downtown Montreal, in a very active commercial sector.

In addition to being located directly opposite to Westmount Square and adjacent to Alexis-Nihon Plaza, the building is also located a few steps away from Greene Avenue and from the former Montreal Children’s Hospital, soon to become a major residential redevelopment. The immediate neighbourhood is a wealthy residential area, which fuels commercial activity and the local services industry. The building is also directly adjacent to the Atwater metro station (green line), which provides easy access to the entire Montreal transit system.

ADJACENT TO WESTMOUNT SQUARE

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RADJACENT TO WESTMOUNT SQUARE

Avison Young Québec Inc., Commercial Real Estate Agency1200 McGill College Avenue, suite 2000 Montréal QC H3B 4G7

4120SAINTE-CATHERINE W. MONTREAL, QC

NATURAL LIGHT AND EXCEPTIONAL VIEWS

The property benefits from large windows on three sides of the building, providing the premises with abundant natural light and exceptional views.

The building’s structure is concrete, with a brick and concrete exterior cladding. The interior spaces have been designed to meet standard medical clinic and office layouts.

ADJACENT TO WESTMOUNT SQUARE

MUNICIPAL EVALUATION AND TAXES

Suite Ground Floor 200 201 300-301 Parking

Lot Number 4 144 455 4 143 016 4 143 017 4 143 018 See below

Land $119,600 $41,900 $41,900 $83,800 $21,000

Building $1,102,400 $314,400 $408,500 $713,700 $218,400

Total $1,222,000 $356,300 $450,400 $797,500 $239,400

Municipal Taxes $37,308.88 $10,878.20 $13,751.16 $24,348.47 $7,309.14

School Taxes $2,010.77 $586.07 $740.80 $1,311.77 $393.30

Total Taxes $39,319.65 $11,464.27 $14,491.96 $25,660.24 $7,702.44

Condo Fees $21,995.76 $15,419.76 $15,419.76 $15,419.76 $321.24

Common cadastres: 4 143 015, 4 144 456, 4 144 457, 4 144 458, 4 144 459, 4 144 460 Parking cadastres: 4 143 027, 4 143 028, 4 143 029, 4 143 031, 4 143 032, 4 143 033

RENT ROLL

Suite Area Rate Net Revenue Expiry

Condo Sales Office (Ground Floor) 2,784 sf $42.00 $116,928 05/2020

Clinic* (200) (incl. 2 parking spots @ $200.00/month) 3,128 sf $20.00 $67,360 TBN

Clinic (300) 3,040 sf $14.51 $44,104 08/2021

Total $228,392

*Can be made available to purchaser/user