Photo Main Photo of the property
$1,475,000
New
ULS: 17974476

8-15-Plex for sale
8525 Av. Champagneur, Montréal (Villeray/Saint-Michel/Parc-Extension) (Parc-Extension)

**THE SELLER HAS NOT YET RECEIVED THE MUNICIPAL TAXES FOR 2026 Well-Maintained 8-Unit Investment Property Owned by the same family since 1987, this building has been meticulously cared for and upgraded over the years, offering peace of mind and excellent long-term value. Financial & Investment Notes: -Annual revenues are financially sound -Opportunity to increase income: 2 tenants have outgrown their apartments and are likely to move as soon as they find larger, more convenient spaces SEE INCLUDED Photos of select units (2, 4, 6, 7, 8) showcase the excellent condition of the property, maintained to the highest standards
Sale with exclusion(s) of legal warranty - See listing broker(s)

Property features

1 Bedroom
1 Bathroom
**THE SELLER HAS NOT YET RECEIVED THE MUNICIPAL TAXES FOR 2026

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INSTRUCTIONS TO THE BUYERS AS REQUESTED BY THE SELLER

1-DUE TO THE NUMEROUS REQUESTS TO VISIT AND TO RESPECT THE TENANTS LIVES AND PRIVACY, NO VISITS WILL BE ALLOWED BEFORE THERE IS AN ACCEPTED PROMISE TO PURCHASE TO PURCHASE FROM THE BUYER. You will find the pictures of 5 of the 8 apartments in the Centris Pictures listing.

2-The promise to purchase must be accompanied by a mortgage loan pré-approval letter.

3- The vendeur is requesting THAT THE BUYER deposits a bank draft of $50,000 in the 72 hours following the completion of all conditions SPECIFIED IN THE BUYER'S ACCEPTED PROMISE TO PURCHASE-the Bank Draft of $50,000 must be remitted to Remax Alliance Inc IN TRUST and must be indicated in clause 4.3 of the Promise to purchase when it is presented for acceptance

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INFORMATION ON THIS 8 PLEX PROPERTY:


Well-Maintained 8-Unit Investment Property

Owned by the same family since 1987, this building has been meticulously cared for and upgraded over the years, offering peace of mind and excellent long-term value.

Financial & Investment Notes:
-Annual revenues are financially sound
-Opportunity to increase income: 2 tenants have outgrown their apartments and are likely to move as soon as they find larger, more convenient spaces

Photos of select units (2, 4, 6, 7, 8) showcase the excellent condition of the property, maintained to the highest standards.

Highlights & Upgrades:

7 of 8 units have been renovated: updated kitchen & bathroom floors, toilets, vanities, and well-maintained cabinets


Windows replaced in 1991; 14 aluminum doors upgraded in 2016


Balconies and railings upgraded in 1999 (fiberglass & galvanized steel)


Roof replaced in 2009; inspected in 2025 with 5--8 years of remaining life


Brick repointing performed for long-term durability

Environmental Tests:


Phase I & II environmental assessments completed in 2025 by Multitest; all results fully compliant



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Dimensions 40' 1" X 41'
Year constructed 1960
Roofing Asphalt and gravel
Washer/Dryer (installation) in the kitchens of the apartments (AU)
Renovations Roof covering (2009)
Lot size 40' 1" X 76'
Lot area 284.30 m²
Proximity Highway, CEGEP, Daycare centre, Hospital, Metro, Park, Elementary school, High school, Public transportation, University
Heating System Hot water
Heating Energy Natural gas
Property or unit amenity wiring for surveillance camera at the enterance
Water Supply Municipality
Sewage System Municipality
Environmental Study Phase 1 (2025, 11), Phase 2 (2025, 11)

Financial details

Municipal assessment (2026)

Lot assessment
$ 454,900
Building assessment
$ 670,800
Total
$ 1,125,700

Taxes

Municipal (2025)
$ 6,668
School (2026)
$ 833
Total
$ 7,501

Annual expenses

Insurance
$ 4,911
Total
$ 4,911

Energy expenses

Electricity
$ 315
Gas
$ 6,285
Total
$ 6,600

Gross annual revenues (potential)

Residential
$ 84,960
Total
$ 84,960

Inclusions

fixtures and 8 water tanks

Exclusions

tenants belongings

Desjardins

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