C$1,120,000

Development site at 908-912 St. Laurent Blvd. Prime location with development potential. Opportunity to build up to an 8-storey building. Gross income: $108,687. Taxes (2025): $23,834. Operating expenses: approximately $16,617. Net income: approximately $68,236. Two 1 bedroom apartments and two commercial units. One is an Indian restaurant (take out food) and the other commercial unit is a church. We are presenting a prime freehold property boasting 11 convenient parking spaces, 2 bustling retail units, 2 comfortable apartments. Located in a high-traffic commercial hub, this property offers investors a solid foundation for reliable rental income and potential capital appreciation. With a diverse mix of retail, residential, this property has exceptional potential to grow your business or investing. (id:41202)