Property Information:

Located in Piedmont, in the heart of the Laurentians, this property consists of two modern buildings (2016 and 2017) with fully leased office spaces (including one owner-occupied unit, which the owner is open to leasing). The lot of approximately 46,000 sq. ft. offers up to 9,215 sq. ft. of space for various commercial uses. Featuring 8 commercial units, electric heating, and wall-mounted air conditioning, this property is ideal for an investor seeking stable rental income with potential for future expansion.

Investment Opportunity in Piedmont -- Commercial Real Estate Portfolio
Seller Financing Available

Located in the heart of the Laurentians, in the municipality of Piedmont, this property includes two modern commercial buildings (built in 2016 and 2017) on a lot of just over one acre, offering exceptional visibility with direct access to Curé-Labelle Boulevard. This busy roadway sees thousands of vehicles pass by daily (approx. 10,000 vehicles -- source: geoegl.msp.gouv.qc.ca), maximizing exposure for tenant businesses.

Key Figures:

Asking Price: $2,950,000 + GST/QST

2024 Municipal Assessment: $1,261,700
* Building: $1,026,100
* Land: $235,600

Annual Taxes:
* Municipal: $24,416
* School: $971

Land Area: 45,913.44 sq. ft. (4,265.5 m²)

Total Building Area: 9,215 sq. ft., divided into 8 commercial units

Rental Income:
With all units rented (including one currently owner-occupied space available for lease), the property generates a gross annual income of approx. $179,000.

Estimated Net Income (after operating expenses, including maintenance, snow removal, and insurance): approx. $159,131.

Annual Expenses:

Insurance: $12,369

Snow Removal: $5,000

Maintenance: $2,500
Total: $19,869

Tenant Profile:
The premises are leased to a variety of businesses, including service providers and office tenants, benefiting from both local clientele and passing traffic. Piedmont's proximity to Saint-Jérôme and its expanding residential areas ensures steady and diversified rental demand. The low vacancy rate reflects a strong tenant base, minimizing the risk of bad debt.

Cadastral Numbers:
5991940, 5991939, 5991938, 5991937, 582830, 5828829, 5828828, 5828827

Note: Lease copies are currently unavailable. Information for units 456 and 462 to be determined. Gross income of approx. $179,000 includes the rental value of the owner-occupied unit.