$1,025,000
ULS: 18111424
5-6-7-Plex
for sale
491 Boul. Neptune, Dorval (South West)
I present an excellent investment opportunity with this well-maintained property, comprising 6 units spread over a large lot. Four of the units have been completely renovated, offering modern comfort and increased tenant appeal. (see addenda)
Sale with exclusion(s) of legal warranty - See listing broker(s)
Property features
2
Bedrooms
1
Bathroom
STEPHANE GARAND
Real Estate Broker
Addendum
Residential Property in Dorval - Investment with High Potential
I present an excellent investment opportunity with this well-maintained property, comprising 6 units spread over a large lot. Four of the units have been completely renovated, offering modern comfort and increased tenant appeal.
Key Features:
* 6 parking spaces available for residents
* Convenient laundry room in the basement for easy access
* Large lot
* Potential for significant income growth, as current rents are below market value
* Well-maintained units ready to generate stable income
This property offers immediate profitability while allowing for income optimization through rent adjustments. An ideal opportunity for investors seeking attractive long-term returns.
Visit upon acceptance of an offer to purchase. Offer open until Monday, October 27th.
I present an excellent investment opportunity with this well-maintained property, comprising 6 units spread over a large lot. Four of the units have been completely renovated, offering modern comfort and increased tenant appeal.
Key Features:
* 6 parking spaces available for residents
* Convenient laundry room in the basement for easy access
* Large lot
* Potential for significant income growth, as current rents are below market value
* Well-maintained units ready to generate stable income
This property offers immediate profitability while allowing for income optimization through rent adjustments. An ideal opportunity for investors seeking attractive long-term returns.
Visit upon acceptance of an offer to purchase. Offer open until Monday, October 27th.
Building details and property interior
Dimensions
30' 1" X 48'
Year constructed
1956
Siding
Brick
Roofing
Asphalt and gravel
Basement
6 feet and more, Finished basement
Lot and exterior features
Lot size
50' X 125' 6"
Lot area
583.30 m²
Driveway
Asphalt
Parking (total)
Driveway (6)
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2023)
- Lot assessment
- $ 323,700
- Building assessment
- $ 620,000
- Total
- $ 943,700
Taxes
- Municipal (2025)
- $ 4,119
- School (2025)
- $ 774
- Total
- $ 4,893
Annual expenses
- Insurance
- $ 2,130
- Snow removal
- $ 1,932
- Total
- $ 4,062
Energy expenses
- Electricity
- $ 500
- Total
- $ 500
Gross annual revenues (potential)
- Residential
- $ 51,384
- Total
- $ 51,384
Inclusions and exclusions
Inclusions
Washer and dryer from Laundry room. 5 fridges and stoves. 6 hot water tanks.
Mortgage payment calculator
$
$
$
%