$885,000

Triplex for sale - Lachine

$885,000

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$885,000

Triplex for sale - Lachine

$885,000

1380 - 1390 Rue Notre-Dame, Lachine, H8S 2C8

Semi-commercial in downtown Lachine, proximately near hospital, next to highway, very good investment. Well established Restaurant known as TOTO + furnitures, Goodwill, long time cliental, Huge basement good for storage which is not finished and currently used as storage of the equipment. Two new apartments on the 2nd floor: 4.5 + 3.5

  • Lot area : 5,197 SF
  • NUMBER OF ROOMS : 0
KANTHAN VILVARATNAM
Certified real estate broker
Building details and property interior
Particularities plusParticularities minus

Unknown

Brick

Asphalt and gravel

Addenda
Particularities plusParticularities minus

Well known TOTO restaurant which is long time in business in the Lachine area. About 22 employees are working fulltime and part-time positions.
According to the seller...originally, the municipality of Lachine considered as commercial and taxed as completely commercial. The 2nd floor was as commercial unit and it is converted as two new residential apartments. These apartments were designed and redone newly by the seller. Both are rented right now. So the city should re-visit sooner or later to re-evaluate the property and adjust the taxes as residential and commercials. Municipal taxes supposed to be lowered.
Roof of the restaurant's backside area was redone recently with warranty (Part of the roof).
Restaurant air-condition unit was changed recently.
Subject to applicable GST and QST.

***Must be sold***

***Lots of potentials to whom is looking for long term investment and aggressive growth***

Visit the apartments with an accepted offer. They are brand new, you won't be surprised.
Make an offer and own the property and business!!!

Building details and property interior
Particularities plusParticularities minus

Unknown

Brick

Asphalt and gravel

Lot and exterior features
Particularities plusParticularities minus

44'8" X 116'4" Irregular

5,196.82 SF

Asphalt

Driveway : 3

Highway , Daycare centre , Hospital , Park , Bicycle path , Elementary school , High school , Public transportation

Characteristics
Particularities plusParticularities minus

Forced air , Electric baseboard units

Electricity , Natural gas

Municipality

Municipality

Included & Excluded
Particularities plusParticularities minus

All the light fixtures, tables, chairs in the restaurant, air-condition, kitchen equipment, fridges, stoves, kitchen hoods, hot water tanks. All inclusions (written or non-written here) are given as is without legal warranty of quality of functioning. Those inclusions may not be in working condition

Inventory of the restaurants items will be evaluated at the time of act of sale and should be paid separately.

Financial details
Particularities plusParticularities minus
Assessment (2018)
Taxes
  • (2018)
  • (2018)
Gross yearly revenu (potential)
IN THE AREA
NEIGHBOURHOOD STATISTICS
  • Statistics Person living alone
  • Statistics Families with children
  • Statistics Families with no children
  • 27.7%
  • 29.6%
  • 11.4%
  • 12.5%
  • 12.8%
  • 4.5%
  • 9.2%
  • 22.5%
  • 52.7%
  • 8.5%
UnilingualFrenchUnilingualEnglishBilingual(fr/en)Other 0% 10% 20% 30% 40% 50% 60% 70% 80% 90%100%
  • Statistics Household
  • Statistics Individual
  • Statistics Owners
  • Statistics Renters
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KANTHAN VILVARATNAM
Certified real estate broker

MORTGAGE PAYMENTS CALCULATOR

Financial details

Assessment (2018)
Taxes
  • (2018)
  • (2018)
Gross yearly revenu (potential)
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My name is KANTHAN VILVARATNAM, RE/MAX real estate broker. How may I help you?

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