For Sale

$620,000

765 Rue St-Jean , Wotton, QC J0A1N0

Remarks

Income building with huge potential. Currently 8 units completed and rented but potential for another 20 units (to be confirmed with the municipality) and substantial income. Commercial and residential zoning. The building needs major work in the left section. Project for contractor or promoter.

- Sale may be subject to GST/QST
- Seller is a trust established in the United States
- Elevator in the building but not functional
- Roofing partially redone.
- Total surface area of the building is approximately 23,000 sq. ft. including the floors.

Property Summary

  • Lot Assessment: $18,600.00
  • Building Assessment: $412,600.00
  • Total Assessment: $431,200.00
  • Assessment Year: 2022
  • Municipal Tax: $10,137.00
  • School Tax: $419.00
  • Annual Tax Amount: $10,556.00 (2022)
  • Lot Frontage: 72.42 Metre
  • Lot Depth: 60.35 Metre
  • Lot Size: 3441.6 Square Metres
  • Building Width: 49.57 Metre
  • Building Depth: 24.16 Metre
  • No. of Parking Spaces: 20
  • Zoning: COMM, RESI

Building Features:

  • Heating System:
    Electric baseboard units
  • Water Supply:
    Municipality
  • Heating Energy:
    Electricity
  • Siding:
    Brick
  • Parking:
    Driveway
  • Sewage System:
    Municipality

Revenue Units

  • Potential gross revenue: Residential
    $46,500.00
  • Potential gross revenue: Date
    09-07-2022

Expenses (annual)

  • Insurance
    $4,908.00

Revenue Units

  • Potential Monthly Revenue: $0.00
  • Potential Monthly Revenue: $0.00
  • Potential Monthly Revenue: $0.00

Lifestyle
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