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$2,700,000
New
ULS: 12286868

8-15-Plex for sale
7245 Rue Birnam, Montréal (Villeray/Saint-Michel/Parc-Extension) (Parc-Extension)

EXCEPTIONAL multi-family residential building in PARC-EXTENSION offering an excellent opportunity for investors seeking to expand their portfolio in a well-established rental market. Strategically located near an abundance of essential services; Public transportation, metro station, grocery stores, restaurants, pharmacies, clinics, public schools, University (UDEM-MIL) campus, parc JARRY (stade IGA), MARCHE CENTRAL and ROCKLAND shopping centres and more. Easy access to major highways 15 and 40. The proximity to amenities, accessibility and great revenue potentiel make this property a desirable asset and an investment opportunity. Do not miss!
Sale with exclusion(s) of legal warranty - See listing broker(s)
Living area 6,587 ft²

Property features

2 Bedrooms
1 Bathroom

TASFIQUE KHAN

Residential and Commercial Real Estate Broker

RE/MAX ACTION INC.

**EXCEPTIONAL 10-UNIT MULTIFAMILY INVESTMENT OPPORTUNITY IN PARC-EXTENSION**

In a highly sought-after and vibrant neighbourhood of Parc-Extension. This income-producing property represents an excellent addition to any investment portfolio, offering investors the opportunity to capitalize on a well-established rental market in one of Montréal's most strategically located neighbourhoods. Parc-Extension is renowned for its strong rental demand, diverse community, convenient urban lifestyle and excellent accessibility to both essential and public services. The property's strategic location makes it particularly attractive to investors seeking a long-term, income-generating asset in a neighbourhood with enduring rental appeal.

Tenants benefit from exceptional proximity to public transportation, metro stations, schools, daycares, grocery stores, pharmacies, restaurants, and numerous everyday amenities. The property is conveniently located near major commercial and institutional destinations and convenient access to major transportation arteries, including Highways 15 and 40, providing efficient connections throughout Montréal and surrounding areas. Its proximity to all the services further enhances the property's appeal to prospective tenants seeking convenience and accessibility.

Whether you are an experienced investor looking to expand your portfolio or an investor seeking a strategic entry into Montreal's multifamily real estate market, this property deserves your attention. Don't miss the opportunity to secure a valuable income-producing asset in one of Montréal's most accessible and dynamic neighbourhood!

Key attributes:
- Solid building, poured concrete, brick covering all around and elastomer membrane roof.
- Mostly large apartments | 7 x 4.5 (2 closed bedrooms), 3 x 3.5 (1 closed bedroom)
- All apartments have desirable plans and layouts
- Long-term, well paying and stable tenants
- Lots of renovations over the years; apartments, roof (with warranty), windows, furnace etc.
- Garage and parking spaces (highly sought-after in a densely populated neighbourhood)
- Great potentiel for further revenue optimization
- Prime location with everyday amenities within walking distance
- Many public establishments, transportation and metro stations within close proximity
Dimensions 60' 9" X 36' 1"
Year constructed 1961
Living area 6,587 ft²
Windows Aluminum
Window Type Sliding
Siding Brick
Roofing Elastomeric membrane
Dividing Floor Wood
Garage Built-in, Double width or more, Heated
Washer/Dryer (installation) Laundry room (SS)
Basement Outdoor entrance, Finished basement, 6 feet and more
Lot size 60' 9" X 64' 9"
Lot area 3,965 ft²
Topography Flat
Driveway Double width or more, Asphalt
Parking (total) Garage (4), Driveway (2)
Proximity Hospital, Metro, Park, Bicycle path, Elementary school, High school, Commuter train, Public transportation, University, CEGEP, Highway, Daycare centre
Heating System Hot water
Heating Energy Natural gas
Property or unit amenity Fire detector (O)
Water Supply Municipality
Sewage System Municipality
Environmental Study Phase 1 (2026, 11)
Occupancy Double, Single, Triple

Financial details

Municipal assessment (2024)

Lot assessment
$ 589,400
Building assessment
$ 946,200
Total
$ 1,535,600

Taxes

Municipal (2026)
$ 9,461
School (2026)
$ 1,114
Total
$ 10,575

Annual expenses

Insurance
$ 7,383
Total
$ 7,383

Energy expenses

Electricity
$ 540
Gas
$ 6,936
Total
$ 7,476

Gross annual revenues (potential)

Residential
$ 151,260
Parking
$ 9,600
Other
$ 4,644
Total
$ 165,504

Inclusions

As per leases

Exclusions

All of tenant's personal belongings, furnitures and appliances.

Desjardins

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