8-unit building offering excellent income potential in the sought-after Maizerets area. Features 7 units of the 6½ type, as well as one unit that has been converted into a spacious 4-bedroom, maximizing rental appeal. Ideal opportunity for investors looking to optimize revenues. Several improvements have been made, including the conversion of heating at tenants' expense and the installation of a central natural gas system for hot water. Up to 7 parking spaces. Attractive income with additional optimization potential.
Sale with exclusion(s) of legal warranty - See listing broker(s)
8-unit building offering an excellent rental product. Seven spacious 6½ units, each featuring 4 bedrooms--highly sought after on the market. The 8th unit has been converted and is currently operated as room rentals, with each bedroom rented separately by the owner. This configuration allows for attractive revenue optimization. Well suited for investors looking to maximize profitability.
Monthly revenues of approximately $13,371. Unit 3 generates an additional $60/month for an indoor storage space, and unit 4 provides an extra $60/month for parking.
Renovations completed:
-Hot water tank replaced (2022) -Conversion to electric heating at tenants' expense (2022) -Replacement of gas furnace and hot water system (2022) -Full renovation of unit 8 (2023) -Replacement of several flooring coverings -Bathroom renovations
Nearby:
-Schools/Daycares: Saint-Fidèle School, Cégep Limoilou, CPE La Courtepointe -Shops: Maxi, IGA Extra, Pharmaprix, Galeries de la Canardière -Green spaces: Domaine de Maizerets, Parc de la Pointe-aux-Lièvres -Transportation: RTC routes (800, 802, 3), quick access to downtown -Main roads: Boulevard Sainte-Anne, Dufferin-Montmorency Highway (A-440), Laurentian Highway (A-73) -Healthcare: CLSC Limoilou, Hôpital de l'Enfant-Jésus
Building details and property interior
Dimensions
49' 10" X 57' 11"
Year constructed
1945
Siding
Brick
Basement
6 feet and more, Finished basement
Lot and exterior features
Lot area
6,009.49 ft²
Parking (total)
Driveway (7)
Proximity
CEGEP, Daycare centre, Hospital, Highway, Elementary school, High school, Public transportation, Bicycle path
Characteristics
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Environmental Study
Phase 1 (2021, 09), Phase 2 (2019, 07)
Financial details
Municipal assessment (2025)
Lot assessment
$ 250,000
Building assessment
$ 990,000
Total
$ 1,240,000
Taxes
Municipal
(2026)
$ 14,192
School
(2025)
$ 855
Total
$ 15,047
Gross annual revenues (potential)
Residential
$ 152,904
Total
$ 152,904
Inclusions and exclusions
Inclusions
Les meubles du logement 8, cameras de surveillance, router internet.