2049 Av Papineau - Apartments FOR SALE


Montréal, QC H2K 4J5- Ville-Marie
$1,225,000 CAD
514-629-9366
2049 Av Papineau, Montréal, QC for Sale
$1,225,000 CAD
Apartments - FOR SALE
1/2
null | Request Cap Rate

2049 Av Papineau
Montréal, QC H2K 4J5
Ville-Marie


OVERVIEW

DEVELOPMENT POTENTIAL with confirmed zoning for multi-residential, commercial, or hotel projects. Full right to build up to 12 units as is on 3 floors and potentially 17 units by going through PPCMOI. Securing additional approval; Approval of demolition, Derogations mineures, CCU approval, and Adopted modifications to zoning would further enhance its marketability and value. The property is located in a PPU zone and the city plans on increasing the maximum height to 16m and increasing the density. Exclusion of legal warranty of quality.

FOR SALE DETAILS

PRICE

$1,225,000 CAD

PRICE/SF

$401 CAD /SF

# OF UNITS

12

PRICE/UNIT

$102,083

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1875

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,070 SF

ZONING

-

APN/PARCEL ID

custom-2555289,custom-2668794

ASK ABOUT THIS PROPERTY

Samuel BenizriKeller WilliamsMore Info
514-629-9366

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Samuel BenizriKeller WilliamsMore Info
514-629-9366

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