1051-1061 Bernard Ave - Storefront Retail/Residential FOR SALE


Outremont, QC H2V 1V1
$10,000,000 CAD
514-594-6747
1051-1061 Bernard Ave, Outremont, QC for Sale
$10,000,000 CAD
Storefront Retail/Residential - FOR SALE
1/2
null | Request Cap Rate

1051-1061 Bernard Ave
Outremont, QC H2V 1V1


HIGHLIGHTS

  • Semi-commercial property containing five street-level commercial units and twelve apartments.
  • Positioned in Outremont on Avenue Bernard, providing strong pedestrian visibility and access to amenities.
  • Long-standing mixed-use corridor offering excellent accessibility and long-term investment security.

OVERVIEW

This investment property offers a rare opportunity to acquire a semi-commercial asset in Montréal’s coveted Outremont neighborhood. The building comprises five ground-floor retail spaces and twelve residential apartments, creating diversified income streams that enhance stability and future growth potential. With expected total annual revenue of $456,088 for 2025, this property provides investors with both immediate cash flow and strong long-term value appreciation. Located on Avenue Bernard, a well-known commercial corridor, the property benefits from exceptional pedestrian activity, convenient transit access, and proximity to boutiques, cafés, and essential services. The submarket’s appeal is reinforced by its established residential base and vibrant local economy, making this property highly attractive for both investors and portfolio expansion. Built in 1924 and municipally assessed at over $6 million for 2024, the site occupies more than 14,700 square feet of building area on a 7,061-square-foot lot within a historically strong Montréal enclave.

FOR SALE DETAILS

PRICE

$10,000,000 CAD

PRICE/SF

$679 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1924

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,061 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Lloyd CooperCushman & WakefieldMore Info
514-594-6747

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Lloyd CooperCushman & WakefieldMore Info
514-594-6747

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.