An 8-unit building--comprising entirely 4½-room apartments--located in the Tricentenaire area. Built in 1986, it is attached to another 8-unit building that is also available for purchase. There is an opportunity to acquire both buildings, for a total of 16 units! The property has been well-maintained over the years, with the roof replaced in 2023, and it features a stable tenant base. There is excellent potential to optimize rental income--an attractive opportunity for investors looking to expand their real estate portfolio.
Sale with exclusion(s) of legal warranty - See listing broker(s)
EXCELLENT INVESTMENT OPPORTUNITY -- 8 OR 16 UNITS -- MONTREAL (TRICENTENAIRE)
Discover this 8-unit residential building, offering an attractive combination of rental stability, consistent maintenance, and potential for revenue growth.
There is also an option to acquire the adjacent 8-unit building, for a total of 16 residential units--a compelling opportunity for investors looking to make a larger-scale acquisition!
BUILDING FEATURES
- 8 residential units, all 4½ (2-bedroom) apartments.
- Built in 1986.
- Semi-detached, with an identical 8-unit building also available for sale.
- Option to purchase both buildings, totaling 16 units.
- Roof replaced in 2023.
- Well-maintained property.
- Stable tenant base.
- Significant potential for optimizing rental income over the medium to long term, subject to applicable regulations.
LOCATION -- TRICENTENAIRE AREA
- Located in an established residential neighborhood in Pointe-aux-Trembles, East Montreal.
- Close to shops, grocery stores, pharmacies, and essential services.
- Schools, parks, and recreational facilities nearby.
- Convenient access to Highway 40 and major thoroughfares.
- Served by public transit.
A HIGH-POTENTIAL INVESTMENT
With its uniform unit layouts, stable tenant base, and consistent maintenance, this building represents an attractive acquisition for any investor. The option to acquire both adjoining buildings simultaneously offers an additional advantage, allowing for the consolidation of 16 residential units in a single location, simplifying property management, and providing potential for long-term revenue growth.
Available for individual sale or as a combined acquisition of both buildings.
Building details and property interior
Dimensions
55' X 36' 1"
Year constructed
1986
Siding
Brick
Roofing
Asphalt shingles
Lot and exterior features
Lot size
140' X 68'
Lot area
884.80 m²
Parking (total)
Driveway (8)
Proximity
CEGEP, Daycare centre, Hospital, Park, Highway, Elementary school, High school, Commuter train, Public transportation, Bicycle path
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2026)
Lot assessment
$ 530,900
Building assessment
$ 986,600
Total
$ 1,517,500
Taxes
Municipal
(2026)
$ 9,527
School
(2026)
$ 1,040
Total
$ 10,567
Annual expenses
Snow removal
$ 1,247
Total
$ 1,247
Energy expenses
Electricity
$ 1,000
Total
$ 1,000
Gross annual revenues (potential)
Residential
$ 84,444
Total
$ 84,444
Inclusions and exclusions
Exclusions
Tenants' belongings and furniture
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.