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)
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.
Building details and property interior
Dimensions
30' 4" X 45' 3"
Year constructed
1910
Living area
500.80 m²
Siding
Brick
Lot and exterior features
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
Characteristics
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 and exclusions
Inclusions
7 wall-mounted air conditioners, 7 stoves, 7 refrigerators, 7 dishwashers, and 7 washer-dryer sets.