Investment opportunity in Rosemont--La Petite-Patrie, on the vibrant Papineau section near the Beaubien intersection. Easy to manage, the building generates good income thanks to stable, long-term tenants.

*** Description of Commercial Premises ***

* Common Areas *
Powder Room 5.2 x 3.6 ft ceramic tile
Hallway 40 x 3.7 ft ceramic tile
7 electrical meters
400 amp electrical service entrance
2 air exchangers for residential units

* Premises *
Unit #101: 37.3 sq m irregular x 10.1 ft laminate flooring
Unit #103: 32.2 sq m irregular x 14 ft flexible tile flooring
Unit #102: 29.8 x 9.9 ft laminate flooring
Unit #104: 34.6 sq m irregular x 9.11 ft laminate flooring and flexible tile flooring

* Renewal *
Unit #101: Same tenant as #103 - Lease ends August 31, 2027 with wall-mounted heat pump
Unit #103: Same tenant as #101 - Lease ends August 31, 2027

Unit #102: Lease expires June 30, 2026 - Renewed for $510 + tax for 5 years until June 30, 2031

Unit #104: Lease expires May 31, 2026 - Renewed for 5 years until May 31, 2031 (amount to be determined)

The rear addition was built from scratch in 2012:

* Underpinning of the foundations with central concrete footings supporting an H-beam steel structure
* The H-beams extend above the roof and are ready to support additional floors
* The value of this work is over $100,000.

* Several renovations to the existing portion of the building were also completed in 2012: double-layer fire-resistant drywall, 100% new plumbing, and electrical work with a new service entrance. 400A, doors, windows, flooring, heat pump, etc.

* The front section of the roof covering (existing building) was replaced in 2017 (see invoice and warranty).