Excellent investment opportunity in Rosemont! Income property featuring 8 residential units, all configured as 3 ½ apartments. Offered at an affordable price, thanks in part to its low operating expenses, allowing the owner to maximize net income and increase annual profitability. An attractive opportunity for investors seeking a revenue-generating property. A new certificate of location is currently in progress.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Excellent investment opportunity in Rosemont! Located at 6679 De Lorimier Avenue, this income property features 8 residential units, all configured as 3 ½ apartments, offering an attractive opportunity for investors seeking an affordable income-generating property. One of its main advantages is its low operating expenses, allowing the owner to retain a greater portion of the rental income and maximize annual profitability.
Ideally situated in a sought-after Montreal neighbourhood, the property benefits from close proximity to a wide range of services and amenities, including local shops, grocery stores, pharmacies, restaurants, cafés, schools and parks. The area also offers convenient access to public transportation, including several bus routes and nearby metro stations, making it easy to travel throughout the city. Nearby green spaces and everyday conveniences further contribute to the appeal of the neighbourhood for tenants.
An excellent opportunity to acquire an 8-unit income property in an established Montreal neighbourhood, with low operating expenses that contribute to its overall investment potential. A new certificate of location is currently in progress.
Building details and property interior
Dimensions
54' 4" X 25'
Year constructed
1962
Living area
4,049 ft²
Siding
Brick
Roofing
Asphalt and gravel
Lot and exterior features
Lot size
25' X 112'
Lot area
2,800 ft²
Driveway
Asphalt
Parking (total)
Driveway (2)
Proximity
CEGEP, Daycare centre, Hospital, Metro, Park, Bicycle path, Elementary school, High school, Public transportation, University, Highway
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2024)
Lot assessment
$ 468,200
Building assessment
$ 676,500
Total
$ 1,144,700
Taxes
Municipal
(2026)
$ 7,172
School
(2026)
$ 840
Total
$ 8,012
Annual expenses
Insurance
$ 3,841
Superintendent
$ 670
Snow removal
$ 145
Total
$ 4,656
Energy expenses
Other
$ 1,800
Total
$ 1,800
Gross annual revenues (potential)
Residential
$ 83,100
Total
$ 83,100
Inclusions and exclusions
Exclusions
Tenants' personal belongings.
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.