Rent Details and Lease Status:

-6951 (commercial): $2,748.42 + taxes = $3,160/month
Lease from July 1, 2025 to June 30, 2026. Net lease.
Will be renewed at $2,885.84 + taxes = $3,318/month from July 1, 2026 to June 30, 2027.

-6959 (residential): $1,360/month
Lease from July 1, 2025 to June 30, 2026.
Notice of non-renewal effective July 1, 2026 received from the tenant.

-501 (residential): $1,090/month
Lease from July 1, 2025 to June 30, 2026.
Notice of non-renewal effective July 1, 2026 received from the tenant.

Water Heaters:

-6951: Leased water heater. Also supplies hot water to Unit 501.
The tenant of Unit 501 pays $50/month to the commercial tenant for hot water.
-6959: Has its own water heater (owned, not rented), located in the basement.

The immovable is subject to goods and services tax and the Quebec sales tax on 60% of its value.

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Strategic Investment Opportunity -- Semi-Commercial Building with Strong Upside Potential

Located at 6951 and 6959 Notre-Dame East Street, as well as 501 Lyall Street, this semi-commercial property is a great opportunity to acquire a versatile asset with attractive value-add potential.

The two residential units (6959 and 501) will be vacant as of July 1, 2026, creating an opportunity to maximize rental income based on market conditions. The unit at 501 stands out for its flexible layout, which would easily allow for the addition of a fourth bedroom, further enhancing its rental potential.

The property is currently generating $67,200 in annual income. The unit at 6959 has been fully renovated. Several improvements have also been made to the building, including the replacement of many windows and a significant portion of the roof. Heating is fully electric.

The commercial space, approximately 4,000 sq. ft., is a major asset, offering a large and functional area that includes a usable basement, storage space, and a garage--ideal for a wide range of commercial uses.

A property offering stability, growth potential, and operational flexibility--an opportunity not to be missed.