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$2,025,000
ULS: 18748906

8-15-Plex for sale - Montréal (Ville-Marie) (Village)

1717 - 1733 Rue De Champlain, Montréal (Ville-Marie) (Village)
9-unit income building in Ville-Marie, excellent investment opportunity. It offers not only an attractive yield, but also the potential for further growth. Units are in good condition and well occupied. Located in the heart of the urban action, a stone's throw from Ontario Street, several services and the metro. Annual income $141 624. Walk score 98.
Living area 656.60 ft²

Property features

1 Bedroom
1 Bathroom

JACQUES PERRON

Certified real estate broker

RE/MAX DU CARTIER INC.

Tenants are responsible for electricity and heating service charges. There are 7 units with 4 1/2 rooms and two with 3 1/2 rooms. Backyard with 4 parking spaces. Appliances are included in all apartments and 1717 is furnished.

The SELLER instructs the AGENCY or BROKER to inform purchasers, or the brokers representing them, that it undertakes not to respond to any promise to purchase received in connection with the IMMOVABLE before May 1, 2024.

Unit visits upon acceptance of offer.

Acceptance period 48 hours minimum.

The BUYER and the SELLER agree that the deed of sale will be subject to a strict deadline, the deed of sale must be signed before June 22, 2024. During this period, the parties undertake to take all necessary steps to finalize the sale.

If the deed of sale is not signed by this date, the promise to purchase will automatically become null and void without notice or delay.

Near
*Metro Beaudry
*Park
*Grocery store
*Bicycle path
*Stores
*Daycares
*Restaurants
*Coffee shops
*High schools
Dimensions 72' 6" X 52' irr.
Year constructed 1901
Living area 656.60 ft²
Window Type Sliding
Siding Brick
Roofing Elastomeric membrane
Lot size 72' 6" X 72' 2" irr.
Lot area 439.60 m²
Topography Flat
Driveway Asphalt
Parking (total) Driveway (4)
Proximity Daycare centre, Hospital, Metro, Park, Bicycle path, Elementary school, Réseau Express Métropolitain (REM), High school, Commuter train, Public transportation, University, CEGEP, Highway
Heating System Electric baseboard units
Heating Energy Electricity
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2021)

Lot assessment
$ 714,400
Building assessment
$ 835,600
Total
$ 1,550,000

Taxes

Municipal (2024)
$ 8,757
School (2023)
$ 1,030
Total
$ 9,787

Annual expenses

Insurance
$ 2,924
Total
$ 2,924

Gross annual revenues (potential)

Residential
$ 134,664
Parking
$ 6,960
Total
$ 141,624

Inclusions

All furniture listed on the leases

Desjardins

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