$3,200,000
ULS: 12365965
8-15-Plex for sale - Montréal (Ville-Marie) (Centre)
1213 - 1227 Rue De Champlain, Montréal (Ville-Marie) (Centre)
Income property in Ville-Marie with a stone façade, an excellent investment opportunity. This building features 10 units that have undergone several renovations over the years, offering not only attractive returns but also potential for further increase. Situated in the heart of the vibrant urban area, close to Radio-Canada and Molson projects, as well as the metro, this location is strategically positioned to attract tenants. The fact that all units are in good condition and well-occupied is a major asset, ensuring stability in generated income. With an annual income of $211 560. WALK SCORE 96.
Living area
644.11 ft²
Property features
1
Bedroom
1
Bathroom
Addendum
There is a second two-story building at the rear, buildings with 108.47 meters of living space.
Income from 1215-1217 1221 are renewals from July 1, 2024.
The lease on 1219 corresponds to the new tenant starting on July 1, 2024.
The photos represent a 7 1/2, a 3 1/2 in the front and a 3 1/2 in the rear.
Description: The front building consists of 8 units, including four 7½ units on two floors and four 3½ units. The rear building has 2 units, both 3½. There is a large courtyard and a single garage with storage included.
Nearby amenities include:
*Metro
*Park
*Grocery store
*Bike path
*Shops
*Daycares
*Restaurants
*Cafés
*High schools
The SELLER instructs the AGENCY or BROKER to inform buyers, or the brokers representing them, that they agree not to respond to any purchase offers received regarding the PROPERTY before May 1, 2024.
Property visits upon accepted offer.
Minimum acceptance period of 48 hours.
The BUYER and the SELLER agree that the deed of sale will be subject to a strict deadline; the deed of sale must be signed before June 22, 2024. During this period, the parties undertake to complete all necessary steps to finalize the sale.
If the deed of sale is not signed by this date, the purchase agreement will automatically become null and void without notice or delay.
Income from 1215-1217 1221 are renewals from July 1, 2024.
The lease on 1219 corresponds to the new tenant starting on July 1, 2024.
The photos represent a 7 1/2, a 3 1/2 in the front and a 3 1/2 in the rear.
Description: The front building consists of 8 units, including four 7½ units on two floors and four 3½ units. The rear building has 2 units, both 3½. There is a large courtyard and a single garage with storage included.
Nearby amenities include:
*Metro
*Park
*Grocery store
*Bike path
*Shops
*Daycares
*Restaurants
*Cafés
*High schools
The SELLER instructs the AGENCY or BROKER to inform buyers, or the brokers representing them, that they agree not to respond to any purchase offers received regarding the PROPERTY before May 1, 2024.
Property visits upon accepted offer.
Minimum acceptance period of 48 hours.
The BUYER and the SELLER agree that the deed of sale will be subject to a strict deadline; the deed of sale must be signed before June 22, 2024. During this period, the parties undertake to complete all necessary steps to finalize the sale.
If the deed of sale is not signed by this date, the purchase agreement will automatically become null and void without notice or delay.
Building details and property interior
Dimensions
64' X 37' 7" irr.
Year constructed
1870
Living area
644.11 ft²
Window Type
Sliding
Siding
Brick, Stone
Roofing
Asphalt and gravel
Garage
Detached, Single width
Washer/Dryer (installation)
Other (AU)
Lot and exterior features
Lot size
64' X 101' 9" irr.
Lot area
603 m²
Topography
Flat
Driveway
Asphalt
Parking (total)
Garage (1)
Proximity
Hospital, Metro, Bicycle path, Elementary school, High school, Public transportation, University, Daycare centre, Other
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Environmental Study
Phase 1 (2019, 01)
Financial details
Municipal assessment (2021)
- Lot assessment
- $ 1,076,400
- Building assessment
- $ 1,331,800
- Total
- $ 2,408,200
Taxes
- Municipal (2024)
- $ 14,118
- School (2023)
- $ 1,765
- Total
- $ 15,883
Annual expenses
- Insurance
- $ 9,870
- Total
- $ 9,870
Energy expenses
- Other
- $ 2,620
- Electricity
- $ 3,858
- Total
- $ 6,478
Gross annual revenues (potential)
- Residential
- $ 208,860
- Parking
- $ 2,700
- Total
- $ 211,560
Inclusions and exclusions
Inclusions
All furniture as indicated in the leases
Mortgage payment calculator
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