$1,325,000

Residential · MLS® A2280552
4Bedrooms
2Bathrooms
1,328.47Sq Ft
8Garage
1912Year Built
02 / Overview

PROPERTY OVERVIEW

Situated on a prominent 50' x 120' corner lot in the heart of Lower Mount Royal, this distinctive professional building offers an exceptional opportunity for a wide range of professional or private practices. Ideal for lawyers, accountants, architects and similar users, this well-maintained character two-storey has been thoughtfully converted into seven private offices. Two of the offices are connected by elegant French doors, allowing for a flexible, expanded workspace. Offering over 1,800 sq. ft. of functional space across three levels,...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,328.47 sq ft
Lot Size5,995 sq ft
ZoningDC (pre 1P2007)
HeatingForced Air • Natural Gas
CoolingNone
ParkingOff Street • Parkade • Stall
ExteriorBalcony • Private Yard
BasementFull
Year Built1912
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$3,347After mortgage & expenses
Cap Rate1.4%Based on market rents
Cash on Cash Return-15.2%With 20% down payment
Est. Monthly Rent$2,525Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

LOWER MOUNT ROYAL

Strong Investment
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Investment Score76/100
Avg Home Price$438K
Active Listings19
Listed by Jordan Lotoski · RE/MAX First