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$1,249,000
New
ULS: 23315870

5-6-7-Plex for sale
497 - 507 1re Avenue, Montréal (Verdun/Île-des-Soeurs) (Verdun)

Living area 4,435 ft²

Property features

2 Bedrooms
1 Bathroom
This property boasts a prime location just steps from the metro station, demonstrating high rental demand and excellent resilience.

Property Condition: Meticulously managed and maintained by the owner over the years, the building is in pristine condition. From its well-preserved exterior to its optimal interior structure and systems.

Configuration & Tenants: The property consists of 6 residential units (4 x 4½ units and 2 x 3½ units) with high-quality, stable tenants, ensuring consistent and reliable rental income.

Core Value: The rare combination of prime transit access and high-standard owner maintenance creates an unmatched competitive advantage for this investment.

This property is an outstanding choice for investors seeking to optimize their portfolios and secure long-term, stable cash flow.


Dimensions 35' X 42' irr.
Year constructed 1913
Living area 4,435 ft²
Lot size 35' X 110' irr.
Lot area 3,859 ft²
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2026)

Lot assessment
$ 519,800
Building assessment
$ 777,100
Total
$ 1,296,900

Taxes

Municipal (2026)
$ 8,139
School (2025)
$ 1,000
Total
$ 9,139

Annual expenses

Insurance
$ 3,803
Total
$ 3,803

Gross annual revenues (potential)

Residential
$ 61,980
Total
$ 61,980

Inclusions

According to the lease. The washer and dryer in unit 507 belong to the tenant.

Exclusions

Tenant's personal effects.

Desjardins

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