4731 Rue de Castille, Montréal (Montréal-Nord), QC H1H1Y8    $499,000

Mixed-use duplex in Montréal-Nord, an attached corner unit with a commercial unit on the ground floor and a residential unit above. The 2nd-floor 4½ apartment (2 bedrooms, 1 bathroom, large living room and kitchen, two balconies) is vacant and available for immediate occupancy, so the buyer can live in it or lease it at market rent. The commercial unit at 4731 (approx. 78 sqm, plus a basement) is occupied by a long-standing convenience store under a net lease running Aug. 31, 2024 to Aug. 30, 2029. The store has a stable customer base, and the buyer may negotiate separately to acquire the business.

- Municipal taxes are split 60% residential and 40%
commercial. A good fit for an owner-occupant investor or an
investor seeking diversified income.
-Unit 4733: 4½, vacant, ready for the buyer. Rental value
$1,200/month.
-Unit 4731: commercial lease at $1,600/month (net), through
2029-08-30.
-Potential gross revenue: $33,600/year, based on the
residential unit rented at $1,200/month.
-Purchase of the convenience store business is possible.
Price and conditions are to be negotiated directly with the
store owner and are not included in the property price.
-Roof (elastomeric membrane) renewed in 2020.
-Certificate of location dated 2002. A new certificate will
be completed.
-Sale without legal warranty, at the buyer's own risk.
-Seller accepts offers in French or English.
Offers must remain open a minimum of 48 hours.