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199D Curé-Labelle, Ste-Rose, Laval
0 residential units, 1 commercial unit | 1,650,000$

Description

Financial Overview

Revenue 139,204$
Cap. Rate 5.81 %
GRM 11.85
NRM 17.20
Return on Cash Flow 4.79 %
Return on Investment 8.34 %

Municipal Evaluation

Previous Assessment 2016-2018 649,600$
 
Land 2019-2021 397,400$
Building 2019-2021 529,600$
Total 2019-2021 927,000$

Highlights

- Beautiful single unit commercial condo with large parking - Parking with more than 40 spaces
- Current tenant is the restaurant Greco - Booming area with multiple new constructions nearby
- Located in a very popular commercial area of Ste-Rose - Well maintained building over the years
- Restaurant generates great cashflow with 15 lottery machines - Excellent investment opportunity
- Building (lot 4 812 465), exclusive parking (lot 1 594 781)
- Shared parking with the Bijouterie (lot 4 801 895)

Residential

Studio 1 ½ 0
Alcove 2 ½ 0
1 bdrm 3 ½ 0
2 bdrm 4 ½ 0
3 bdrm 5 ½ 0
4 bdrm + 6 ½ + 0
Total Units   0

Commercial

Commercial 0
Total Units   0

Parking

Parking 40
Garage 0
Storage 0
Total Spaces   40

Location

Main Artery Highway 15N
Intersection Route 117
Shopping Center Carrefour Laval
Metro Station Ste-Rose train station
Bus 11, 65, 151
Attraction Ste-Rose Golf
Hospital Cité de la Santé
School Universities, Laval campus

Heating

Energy Source Electricity
Heating Type Forced Air
Responsibility Tenants

Heating Hot Water

Energy Source Electricity
Responsibility Tenants
Water Tank

General Information

Zoning Commercial
Cadastral 4812465
Building Type Semi-Detached
Floor Nb. 1
Year Built 1975
Lot Area 2718
Building Area 0
Stove
Refrigerator
Washer
Dryer
Elevator
Wash/Dry Hookups
Dishwasher Hookups
Pool
Furnished
AC units
Basement
Fireplace
Intercom

Building Overview

Roof Roof of gravel and tar (2018)
Windows Fixed aluminum windows
Balconies
Exterior Walls Concrete foundations, steel structure
Electricity 200 Amp, Breakers
Plumbing Copper plumbing
Heating System Electric forced air heating and cooling system (units on roof)
Hot Water Tanks Electrical water heater (2014)
Elevator
Garage Exclusive parking lot (1 594 781) and shared parking lot (4 801 895) with a total of 40 parking spaces
Bathrooms
Kitchens
Certificate of Location
Envrionmental Report

Notes

- Restaurant with dining room for at least 255 seats, with bar and video poker section
- The restaurant has 15 lottery machines, which generate a lot of cashflow
- Roof redone in 2018
*** The Tenant has pre-emption right to buy the property. ***
*** The Tenant will have 30 days following an accepted offer to exercise its right. ***
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