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$2,789,000
ULS: 15179372

8-15-Plex for sale
1420 - 1434 Rue De Chambly, Montréal (Mercier/Hochelaga-Maisonneuve) (Hochelaga-Maisonneuve)

Rare investment opportunity! POSSIBILITY TO ADD UP TO 6 ADDITIONAL UNITS on the lot, subject to municipal approval, thanks to a spacious rear yard measuring 47 x 33 feet. Located on a corner lot in the heart of Hochelaga-Maisonneuve, this 8-unit building offers exceptional upside potential in both income and value. It includes: * One large 6½ of approximately 1,600 sq. ft., fully renovated, featuring a private inner courtyard -- vacant for the buyer, ideal for an owner-occupant * Seven bright 4½ units, well maintained and improved over the years * One garage included A rare chance to grow your portfolio in a high-demand rental market!
Sale with exclusion(s) of legal warranty - See listing broker(s)

Property features

3 Bedrooms
2 Bathrooms
1 Powder room
Potential additional income of approximately $130,000 per year with the possibility of building six 4½ units in the backyard (subject to municipal approval). Not all current revenues are effective.

Rare investment opportunity: possibility to add up to 6 additional units on the lot, subject to municipal approvals, thanks to a spacious 47 x 33 ft backyard.


Located on a corner lot in the heart of Hochelaga-Maisonneuve, this 8-unit building offers excellent potential for both rental income and property value growth.

It includes:

One large 6½ unit (~1,600 sq. ft.), fully renovated, with a private inner courtyard -- vacant for the buyer, ideal for an owner-occupant

Seven 4½ units, bright, well maintained, and upgraded over the years

One garage included

Several major renovations have been completed on the building and within the units.

A unique opportunity for a visionary investor or an owner-occupant seeking solid income and strong appreciation potential.
Dimensions 47' X 63' 5"
Year constructed 1923
Garage Single width
Lot size 47' 6" X 122'
Lot area 538.40 m²
Topography Flat
Parking (total) Garage (1)
Proximity Daycare centre, Hospital, Metro, Park, Highway, Elementary school, High school, Public transportation, Bicycle path, CEGEP
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2025)

Lot assessment
$ 726,800
Building assessment
$ 1,356,500
Total
$ 2,083,300

Taxes

Municipal (2025)
$ 13,518
School (2025)
$ 1,666
Total
$ 15,184

Annual expenses

Insurance
$ 5,193
Total
$ 5,193

Gross annual revenues (potential)

Residential
$ 144,828
Total
$ 144,828

Inclusions

For 1420 -- three wall-mounted air conditioners, dishwasher, all light fixtures, alarm system, security camera system, custom wood blinds in the living room and primary bedroom, custom metal blinds in both bathrooms and the guest bedroom. For 1428 -- washer and dryer.

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