For Sale...of 4120 Sainte-Catherine Street West in Westmount, Québec. Located across the street...

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High-end retail unit in Westmount Avison Young is proud to present this unique opportunity to purchase a prestigious retail condominium of 2,784 square feet situated on the ground floor of 4120 Sainte-Catherine Street West in Westmount, Québec. Located across the street from Westmount Square and the Atwater metro station, the condominium unit is part of a six-storey commercial condominium building built in 1989. Robert Emblem Vice President, Real Estate Broker [email protected] 514.360.3641 Avison Young Québec Inc., Commercial Real Estate Agency 1200 McGill College Avenue, Suite 2000, Montréal, Québec H3B 4G7 514.940.5330 | avisonyoung.com For Sale WESTMOUNT, QUÉBEC SAINTE-CATHERINE STREET WEST

Transcript of For Sale...of 4120 Sainte-Catherine Street West in Westmount, Québec. Located across the street...

Page 1: For Sale...of 4120 Sainte-Catherine Street West in Westmount, Québec. Located across the street from Westmount Square and the Atwater metro station, the condominium unit is part of

High-end retail unit in Westmount

Avison Young is proud to present this unique opportunity to purchase a prestigious retail condominium of 2,784 square feet situated on the ground floor of 4120 Sainte-Catherine Street West in Westmount, Québec.

Located across the street from Westmount Square and the Atwater metro station, the condominium unit is part of a six-storey commercial condominium building built in 1989.

Robert EmblemVice President, Real Estate [email protected]

Avison Young Québec Inc., Commercial Real Estate Agency1200 McGill College Avenue, Suite 2000, Montréal, Québec H3B 4G7514.940.5330 | avisonyoung.com

For Sale

WESTMOUNT, QUÉBECSAINTE-CATHERINE STREET WEST

Page 2: For Sale...of 4120 Sainte-Catherine Street West in Westmount, Québec. Located across the street from Westmount Square and the Atwater metro station, the condominium unit is part of

FINANCIALS

Asking Price $2,999,999

Municipal Evaluation, Land $119,600

Municipal Evaluation, Condo $1,102,400

Municipal Evaluation, Property $1,222,000

Municipal Taxes (2020) $42,367.23

School Taxes (2019-2020) $1,799.69

Total Taxes $44,166.92

Condo Fees $21,955.76

Avison Young | 4120 Sainte-Catherine Street West

Condo Sales Office, Ground Floor 2,784 square feet

Rate $42.00/square foot

Net Revenue $116,928.00

Expiry Date May 30, 2020

Options to renew 2 X 1-year options**

The unit is fully leased, providing an investment opportunitywith good leveraged returns..

*at the same rateParticipating broker portion: 2%

LEASING DETAILS

Page 3: For Sale...of 4120 Sainte-Catherine Street West in Westmount, Québec. Located across the street from Westmount Square and the Atwater metro station, the condominium unit is part of

LOCATION

4120 Sainte-Catherine West is strategically located 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 called Square Children’s. The project will offer different types of residential units, such as apartments for rent, condominiums and community housing.

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 of the STM), which provides easy access to the entire Montreal transit system.

Avison Young | 4120 Sainte-Catherine Street West

For Sale

Westmount

Downtown West

SAINTE-C

ATHERIN

E STREET W

EST

TUPPER AVENUE

DE MAIS

ONNEUVE BOULEVARD W

EST

GREENE AVENUE

ATWATER AVENUE

LAMBERT-CLOSSE AVENUE

DORCHESTER BOULEVARD

RENÉ-LÉVESQUE BOULEVARD WEST

SHERBROOKE STREET W

EST

Atwater

Atwater

Westmount Square

Lucille’s Oyster Bar

Taverne sur le Square

Ryu/Liiv Salads

Place Alexis-Nihon

1111 Atwater

1100 Atwater

Dawson College

WinnersCanadian Tire

Staples

AMC Forum 22SAQ

Adonis

Cabot Square

Square Children’s

EstWest Condos

Page 4: For Sale...of 4120 Sainte-Catherine Street West in Westmount, Québec. Located across the street from Westmount Square and the Atwater metro station, the condominium unit is part of

For Sale

For more information, please contact:

Avison Young Québec Inc.,Commercial Real Estate Agency1200 McGill College AvenueSuite 2000Montréal, QuébecH3B 4G7

514.940.5330 | avisonyoung.com

Robert EmblemVice President, Real Estate [email protected]

GLADSTONE AVENUE

SAIN

TE-C

ATH

ERIN

E ST

REET

WES

T

GROUND FLOOR

WESTMOUNT, QUÉBECSAINTE-CATHERINE STREET WEST

The information contained herein has been obtained from sources deemed reliable. Avison Young, and/or its representatives, brokers or agents make no guarantees as to the accuracy of the information contained herein, and offer the property without express or implied warranties of any kind.