2049 Av. Papineau, Montréal (Ville-Marie), QC H2K

$1,099,000 | 3052 PC

0 Bedrooms
0 Bathrooms
1875
MLS: 26476804

Description

DEVELOPMENT POTENTIAL with confirmed zoning for multi-residential, commercial, or hotel projects. Full right to build up to 12 units as is on 3 floors and potentially 17 units by going through PPCMOI. Securing additional approval; Approval of demolition, Derogations mineures, CCU approval, and Adopted modifications to zoning would further enhance its marketability and value. The property is located in a PPU zone and the city plans on increasing the maximum height to 16m and increasing the density. Exclusion of legal warranty of quality.

Municipal land valuation

$482,500

Municipal building valuation

$120,700

Addenda

BUILDING
Type	Commercial building/Office
Style	Attached
Dimensions	6.1x8.48 M
Lot Size	0

EXPENSES
Municipal Taxes (2024)	$ 3362 / year
School taxes (2024)	$ 497 / year

CHARACTERISTICS
Sewage system	Municipal sewer
Water supply	Municipality
Proximity	Public transport
Zoning	Residential

Loading maps...

Loading street view...

Ready to take

The next step?

Not sure if now’s the right time to buy or sell? Need some advice from a real estate expert? We would love to get to know more about you and your needs!