**INVESTMENT OPPORTUNITY** Superb 8-unit building comprised of very spacious open-concept 4 ½ apartments, offering a modern and sought-after design. Originally built with a structure designed for condo-style units, the property benefits from concrete floors, ensuring superior soundproofing and durability. Each unit offers bright and well-configured living spaces. Four parking spaces are available at the rear, a considerable asset in this area. Located in a strategic location, this building enjoys a convenient, family-friendly, and vibrant environment.
Sale with exclusion(s) of legal warranty - See listing broker(s)
+ Washer and dryer hookups in all units + 8 units of size 4.5 + Rear parking (4 spaces), asphalt resurfaced in 2021 + Very well-maintained building + Roof replaced in 2020 + Window replacement in 2023 + All balconies and front and rear railings replaced in 2020 + Several other renovations completed over the years
** Rental income $117,176.00.is based on the next leases effective July 1, 2026**
Located in a prime area of Mercier--Hochelaga-Maisonneuve, this building benefits from a convenient, family-friendly, and vibrant neighborhood.
* Approximately an 8-minute walk from Sherbrooke Street and all its amenities: grocery stores, pharmacies, financial institutions, restaurants, and local shops * Walking distance to schools, including Notre-Dame-des-Victoires School * Minutes from several parks, including Jean-Amyot Park, Olivier-Guimond Park, and Thibodeau Park * In close proximity to essential everyday businesses
You will also enjoy quick access to the major attractions of the Hochelaga-Maisonneuve area: the Botanical Garden, Maisonneuve Park, the Olympic Park, Saputo Stadium, and movie theaters, all easily accessible by car, bicycle, or public transit.
TRANSPORTATION
An ideal location for car-free living!
* Approximately a 6-minute walk from L'Assomption metro station (Green Line) * Approximately a 10--12-minute walk from Cadillac metro station (Green Line) * Several bus lines nearby, making all your travels easy * Quick access to downtown in under 30 minutes by public transit * Approximately 20 minutes by car via Notre-Dame Street
Easy access to major highways, including Highway 25 and the Louis-Hippolyte-La Fontaine Tunnel, as well as the area's bike paths.
NB Please note there is an OPEN file at the TAL for APT 5 .
Building details and property interior
Dimensions
46' 1" X 48' irr.
Year constructed
1987
Roofing
Asphalt and gravel
Lot and exterior features
Lot size
48' 3" X 84' 8"
Lot area
379.50 m²
Driveway
Asphalt, In the back of the building
Parking (total)
Driveway (4)
Proximity
CEGEP, Daycare centre, Hospital, Park, Bicycle path, Elementary school, High school, Public transportation, Highway
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2026)
Lot assessment
$ 426,900
Building assessment
$ 1,233,200
Total
$ 1,660,100
Taxes
Municipal
(2026)
$ 10,992
School
(2026)
$ 1,336
Total
$ 12,328
Gross annual revenues (potential)
Residential
$ 115,476
Parking
$ 2,400
Total
$ 117,876
Inclusions and exclusions
Inclusions
8 hot water tank
Exclusions
All personal belongings of the tenants
Mortgage payment calculator
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This document is not an offer or a promise that may bind the seller, but is an invitation to submit such offers or promises.