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1202 Av. Union, Montréal (Ville-Marie), QC H3B

$2,550,000 | 261.8 MC

  • 0 Bedrooms
  • 0 Bathrooms
  • 2018
  • MLS: 26680589

Description

Prime downtown commercial condo on Union Street, ideally located in the heart of Montréal's vibrant core. This modern, professionally maintained property is occupied by a AAA-quality tenant and generates strong, stable revenue, with annual rent totaling $221,706. Surrounded by major office towers, financial institutions, luxury retail, hotels, and renowned restaurants, the location benefits from exceptional foot traffic and visibility. Just steps from Square-Victoria--OACI metro station and McGill University, this asset offers a rare blend of location, quality, and income performance in one of Montréal's most sought-after downtown corridors.

Excluded

The tenants personal belongings

Municipal land valuation

$213,000

Municipal building valuation

$1,855,700

Addenda

Located on Union Street in the heart of downtown Montréal,
this contemporary commercial condominium features high
ceilings, sleek finishes, and a professionally maintained
environment that distinguishes it within the urban core.
The property is currently occupied by a AAA-quality tenant
and demonstrates solid, consistent revenue performance.

Property Highlights:

Prime downtown location on Union Street

Contemporary commercial condominium with high ceilings

Professionally maintained and architecturally appealing
space

AAA-quality tenant currently in place

Strong and consistent revenue generation

Excellent visibility and high pedestrian traffic

Steps from Square-Victoria--OACI metro station

Close proximity to McGill University

Located in one of Montréal's most in-demand downtown
commercial corridors

BUILDING
Type Commercial condo
Style Attached
Dimensions 2.79x5.9 M
Lot Size 0
EXPENSES
Insurance $ 797 / year
Co-ownership fees $ 18598 / year
Municipal Taxes (2025) $ 56537 / year
School taxes (2025) $ 1637 / year
CHARACTERISTICS
Proximity Highway, Public transport
Sewage system Municipal sewer
Water supply Municipality

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