$2,100,000
ULS: 28499977
8-15-Plex
for sale
748 Rue Galt, Montréal (Verdun/Île-des-Soeurs) (Verdun)
(724,732,740,748 Galt)Four income-producing buildings totaling 32 doors, consisting of 31 two-bedroom units and 1 one-bedroom unit, being sold together as a portfolio for an asking price of $8.4 million.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Addendum
Investment Opportunity -- Multi-Building Portfolio
A rare opportunity to acquire a portfolio of income properties, representing a substantial block of rental units. These buildings(724,732,740 & 748 Galt) are being sold together as one package, creating a unique chance to secure a large-scale, income-producing investment in a single transaction.
Unit Mix: Three of the buildings consist entirely of two-bedroom apartments, while the remaining building includes seven two-bedroom units and one one-bedroom unit.
Tenant-Paid Utilities: Heating and electricity are paid by tenants, keeping operating expenses low and maximizing net revenues.
Rental Potential: Market rents for two-bedroom apartments in the area range between $1,300 and $1,500 per month, while the one-bedroom unit has proportionally strong demand.
Projected Revenues: With 31 two-bedroom units and 1 one-bedroom unit, the projected annual gross rental income is approximately:
$496,800 at $1,300/month for 2-bedrooms
$573,600 at $1,500/month for 2-bedrooms
Plus additional revenue from the 1-bedroom unit.
Prime Location: Ideally located in a high-demand sector close to public transit, shops, services, and green spaces, ensuring stable occupancy and long-term appreciation.
Scalable Investment: With multiple properties sold together, investors benefit from scale, efficiency, and excellent income security.
This portfolio sale offers a rare opportunity for serious investors to acquire a solid, scalable, and revenue-driven real estate asset in one of Montreal's most dynamic rental markets.
A rare opportunity to acquire a portfolio of income properties, representing a substantial block of rental units. These buildings(724,732,740 & 748 Galt) are being sold together as one package, creating a unique chance to secure a large-scale, income-producing investment in a single transaction.
Unit Mix: Three of the buildings consist entirely of two-bedroom apartments, while the remaining building includes seven two-bedroom units and one one-bedroom unit.
Tenant-Paid Utilities: Heating and electricity are paid by tenants, keeping operating expenses low and maximizing net revenues.
Rental Potential: Market rents for two-bedroom apartments in the area range between $1,300 and $1,500 per month, while the one-bedroom unit has proportionally strong demand.
Projected Revenues: With 31 two-bedroom units and 1 one-bedroom unit, the projected annual gross rental income is approximately:
$496,800 at $1,300/month for 2-bedrooms
$573,600 at $1,500/month for 2-bedrooms
Plus additional revenue from the 1-bedroom unit.
Prime Location: Ideally located in a high-demand sector close to public transit, shops, services, and green spaces, ensuring stable occupancy and long-term appreciation.
Scalable Investment: With multiple properties sold together, investors benefit from scale, efficiency, and excellent income security.
This portfolio sale offers a rare opportunity for serious investors to acquire a solid, scalable, and revenue-driven real estate asset in one of Montreal's most dynamic rental markets.
Building details and property interior
Year constructed
1959
Characteristics
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2025)
- Lot assessment
- $ 454,100
- Building assessment
- $ 1,163,600
- Total
- $ 1,617,700
Taxes
- Municipal (2024)
- $ 9,439
- School (2025)
- $ 1,253
- Total
- $ 10,692
Annual expenses
- Insurance
- $ 5,250
- Total
- $ 5,250
Gross annual revenues (potential)
- Residential
- $ 99,900
- Total
- $ 99,900
Inclusions and exclusions
Inclusions
All Hot water Tanks,All Refrigerators,All Stoves
Mortgage payment calculator
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