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$875,000
ULS: 15357750

Duplex for sale
1201 - 1203 Rue Osborne, Montréal (Verdun/Île-des-Soeurs) (Verdun)

Fall in love with Verdun: a turnkey duplex where you can live in one unit while enjoying rental income from the other. Both leases are in effect until June 30, 2027, offering the possibility of repossessing a dwelling for July 2027, subject to TAL rules. A spacious two-level residence, private terrace with pergola and bright upper apartment. Roof 2022, windows 2021, modernized plumbing and soundproofing. A beautifully maintained property offering peace of mind. An inviting opportunity to make Verdun your home.
Sale with exclusion(s) of legal warranty - See listing broker(s)

Property features

2 Bedrooms
1 Bathroom
Everything has been done, and done well. On Osborne Street in Verdun, this beautifully maintained brick duplex offers an appealing way to enjoy city living: make a spacious residence your own while benefiting from rental income from the other apartment.

Both leases remain in effect until June 30, 2027 and renew in accordance with the law. For a buyer who becomes the owner in early December 2026, repossession of a dwelling for occupancy on July 1, 2027 may be possible, provided the required notice is served on time and all Tribunal administratif du logement rules are followed. An appealing opportunity to plan a future home while retaining rental income.

The main-floor residence extends into a fully finished basement, creating a warm and versatile home. A decorative stone accent wall lends character to the dining room, while the kitchen with breakfast counter and propane stove is made for gathering. One bedroom on the main floor, two downstairs, two bathrooms and a basement family room provide room to live comfortably. Step outside to a private, inviting terrace with pergola.

Upstairs, a bright two-bedroom apartment completes the property. Hardwood floors, beautifully kept kitchens, renovated bathrooms, in-unit laundry facilities, externally vented range hoods and soundproofing between floors reflect the attention given to everyday comfort. A covered rear balcony adds another outdoor space.

The care invested in this property speaks for itself: roof redone in 2022, under warranty until June 2027; windows replaced in 2021; updated PEX and ABS plumbing; copper water supply line; circuit-breaker electrical panels; separate water heaters; and French drain with sump pump. Fibreglass and wood balconies feature aluminum railings. Electric baseboard heating, with heating and electricity paid by each tenant.

Verdun means the river and waterfront parks nearby, Wellington Street's cafés and shops, the metro, schools, daycares, bike paths and quick access to downtown. A vibrant neighbourhood, a turnkey property and a wonderful opportunity to discover in person.
Dimensions 20' X 42' 11" irr.
Year constructed 1946
Windows PVC
Window Type Casement
Siding Brick
Roofing Elastomeric membrane
Basement 6 feet and more, Finished basement
Renovations Roof covering (2022), Fenestration (2021)
Lot size 73' X 20' irr.
Lot area 135.60 m²
Proximity Highway, Daycare centre, Metro, Park, Bicycle path, Elementary school, High school, Public transportation

Unit 1 (Monthly residential revenue)

Living room
Level: 2nd level
Dimensions: 10'4" X 13'0" irr.
Flooring: Wood
Details:
Bedroom
Level: 2nd level
Dimensions: 8'1" X 7'5" irr.
Flooring: Wood
Details:
Couloir
Level: 2nd level
Dimensions: 4'6" X 20'10" irr.
Flooring: Wood
Details:
Bathroom
Level: 2nd level
Dimensions: 4'9" X 6'7" irr.
Flooring: Ceramic
Details:
Kitchen
Level: 2nd level
Dimensions: 9'0" X 12'6" irr.
Flooring: Wood
Details:
Dining room
Level: 2nd level
Dimensions: 10'0" X 11'10" irr.
Flooring: Wood
Details:
Bedroom
Level: 2nd level
Dimensions: 9'4" X 12'3" irr.
Flooring: Wood
Details:

Unit 2 (Monthly residential revenue)

Entrée
Level: 1st level/Ground floor
Dimensions: 3'2" X 5'7" irr.
Flooring: Ceramic
Details:
Entrée
Level: 1st level/Ground floor
Dimensions: 4'6" X 3'6" irr.
Flooring: Ceramic
Details:
Couloir
Level: 1st level/Ground floor
Dimensions: 4'6" X 24'9" irr.
Flooring: Wood
Details:
Bathroom
Level: 1st level/Ground floor
Dimensions: 4'9" X 9'5" irr.
Flooring: Ceramic
Details:
Bedroom
Level: 1st level/Ground floor
Dimensions: 10'1" X 11'11" irr.
Flooring: Wood
Details:
Living room
Level: 1st level/Ground floor
Dimensions: 10'5" X 13'0" irr.
Flooring: Wood
Details:
Kitchen
Level: 1st level/Ground floor
Dimensions: 9'6" X 12'3" irr.
Flooring: Wood
Details:
Dining room
Level: 1st level/Ground floor
Dimensions: 9'2" X 12'3" irr.
Flooring: Wood
Details:
Couloir
Level: Basement 1
Dimensions: 9'3" X 13'4" irr.
Flooring: Laminate floor
Details:
Bedroom
Level: Basement 1
Dimensions: 8'10" X 13'0" irr.
Flooring: Laminate floor
Details:
Family room
Level: Basement 1
Dimensions: 12'10" X 14'10" irr.
Flooring: Laminate floor
Details:
Bedroom
Level: Basement 1
Dimensions: 9'5" X 12'5" irr.
Flooring: Laminate floor
Details:
Bathroom
Level: Basement 1
Dimensions: 5'4" X 15'5" irr.
Flooring: Ceramic
Details:
Storage
Level: Basement 1
Dimensions: 9'1" X 6'8" irr.
Flooring: Concrete
Details:
Heating System Electric baseboard units
Heating Energy Electricity
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2024)

Lot assessment
$ 196,600
Building assessment
$ 580,500
Total
$ 777,100

Taxes

Municipal (2026)
$ 4,847
School (2026)
$ 564
Total
$ 5,411

Annual expenses

Insurance
$ 1,411
Total
$ 1,411

Gross annual revenues (potential)

Residential
$ 42,000
Total
$ 42,000

Inclusions

All appliances included in the existing leases.

Exclusions

All personal property belonging to the tenants.

Desjardins

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