Montreal (Saint-Leonard) Commercial property for sale - $3,499,000

Commercial building for tenant 2/3 available, premises of 8,870 sq ft, 1,600 sq ft restaurant space available and 6,000 sq ft reception hall including 2,200 sq ft and 700 sq ft as guest rooms. Professional evaluation dated September 30, 2020, nearly 4 years ago priced at $ 4,170,000, the market has significantly improved since the pandemic. Good tenants include 2 daycare centers with a 10-year lease, net rate of $ 15.0 per sq ft, minimum estimated capitalization rate of 6.42% if 3 vacant premises are rented.