$1,450,000
ULS: 14742611
8-15-Plex
for sale
8515 Av. Champagneur, Montréal (Villeray/Saint-Michel/Parc-Extension) (Parc-Extension)
Sale with exclusion(s) of legal warranty - See listing broker(s)
Property features
1
Bedroom
1
Bathroom
Addendum
8-Plex in Park Extension, Montreal-- Opportunity to acquire a well-located income property featuring 7 x 4.5 units and 1 x 3.5 units. Fully rented and generating annual revenue of 77 460$. Tenants pay for their own energy cost. Ideally situated near Autoroutes 40 and 15, with quick access to downtown Montreal, Université de Montréal, Rockland Shopping Centre, Métro Beaumont, public transit, and all services.
Owned by the same family for many years, this property reflects long-term stability. While fully occupied, the building offers excellent optimization potential, as updates would allow a future owner to increase value and returns. Previous soil contamination has been professionally remediated (report available). Seller's declaration is completed and available.
Please note: The property assessment indicated is based on the new 2026-2028 three-year role of the city of Montreal.
The total hydro charge for the common areas is $220.78, covering the billing period from August 14, 2024, to August 13, 2025.
Owned by the same family for many years, this property reflects long-term stability. While fully occupied, the building offers excellent optimization potential, as updates would allow a future owner to increase value and returns. Previous soil contamination has been professionally remediated (report available). Seller's declaration is completed and available.
Please note: The property assessment indicated is based on the new 2026-2028 three-year role of the city of Montreal.
The total hydro charge for the common areas is $220.78, covering the billing period from August 14, 2024, to August 13, 2025.
Building details and property interior
Dimensions
39' 11" X 76'
Year constructed
1960
Roofing
Asphalt and gravel
Lot and exterior features
Lot area
280.60 m²
Proximity
Highway, Daycare centre, Metro, Elementary school, High school, Public transportation
Characteristics
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2028)
- Lot assessment
- $ 449,000
- Building assessment
- $ 646,100
- Total
- $ 1,095,100
Taxes
- Municipal (2025)
- $ 6,488
- School (2025)
- $ 810
- Total
- $ 7,298
Annual expenses
- Insurance
- $ 5,184
- Total
- $ 5,184
Energy expenses
- Electricity
- $ 220
- Total
- $ 220
Gross annual revenues (potential)
- Residential
- $ 77,460
- Total
- $ 77,460
Inclusions and exclusions
Inclusions
All heating equipment, 8 hot water reservoirs
Exclusions
Tenants belongings
Mortgage payment calculator
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