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5010 Rue Paré
Montréal, QC H4P 1P3
Office Property For Sale
PROPERTY FACTS
ABOUT 5010 RUE PARÉ , MONTRÉAL, QC H4P 1P3
Cushman & Wakefield is proud to present the remarkable development opportunity located at 5010 Paré, in the heart of the rapidly developing Le Triangle neighborhood in the Côte-des-Neiges-Notre-Dame-de-Grâce borough of Montreal. The City of Montreal is investing $60M in the development of Le Triangle as part of an overall strategic plan to add 3,300 residential units in the Namur-De la Savane sector, in addition to the former Hippodrome, which will house an additional 5,000 residential units. Current zoning for the 87,400 square foot property allows for a project of six (6) stories and over 220,000 square feet to be developed and neighboring projects have received approval for up to six (6) stories. The 60,000 square foot building that currently sits on 5010 Paré is leased to two tenants on a short-term basis, thereby providing developers with a revenue stream during the crucial planning process. This incredible site is located 8 minutes from the Namur Metro station and is in close proximity to many services, amenities and restaurants in the area.
