Two or more storey · Montebello

A CENTURY-OLD HOME WAITING TO BE REIMAGINED IN THE HEART OF MONTEBELLO! What if this property became your next home? Located at 588 Notre-Dame Street, in the heart of the tourist village of Montebello, this charming three-story, century-old home offers a rare opportunity to bring a residential, commercial, or mixed-use project to life. Home to the renowned Bonheurs de Passions boutique since 1999, the building boasts remarkable character, excellent visibility, and a prime location in a lively and sought-after neighborhood. POTENTIAL FOR RESIDENTIAL CONVERSION! Although currently used entirely for commercial purposes, the property is located in Zone 3-C, which permits several categories of residential use. You could consider: Converting the building into a spacious single-family home. Creating two or more units to generate rental income. Living upstairs while operating a business on the ground floor. Renting out part of the building to help cover property expenses. The zoning specifically allows for single-family homes, two-family homes, and certain categories of multifamily residences, subject to applicable standards. MIXED-USE DEVELOPMENT: AN OPPORTUNITY TO CAPITALIZE ON! Why choose between living and running a business when you can combine the two? The 3-C zoning designation also allows for a variety of commercial activities: shops, cafés, restaurants, art galleries, offices, professional services, and lodging facilities. This is a great opportunity to diversify your income by bringing together multiple businesses or rental spaces under one roof. A CHARMING GARDEN-LEVEL UNIT! At the rear, the garden-level unit opens directly onto a landscaped lot with two levels. This space offers exciting potential for residential development or a restaurant project with a terrace, subject to the necessary permits. TAXES AND RESIDENTIAL CONVERSION Since the building has been used 100% for commercial purposes since 1999, its sale is normally subject to the GST and QST, even if the buyer plans to convert it into a primary residence. However, depending on the nature of the conversion and the applicable tax rules, certain tax refund mechanisms may be available to a residential buyer. Special provisions may also apply to the creation of rental units. Eligibility for these refunds is not automatic and should be verified with a tax professional. ONE PROPERTY, MANY POSSIBILITIES! Whether you're dreaming of a home with character, an income property, or a space that combines residential and commercial use, this property offers remarkable versatility. The sale includes only the building. The Bonheurs de Passions business and its inventory are excluded from the asking price but may be purchased separately.

HALLWAY	14' 11" X 10' 7"	Wood	Ground floor
BEDROOM	11' 1" X 10'	Wood	Ground floor
BEDROOM	10' 11" X 10' 10"	Wood	Ground floor
OTHER	14' 10" X 3' 5"	Wood	Ground floor
LIVING ROOM	18' 4" X 11' 7"	Wood	Ground floor
WASHROOM	3' 10" X 4' 7"	Wood	Ground floor
OTHER	14' 1" X 11' 3"	Wood	Ground floor
DINING ROOM	10' 1" X 14' 3"	Wood	Ground floor
OTHER	10' 10" X 11' 2"	Wood	Floor
LIVING ROOM	14' 7" X 7' 7"	Wood	Floor
BEDROOM	11' X 10' 1"	Wood	Floor
BEDROOM	11' X 9' 11"	Wood	Floor

Construction year

1926

Dimension

28.3 m X 38.6 m

Siding

Brick, Pressed fibre

Roofing

Tin

Land area

719.30 m²

Driveway

Not Paved

Proximity

Golf, Bicycle path, Elementary school, Cross-country skiing

Parking (total)

Outdoor (2)

Topography

Sloped, Flat

Zoning

Commercial, Residential

Heating system

Hot water, Electric baseboard units

Water supply

Municipality

Heating energy

Electricity

Sewage system

Municipal sewer

Assessment

Building

2026, $123,000

Land

2026, $29,500

Municipal

2026, $152,500

Expenses

School taxes

2025, $107 / year

Municipal Taxes

2026, $3,932 / year