Detached income property located in a sought-after area of Montreal, offering an investment opportunity with **annual rental income of $91,080**representing a **gross rent multiplier (GRM) of 15.37**.
The property has undergone significant renovations over the years. The units feature open-concept layouts, kitchens with quartz countertops, and abundant windows providing excellent natural light.
The building is fully rented, offering attractive rental stability. It represents an opportunity for investors looking to acquire an income-generating property in an established Montreal neighbourhood.
Strategically located near elementary and secondary schools, colleges, universities, shops, and essential services. Public transportation, pharmacies, healthcare facilities, and shopping centres are all within a 10-minute walk.
Building details and property interior
Dimensions
36' X 98'
Year constructed
1957
Windows
PVC
Siding
Brick
Roofing
Elastomeric membrane
Dividing Floor
Wood
Basement
6 feet and more, Finished basement
Lot and exterior features
Lot size
128' 3" X 39' 1"
Lot area
3,600 ft²
Topography
Flat
Proximity
CEGEP, Daycare centre, Hospital, Park, Highway, Elementary school, High school, 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
$ 250,900
Building assessment
$ 788,900
Total
$ 1,039,800
Taxes
Municipal
(2026)
$ 7,295
School
(2025)
$ 761
Total
$ 8,056
Annual expenses
Insurance
$ 8,463
Snow removal
$ 938
Lawn
$ 1,120
Total
$ 10,521
Gross annual revenues (potential)
Residential
$ 91,080
Total
$ 91,080
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.