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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 137 628$, 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
Seize this prime investment opportunity with a spacious 8plex, where 7 units were fully renovated in 2020--2021, blending modern comfort with peace of mind for owners. The building consists of 7x 4½ units and 1x 3½ unit, ideal for attracting a stable and diverse tenant base.

The 4 ½ units were originally double living rooms that were divided to add an extra bedroom. As a result, one of the two bedrooms does not have a window facing the exterior.

Each renovated unit features contemporary kitchens with quartz countertops, updated bathrooms, new flooring, upgraded plumbing and electrical systems, as well as wall-mounted air conditioners for year-round comfort.

At the back, tenants can enjoy a lovely shared courtyard, a valuable asset for urban living.

With annual gross income of 137 628 $, this property offers an excellent return/value ratio, perfect for investors seeking a solid, low-maintenance asset that's already optimized.

Don't miss out on this rare opportunity to acquire a high-performing, turnkey building!

Located at 1655 Aylwin Street, this property enjoys a prime location that combines accessibility, vibrant urban living, and quality of life. This thriving area attracts both families and young professionals, thanks to a harmonious blend of nearby shops, green spaces, and a bustling cultural scene.

Just steps from Marché Maisonneuve, Promenades Ontario, and the Olympic Stadium, this neighborhood has managed to preserve its authenticity while evolving intelligently.

Residents enjoy an abundance of independent cafes, trendy restaurants, microbreweries, local groceries, and essential services, all within walking distance.

Public transportation, including several bus lines and the Joliette metro station nearby, makes commuting simple and efficient, whether heading downtown or elsewhere on the island.

The area also stands out for its warm community spirit, green alleys, well-kept parks, and the presence of schools, daycares, and community centers. It's an ideal environment for a stable and diverse tenant base.

For a real estate investor, this location is highly strategic: strong rental demand, attractive profitability, appreciation potential, and a constantly evolving neighborhood.
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
$ 137,628
Total
$ 137,628

Inclusions

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

Desjardins

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