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1041-1043 Rue Berri

4,416 SF 100% Leased Retail Building Montréal, QC H2L 4C4 $3,389,000 CAD ($767 CAD/SF)

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Investment Highlights

Great neighbourhood
Building has a gorgeous facade

Close to amenities

Executive Summary

Attractive 19th century "bourgeoise" property, divided into two divided co-ownership units in the 1980s, but used as a single-family residence since 2008. The property still holds a declaration of co-ownership in the titles, but can be dissolved with a notice published once the acquisition completed. The property also has the advantage of being zoned M.3B, it is permitted to have commercial use in the basement, on the ground floor and on the level immediately above the ground floor( so 3 levels on 4). However, a transformation permit will be required to develop a commercial use. The property has an exceptional character and has two garages.