$994,500
ULS: 14124399
8-15-Plex for sale - Montréal (Montréal-Nord)
4800 Boul. Gouin E., Montréal (Montréal-Nord)
Unique investment opportunity offering a large patrimonial home with a long standing tenant (toxico stop) that manages regular maintenance. Currently used as a rehabilitation centre, This property offers yearly revenue of $72,000, with a five year lease + option to renew for an additional 5. Low maintenance, well managed and great for those looking for a property already registered and accredited through multiple different health regulations. Please note visits are only following accepted offers. Call broker for more information.
Sale without legal warranty of quality, at the buyer's risk and peril.
Addendum
4800 Gouin Est | Great Long Term Investment
Tired of flipping through listings looking for a profitable revenue property? Finally an opportunity for veteran investors to dig their fingers into! This patrimonial home located close to the border of Montreal North & Ahuntsic is well located, well managed and very interesting for the right type of investor.
With current rental income of $72,000 per year, this property has been rented to the same establishment for the last 10+ years and will continue to be with its 5 year lease (+5 Year Option) making this property a true low maintenance and hassle free investment. The current tenant manages all small/interior maintenance and the owner is responsible for structure/shell/exterior works.
Looking for something more? - This property is also accredited by many different health and well being institutions making it easy for the next owner to keep the property rented for the next 5-10 years and also plan for their own future project such as rehabilitation centre, home for women/children etc. (all zoning to be verified by the purchasers).
At 15x the revenue, this property makes for a truly interesting opportunity for those looking to invest into a great building, location and establishment!
Nearby School & Daycares:
-2 Elementary School Within 5km (Saint-Colette & Jean Nicolet)
-2 High schools Within 5km (Lester B. Pearson & Henri Bourassa)
-4 Daycares Within 5km Radius
-Cegep Marie-Vic
Nearby Services & Commodities
-3 Parks Within 5km
-Several Restaurants & Bars Within 10min
-5 Min Drive CLSC
-Marie Vic Sports Complex & Gym
-Highway 25/440/Pie-Ix Nearby
-Nearby All main Arteries
-Steps from Public Transport leading directly to metro
-ATM Train Station (Gare MTL NORD)
-Tigre Geant, KFC, Tim Hortons, Chac. Noel, Cafe's, Notaries, Banks, Bike Path & More
Tired of flipping through listings looking for a profitable revenue property? Finally an opportunity for veteran investors to dig their fingers into! This patrimonial home located close to the border of Montreal North & Ahuntsic is well located, well managed and very interesting for the right type of investor.
With current rental income of $72,000 per year, this property has been rented to the same establishment for the last 10+ years and will continue to be with its 5 year lease (+5 Year Option) making this property a true low maintenance and hassle free investment. The current tenant manages all small/interior maintenance and the owner is responsible for structure/shell/exterior works.
Looking for something more? - This property is also accredited by many different health and well being institutions making it easy for the next owner to keep the property rented for the next 5-10 years and also plan for their own future project such as rehabilitation centre, home for women/children etc. (all zoning to be verified by the purchasers).
At 15x the revenue, this property makes for a truly interesting opportunity for those looking to invest into a great building, location and establishment!
Nearby School & Daycares:
-2 Elementary School Within 5km (Saint-Colette & Jean Nicolet)
-2 High schools Within 5km (Lester B. Pearson & Henri Bourassa)
-4 Daycares Within 5km Radius
-Cegep Marie-Vic
Nearby Services & Commodities
-3 Parks Within 5km
-Several Restaurants & Bars Within 10min
-5 Min Drive CLSC
-Marie Vic Sports Complex & Gym
-Highway 25/440/Pie-Ix Nearby
-Nearby All main Arteries
-Steps from Public Transport leading directly to metro
-ATM Train Station (Gare MTL NORD)
-Tigre Geant, KFC, Tim Hortons, Chac. Noel, Cafe's, Notaries, Banks, Bike Path & More
Building details and property interior
Dimensions
30' 3" X 41' 2" irr.
Year constructed
1925
Windows
Aluminum, Wood
Window Type
Casement, Sliding
Siding
Brick
Roofing
Asphalt shingles
Dividing Floor
Wood
Garage
Built-in, Heated, Single width
Bathroom
Separate shower
Basement
6 feet and more, Finished basement
Lot and exterior features
Lot size
70' 1" X 109' 3" irr.
Lot area
5,196.81 ft²
Topography
Sloped, Flat
View
View of the water
Distinctive Features
Street corner
Driveway
Asphalt
Parking (total)
Garage (1), Driveway (3)
Proximity
Bicycle path, Elementary school, High school, Commuter train, Public transportation, Daycare centre, CEGEP, Golf, Highway, Park
Characteristics
Heating System
Hot water, Electric baseboard units
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2024)
- Lot assessment
- $ 217,300
- Building assessment
- $ 368,600
- Total
- $ 585,900
Taxes
- Municipal (2024)
- $ 4,247
- School (2024)
- $ 447
- Total
- $ 4,694
Gross annual revenues (potential)
- Residential
- $ 72,000
- Total
- $ 72,000
Inclusions and exclusions
Inclusions
As per lease
Exclusions
As per lease
Mortgage payment calculator
$
$
$
%