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$1,049,000
ULS: 18895748

5-6-7-Plex for sale
1600 Rue Springland, Montréal (Le Sud-Ouest) (Côte-Saint-Paul)

Near the Jolicoeur and Monk metro stations, 3 apartments with private bedrooms. This 6-unit apartment offers incredible potential. (see addendum)

Property features

1 Bedroom
1 Bathroom
Near Jolicoeur and Monk Metro Stations | Quiet Residential Area

Semi-detached building with 6 units (2 x 4½ and 4 x 3½) located in the heart of Côte-Saint-Paul, within walking distance of Jolicoeur and Monk metro stations. The semi-detached layout places closed bedrooms on one side of the building, optimizing privacy and tranquility for tenants. The property is fully rented and very well maintained: windows replaced in 2022, elastomer roof redone in 2020, and fiberglass rear balconies, ensuring controlled maintenance in the short and medium term.

Electric heating paid by tenants helps reduce operating costs. Outside, there is a sunny fenced yard and a garage. Current rents are below market value, offering strong income growth potential, supported by sustained rental demand thanks to the two nearby metro stations.

Highlights

6 units (2 x 4½, 4 x 3½) -- fully occupied

Semi-detached layout -- closed bedrooms on one side, greater tranquility

Windows 2022, roof 2020, fiberglass balconies

Electric heating paid by tenants

Sunny fenced yard + 1 garage

Close to Jolicoeur and Monk metros -- quiet and sought-after area

Rents below market -- strong revenue optimization potential

Dimensions 31' 5" X 44' irr.
Year constructed 1955
Siding Brick
Roofing Elastomeric membrane
Garage Detached
Lot area 234 m²
Parking (total) Garage (1)
Proximity Highway, Metro, Bicycle path, Elementary school, Public transportation
Heating System Electric baseboard units
Heating Energy Electricity
Rented Equipment (monthly) Water heater (3, 1)
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2024)

Lot assessment
$ 304,300
Building assessment
$ 532,000
Total
$ 836,300

Taxes

Municipal (2025)
$ 5,445
School (2025)
$ 683
Total
$ 6,128

Gross annual revenues (potential)

Residential
$ 48,540
Total
$ 48,540

Inclusions

3 Hot water tank

Exclusions

3 Hot water tank

Desjardins

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