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$2,100,000
ULS: 25967473

8-15-Plex for sale
1655 - 1669 Rue Aylwin, Montréal (Mercier/Hochelaga-Maisonneuve) (Hochelaga-Maisonneuve)

Renovated 8plex, with 7 units modernized in 2020--2021. Includes seven 4½ units and one 3½, featuring contemporary kitchens, quartz countertops, wall-mounted air conditioning, and updated plumbing and electrical systems. Shared backyard, stable annual income of 142,980$, and low maintenance. Located on Aylwin Street, near Marché Maisonneuve, Joliette metro station, and Promenades Ontario. A vibrant, highly sought-after area, ideal for attracting stable tenants. A reliable investment in a transforming neighborhood, offering both returns and peace of mind.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Living area 500.80 m²

Property features

2 Bedrooms
1 Bathroom
Gross revenue: $142,980 / year (July 2026)
Asking price: 14.7x gross revenue

Well-maintained 8-unit building offering a strong investment opportunity, with 7 units fully renovated (2020--2021). A turnkey asset requiring minimal short-term maintenance.
Configuration:
7 x 4 ½
1 x 3 ½

Please note: the 4 ½ units were originally double living rooms converted into 2-bedroom units. One of the bedrooms does not have a window facing outside.
Major upgrades (7 units):
Modern kitchens with quartz countertops
Renovated bathrooms
New flooring
Updated plumbing and electrical
Wall-mounted air conditioning units

Tenants also benefit from a rear yard, a highly sought-after feature in the area.
A well-optimized building offering a strong return with simplified management.

Location -- 1655 Aylwin Street
Located in a high-demand rental area, close to:
Maisonneuve Market
Promenade Ontario
Olympic Stadium
Joliette Metro Station
A vibrant and rapidly growing neighborhood, highly attractive to young professionals and families.
Full-service environment: shops, restaurants, cafés, parks, schools, and amenities all within walking distance.
Strategic location for investors:
Strong rental demand
Stable tenant base
Attractive appreciation potential
A high-performing, well-positioned, turnkey asset.
A solid opportunity for any serious investor.
Dimensions 30' 4" X 45' 3"
Year constructed 1910
Living area 500.80 m²
Siding Brick
Lot size 30' 1" X 85' 10" irr.
Lot area 240.70 m²
Topography Flat
Proximity CEGEP, Daycare centre, Hospital, Metro, Park, Highway, Elementary school, High school, Public transportation, University, Bicycle path
Heating System Electric baseboard units
Heating Energy Electricity
Property or unit amenity Wall-mounted air conditioning
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2025)

Lot assessment
$ 288,800
Building assessment
$ 1,761,200
Total
$ 2,050,000

Taxes

Municipal (2025)
$ 13,833
School (2024)
$ 1,541
Total
$ 15,374

Annual expenses

Insurance
$ 6,456
Total
$ 6,456

Gross annual revenues (potential)

Residential
$ 142,980
Total
$ 142,980

Inclusions

7 wall-mounted air conditioners, 7 stoves, 7 refrigerators, 7 dishwashers, and 7 washer-dryer sets.

Desjardins

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