4892, boul. DES SOURCES
Asking Price
44,300,000.00 $ +TPS/TVQ
Description
4 lots including a large commercial mall located on blvd des Sources a few minutes away from the new REM Sources station.
Size
25,036 m²
Cadaster Numbers
Lots: 1 766 222 (4850-4894 Des Sources), 1 766 514, 1 765 753
and 2 975 081 (4730 Des Sources)
Features
| Number of commercial units | 16 |
|---|---|
| Square meters of land (including commercial units) | 25,036 m² |
4892, boul. DES SOURCES
4892, boul. DES SOURCES
Revenues and potential revenue
All commercial leases are on a 5 year term
| TENANT | $ / MONTH |
|---|---|
| Jean coutu | $35,717.00 |
| Supermarket | $26,375.00 |
| Chacuterie | $4,500.00 |
| Nail Salon | $2,356.64 |
| Restaurant | $5,337.39 |
| Restaurant | $2,750.00 |
| Salon | $2,586.94 |
| Restaurant | $4,400.00 |
| Restaurant | $4,400.00 |
| Restaurant | $2,750.00 |
| Restaurant | $2,750.00 |
| Finance / brokerage office | $5,000.00 |
| Total | $98,922.97 |
| *The supermarket will be renting two additional locals, this will increase the supermarkets rent to $36,375.00 / Month. | |
| Potential gross revenue | $1,307,075.64 |
Expenses per year
| MAJOR OPERATING EXPENSES | $ |
|---|---|
| Municipal taxes | $330,205 |
| School taxes | $10,953 |
| Electricity | $1,654.11 |
| Insurance | $22,220.00 |
| Superintendent | $22,220.00 |
| Insurance | $30,000.00 |
| Snow removal | $18,970.00 |
| Total | $414,002 |
| Net operating revenue | $893,073.64 |
4892, boul. DES SOURCES
Property Details
Environmental Reports Available / DECONTAMINATION Executed in 2011.
Zone C-1a
Commercial Zones:
In all commercial zones, the retail sale of tobacco products and accessories related to the consumption of narcotic (head shop) and tattooing and body piercing shops shall not be permitted. Furthermore, the holding of temporary exterior amusements and live shows shall not be authorized. (B/L R-2006-704-201 adopted September 26, 2006) In addition to the above, the following are permitted: (B/L RCA06-2003- 704-146 adopted May 6, 2003) Zones C-1a, C-1b, C-1c, C-1d, C-1e and C-1f: (B/L 89-704-45 adopted November 14, 1989) (B/L 93-704-64 adopted September 28, 1993) (B/L 95-704-73 adopted July 11, 1995) Retail stores, Shopping centres, Service shops, Workshops, Assembly buildings, Restaurants, Public garages, Servicesstations, Gas stations, funeral parlours, Office buildings and banks. (B/L 89-704-45 adopted November 14, 1989) (B/L R-2010-704-265 adopted December 14, 2010) (B/L R-2013-704-311 adopted February 11, 2014)
Zone C-1a:
Further to the above, in zone C-1a, retail food stores, regional shopping centres and neighbourhood shopping centres are authorized. In the case of neighbourhood shopping centres, the number of premises is limited to a maximum of six (6) of which no more than three (3) premises of a non-retail nature may be located in the basement. (B/L R-2010-704-262 adopted August 24, 2010) (B/L R-2011-704-283 adopted January 10, 2012)
Zonage
Please note, that the City of Dollard-des-Ormeaux is in the process of drafting a new Planning Programme to ensure an optimal link between land use planning, transportation, the environment, the various equipment, infrastructure and facilities, and sustainable development. Said Planning Programme will help guide future redevelopment and will take into account emerging needs. As the preparation of the new Planning Programme is currently in progress.
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