Excellent 8-unit income property located in Montréal-Nord! Offering a strong unit mix of 5 ½, 4 ½ and 3 ½ units, this building generates approximately **$136,080 in annual revenue**. Prime residential location near schools, parks, shops, daycares, CLSC and public transit. A solid investment opportunity with stable income and long-term upside. **Visits of all units with an accepted offer only.**
Sale with exclusion(s) of legal warranty - See listing broker(s)
**Excellent 8-unit income property located in Montréal-Nord!** Situated at **11978 Av. Matte**, this building offers a strong unit mix composed of **four 5 ½ units, two 4 ½ units and two 3 ½ units**, making it an attractive opportunity for investors seeking stable rental income and long-term growth potential.
The property generates approximately **$136,000 in annual revenue** and is well positioned in a residential sector close to schools, parks, daycares, shops, CLSC, public transportation and major services. A great opportunity to acquire a multi-residential building with solid income and future upside potential.
**Visits of all units with an accepted offer only.**
Heating is paid for by the owner and is powered by natural gas.
Snow removal and lawn maintenance are currently performed by the tenants.
Building details and property interior
Dimensions
47' 11" X 46' 5"
Year constructed
1972
Windows
Aluminum
Window Type
Sliding
Siding
Brick, Stone
Basement
6 feet and more, Finished basement
Lot and exterior features
Lot size
58' X 89'
Lot area
5,175 ft²
Topography
Flat
Driveway
Double width or more, Asphalt
Parking (total)
Driveway (6)
Proximity
Daycare centre, Golf, Hospital, Park, Bicycle path, Elementary school, High school, Public transportation, CEGEP, Highway
Characteristics
Heating System
Hot water
Heating Energy
Natural gas
Water Supply
Municipality
Sewage System
Municipality
Environmental Study
Phase 1 (2016, 1), Phase 2 (2016, 1)
Financial details
Municipal assessment (2026)
Lot assessment
$ 360,600
Building assessment
$ 867,800
Total
$ 1,228,400
Taxes
Municipal
(2026)
$ 7,671
School
(2026)
$ 775
Total
$ 8,446
Annual expenses
Insurance
$ 4,000
Total
$ 4,000
Energy expenses
Electricity
$ 500
Gas
$ 12,567
Total
$ 13,067
Gross annual revenues (potential)
Residential
$ 136,080
Total
$ 136,080
Inclusions and exclusions
Mortgage payment calculator
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This document is not an offer or a promise that may bind the seller, but is an invitation to submit such offers or promises.