This fully leased ground-floor retail property, located in the vibrant Plateau-Mont-Royal neighborhood, presents a stable investment opportunity supported by a long-standing AAA tenant. Occupied by Jean Coutu for 17 years, the property benefits from consistent income and is secured by a lease extending through December 31, 2026, with net revenue of $134,000 annually. A five-year renewal option commencing January 2027 at a net rate of $36.00 per square foot provides future income predictability.
Positioned along Boulevard St-Laurent, one of Montréal’s most dynamic commercial corridors, the property captures high pedestrian and vehicle traffic, ensuring sustained visibility and tenant success. The surrounding area is a hub for commerce, culture, and dining, further enhancing the property’s value proposition for long-term ownership. Municipal services, including water and sewage, as well as condominium-controlled maintenance, simplify operational oversight. Offered at $2,395,000 plus GST and QST, this asset combines a secure income stream with an irreplaceable location in a high-demand submarket.