Commercial space with two residential units above in vibrant Parc Extension. Municipal taxes: $12,929 (of which $11,825 is payable by the commercial tenant)Enjoy high pedestrian traffic and excellent transit access via buses and nearby Parc and Acadie metro stations. Residents and customers can walk to shops, cafés, markets, and parks, including the iconic Jean Talon Market. Ideal for investors seeking a turnkey income property in a lively, walkable Montréal neighborhood with strong community character. Net Income: $84,992 Cap Rate: 6.6%
Financial Highlights:
Asking Price: $1,285,000
Gross Revenue: $94,440 annually
Expenses: Insurance $7,181; Municipal Taxes $12,929
(commercial tenant covers most municipal taxes $11,825)
school taxes $582
Net Income: $84,992
Cap Rate: 6.6%
This features commercial space on the ground floor with two
residential units above, offering a combination of income
potential and location benefits in vibrant Parc Extension.
Situated on a bustling, multicultural corridor, the
property enjoys high pedestrian traffic and excellent
transit access via buses and nearby Parc and Acadie metro
stations.
Neighborhood & Amenities:
Residents and customers can easily walk to local shops,
cafés, international markets, and parks, including the
iconic Jean Talon Market. Parc Extension is known for its
diverse, lively community, green spaces, and convenient
urban lifestyle, making it highly desirable for both
tenants and investors.
This property represents an ideal opportunity for investors
or owner-operators seeking a turnkey income property in a
walkable Montréal neighborhood with strong community
character
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| ROOM DETAILS | |||
|---|---|---|---|
| Room | Dimensions | Level | Flooring |
| N/A | |||
| BUILDING | |
|---|---|
| Type | Commercial building/Office |
| Style | Attached |
| Dimensions | 0x0 |
| Lot Size | 0 |
| EXPENSES | |
|---|---|
| Insurance | $ 7181 / year |
| Municipal Taxes (2025) | $ 12929 / year |
| School taxes (2025) | $ 582 / year |
| CHARACTERISTICS | |
|---|---|
| Zoning | Commercial, Residential |
| Sewage system | Municipal sewer |
| Water supply | Municipality |
| Foundation | Poured concrete |
| Proximity | Public transport |