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$2,299,000
ULS: 20291484

5-6-7-Plex for sale
559 - 567 Rue Nicolet, Montréal (Mercier/Hochelaga-Maisonneuve) (Hochelaga-Maisonneuve)

Don't miss out on this investment opportunity! Five-unit building offering excellent income potential. Located in a vibrant and sought-after area, just steps from Promenade Ontario, Place Valois, and Sainte-Catherine Street East, with easy access to a wide range of shops, restaurants, and services. Within walking distance of several parks, schools, and Joliette metro station. The property includes four 2-bedroom apartments, one of which features a rooftop terrace, as well as a spacious 5-bedroom unit occupying the ground floor and basement, with direct access to the backyard. A garage is also located at the rear, accessible via the alley.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Living area 5,541 ft²

Property features

6 Bedrooms
2 Bathrooms
Please note that the stated rents represent the amounts accepted by the tenants for the upcoming lease renewals.

Property Features:
Five-unit building with multiple terraces, a fenced yard, and a garage accessible via the alley
Strong rental income
4 x 2-bedroom units (4 ½)
1 large 5-bedroom unit (11 ½) occupying the ground floor and basement


The selection of the inspector must be approved by all parties.

The present sale is made without any legal warranty of quality from the seller, at the buyer's risk.
Dimensions 32' X 64' irr.
Year constructed 1929
Living area 5,541 ft²
Roofing EPDM 2010
Washer/Dryer (installation) In each unit (AU)
Basement 6 feet and more, Finished basement
Lot size 32' X 100'
Lot area 3,204 ft²
Parking (total) Garage (1)
Proximity Metro, Park, Bicycle path, Daycare centre, High school, Public transportation, Elementary school

Unit 1 (Monthly residential revenue)

Rooms not detailed

Unit 2 (Monthly residential revenue)

Kitchen
Level: 2nd level
Dimensions: 8'10" X 10'11"
Flooring: Laminate floor
Details:
Living room
Level: 2nd level
Dimensions: 11'6" X 10'5"
Flooring: Wood
Details:
Bedroom
Level: 2nd level
Dimensions: 10' X 12'1"
Flooring: Wood
Details:
Bedroom
Level: 2nd level
Dimensions: 11'6" X 9'6"
Flooring: Wood
Details:
Office
Level: 2nd level
Dimensions: 11'6" X 9'6"
Flooring: Wood
Details:
Bathroom
Level: 2nd level
Dimensions: 4'9" X 5'5"
Flooring: Ceramic
Details:

Unit 3 (Monthly residential revenue)

Rooms not detailed

Unit 4 (Monthly residential revenue)

Rooms not detailed

Unit 5 (Monthly residential revenue)

Rooms not detailed
Heating System Electric baseboard units
Heating Energy Electricity
Water Supply Municipality
Sewage System Municipality
Occupancy Single

Financial details

Municipal assessment (2026)

Lot assessment
$ 401,900
Building assessment
$ 1,095,100
Total
$ 1,497,000

Taxes

Municipal (2025)
$ 7,609
School (2025)
$ 929
Total
$ 8,538

Gross annual revenues (potential)

Residential
$ 122,712
Total
$ 122,712

Inclusions

According to leases.

Exclusions

Tenant's furniture and personal effects.

Desjardins

Mortgage payment calculator

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