Seize this rare gem and own an iconic storefront on the historic Victoria Avenue in Saint -Lambert, a true highlight of the
vibrant boutique shopping scene. This unique opportunity features solid long-term tenants who are staples of the area,
ensuring a steady return on investment. The building is instantly recognizable, making it a cherished landmark in the
community. With potential future development opportunities, this property offers not only immediate income but also the
chance for growth. Don't miss out on this extraordinary business investment in a prime location!
Iconic Saint-Lambert Commercial Property
460-466 av Victoria, Saint-Lambert
2 Commercial units on main floor + 1 office space on 2nd floor
460 Victoria - La Maison du Pull Saint-Lambert Inc: $4,657.42/m
466 Victoria - Le Dessous de la Rue Victoria Inc: $3,000/m
466A Victoria - Thread and Maple Inc: $900/m
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TOTAL GROSS REVENUE: $8,557.42/m , $102,689/yr
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Municipal Taxes: $21,485 (95% recovered)
School Taxes: $740 (95% recovered)
Insurance: $5,800 (52% recovered)
Maintenance: $1,000
All other costs (snow removal, electricity, heating, etc): Tenants costs
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TOTAL RECOVERED: $24,113
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TOTAL NET REVENUE: $102,689 + $24,113 - $4,911(owner expenses) = $121,891
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Cap rate: 6.11%
MRN: 16.37