Residential multiplex,+13 000 SF of building area.8 units offering 40 bedrooms ideal for student lodging.Annual income $441,600.Primarily located steps away from Concordia and McGill University,Lasalle and Dawson College,Atwater metro ,cafes and restaurants.Offering large, spacious, and fully renovated residential units,each unit +1500 SF. Built-in 1915, the property has been maintained in excellent condition and has undergone significant capital investments.4 units with 5 bedrooms, 2 units x 6 Bdrms +2 units x 4 Bdrms (all closed with windows)
Sale with exclusion(s) of legal warranty - See listing broker(s)
*** HIGHLIGHTS*** The building presently has 40 bedrooms. All bathrooms and plumbing have been recently upgraded, as well as all the kitchens. Additionally, some units have been completely reconfigured, thus allowing a new kitchen and full bathroom to be built within a new layout. The Property offers exceptional living quarters with high-quality finishings, as well as aesthetically pleasing and optimized spaces. The Asset is highly suited for cohabitation: 80 percent of units feature five bedrooms or more. Such units are rare in Montréal -- less than 5 percent of all multi-residential units in Ville-Marie offer three or more rooms, and in high demand among a young, professional clientele looking to lower costs while maintaining a great standard of living. Furthermore, the building disposes of a laundry facility and all units include fridges, stoves, microwaves, heating, electricity and hot water.
Building details and property interior
Dimensions
42' X 99' irr.
Year constructed
1915
Living area
13,000 ft²
Windows
Aluminum
Window Type
Casement
Roofing
Asphalt and gravel
Dividing Floor
Wood
Kitchen Cabinets
Melamine, Laminate
Basement
Finished basement, Outdoor entrance
Lot and exterior features
Lot size
42' X 115'
Lot area
4,932 ft²
Topography
Flat
Proximity
CEGEP, Daycare centre, Hospital, Metro, Highway, Bicycle path, High school, Public transportation, University, Park