Don’t miss out on this unique investment opportunity to acquire an income-producing property located on a corner lot in the centrally-located, up-and-coming neighbourhood of Westmount. This property features Westmount Convenience on the main level and Dance Ink on the lower level.
AVAILABLE FOR SALE (REAL ESTATE ONLY)
±2,500 SF main level
±2,000 SF lower level
±4,500 SF total
LAND SIZE
0.09 acres (3,920 SF)
SALE PRICE$699,900.00 REDUCED: $679,500.00
NOI (2021)
$42,048 (realized)
$47,000 (potential)
Main and lower level units have been fully leased since 2016
TAXES
$5,793.18 (2022)
PROPERTY DETAILS
• High traffic location on the corner of Avenue I and 29th Street
• Close to downtown and near two high schools, Ashwood Holmes Park, and Mayfair Pool
ZONING
B2
LEGAL DESCRIPTION
Surface Parcel 136106872
POSSESSION
Negotiable