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Income property, commercial real estate brokerage with Jasmin Morin

Your broker forcommercialreal estate

Selling or acquiring an income property, a commercial space or a piece of land isn’t like selling a house: the numbers matter more than falling in love with the place. A residential and commercial real estate broker, Jasmin Morin works with you as part of the team.

Annie Payant & Jasmin MorinReal estate brokers · RE/MAX du Cartier
5.0 · 105 Google reviews

Every type of property

Multi-unit buildings, retail, offices, mixed use, industrial buildings and land.

A rigorous evaluation

Comparable sales, GRM, price per square foot and municipal assessment ratio.

Targeted marketing

Financial data presented clearly, shared with investors across the RE/MAX network.

From offer to notary

Managing the conditions: financing, inspection and due diligence.

The properties we handle

Buildings, commercial spaces and land

  • Multi-unit buildings: plexes and income properties of all sizes
  • Commercial buildings: offices, neighbourhood retail, mixed-use buildings
  • Industrial spaces and buildings: warehouses, workshops, light industrial spaces
  • Land: commercial lots, land for development
  • Owner-occupied properties: a building occupied by your own business

A rigorous evaluation, not a guess

The right price for a commercial building is defended with numbers. For every mandate, Jasmin combines several recognized methods:

  • Direct comparison method: a comparison with similar properties recently sold.
  • Gross rent multiplier (GRM): value established from the building’s income.
  • Price per square foot: useful for commercial and industrial spaces.
  • Municipal assessment to sale price ratio: the municipal assessment put in perspective with actual sales.

You receive a clear evaluation summary that explains the reasoning behind the recommended price.

Selling your commercial building

1

Property analysis

Income, expenses, current leases, condition of the building and potential.

2

Pricing strategy

Based on the evaluation methods above and on market conditions.

3

Targeted marketing

A professional presentation of the building and its financial data, shared with qualified buyers and investors through the RE/MAX network.

4

Negotiation and follow-up

Managing offers and conditions (financing, inspection, due diligence) all the way to the signing at the notary’s office.

Buying or investing

Looking for a building for your business or to grow your portfolio? Jasmin helps you define your criteria and your purchasing power with our mortgage partners, spot opportunities, analyze a building’s real return before you make an offer, and negotiate the best terms.

See also: Investing in real estate and Selling a plex.

Frequently asked questions

Commercial real estate and income properties

How much is my income property worth?

Value depends mainly on income, expenses, the condition of the building and comparable sales. A free evaluation meeting helps establish a realistic range.

What is the GRM?

The gross rent multiplier is the ratio between a building’s sale price and its gross annual income. It makes it quick and easy to compare income properties with one another.

What documents should I prepare to sell?

Current leases, the statement of income and expenses for recent years, municipal and school tax bills, insurance and maintenance contracts, as well as any recent inspection report or certificate of location.

How long does it take to sell a commercial building?

Generally longer than a residential property, because of the financial analysis and the buyers’ due diligence. A well-prepared file shortens the timeline.

Google reviews

What clients say about Jasmin

5.0 · 33 Google reviews for Jasmin
« J'ai fait affaire avec Jasmin pour la vente de l’un de mes condos, et je dois dire qu’il est d’un professionnalisme exemplaire. Son service est vraiment clé en main, ce qui a grandement facilité le processus. Il a su m’offrir une assistance précieuse à chaque étape. Je le recommande sans hésitation! »
— Dany Rondeau, Google review · Jasmin Morin
« J’ai dû utiliser les services d’un agent d’immeuble pour la vente de ma maison dans le secteur de st-jean-sur-richelieu. Après un ans de tentative avec un autre agent j’ai été mis en contact avec Jasmin et en seulement un mois, il as su entreprendre la vente pour enfin nous enlever ce poids sur les épaules. Quelle soulagement! Merci encore et bien sûr je réutiliserais ses services advenant une future vente de propriété. »
— Raphaël Larocque, Google review · Jasmin Morin

Let’s talk about your commercial project

A free, no-obligation meeting to evaluate your building or clarify your purchase plans.