Description
Professional Office Space -- AAA Location! 150 Boul. de la Côte-Vertu, Suite 302, Saint-Laurent Located in the heart of Saint-Laurent, this beautifully maintained 1,000 sq. ft. office space is ideal for professionals such as accountants, notaries, consultants, or legal advisors.Suite 302 features a smart, functional layout with elegant finishes and a convenient kitchen--perfect for both client-facing services and administrative work. The space is turnkey and move-in ready, designed to foster a productive, professional work environment.A rare opportunity to establish or grow your business in a high-traffic,sought-after location.Don't miss out!
Lease Term and Rent Escalation Structure
The lease shall be for a minimum term of 3 to 5 years, with
an option to renew under mutually agreed terms.
Year 1: Base rent + Additional rent (e.g., property taxes,
maintenance, insurance, etc.)
Year 2: Base rent + Additional rent + 3% increase on base
rent.
Year 3: Base rent + Additional rent + 3% increase on base
rent.
Year 4: Base rent + Additional rent + 4% increase on base
rent.
Year 5: Base rent + Additional rent + 5% increase on base
rent.
Renewal Option:
The tenant shall have the option to renew the lease under
terms to be negotiated at the time of renewal, with a
proposed 3% annual increase on the renewed base rent.
Maintenance Obligation:
The tenant must maintain the property in good condition at
all times, including compliance with all By-Laws and
applicable municipal codes, safety standards, and
cleanliness.
The additional rent: will be adjusted annually to reflect
any changes in operating costs, property taxes, and other
applicable expenses.
Utilities:
The LESSEE shall be responsible for the payment of their
own electricity and natural gas (gaz naturel) consumption
throughout the term of the lease. These services shall be
registered in the lessee's name and paid directly to the
respective utility providers.
Tenant Liability Insurance:
The lessee shall obtain and maintain, at their own expense,
throughout the term of the lease, commercial general
liability insurance with a minimum coverage of $2,000,000
per occurrence (or another agreed-upon amount). The policy
shall cover bodily injury, property damage, and personal
injury arising from the lessee's use and occupancy of the
premises.
The lessor shall be named as an additional insured on the
policy, and the lessee shall provide the lessor with a
valid certificate of insurance prior to occupancy and upon
each renewal of the policy. The insurance shall remain in
full force and effect at all times during the lease term.