$1,475,000
ULS: 17974476
8-15-Plex
for sale
8525 Av. Champagneur, Montréal (Villeray/Saint-Michel/Parc-Extension) (Parc-Extension)
-PRICED for a 30 day signing deed of sale .VISITS of 4 of 8 apts ONLY after the PROMISE TO PURCHASE Is ACCEPTED,SEE Photos of 5 selected units,show the excellent condition of the property.The SELLER requires a deposit of a $50,000 BANK DRAFT, which is part of the pruchase price TO:REMAX ALLIANCE INC IN TRUST,within 72 hours of receiving a mortgage approval .Well-Maintained 8-Unit Investment Property Owned by the same family since 1987,building well cared for & upgraded over the years, offers excellent long-term value:Annual revenues are financially sound-Opportunity to increase income:2 tenants have outgrown their apartments & likely to move.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Property features
1
Bedroom
1
Bathroom
Addendum
INSTRUCTIONS to the buyers, requested by the SELLER:
1- The PRICE of $1,475,000 was CHOSEN for a sale To be Notarizied within 30 DAYS from the date of acceptance of the promise to purchase
2-Due to the numerous requests for visits , 4 of 8 apartments WILL BE ALLOWED following an accepted promise to purchase by SELLER.
You will find the pictures of 5 of the 8 apartments in the Centris Pictures listing.
3- ALLOW 72 HOURS to response to your promise to
purchase
4-The SELLER REQUIRES that The promise to purchase is accompanied by a MORTGAGE Loan PRE-Approval letter
3- The vendeur is requests that the BUYER makes a DEPOSIT by BANK DRAFT of $50,000 which is part of the purchase price, in the 72 hours following THE RECEPTION OF THE FINAL LOAN APPROVAL LETTER BY THE BUYER -the Bank Draft of $50,000 must be remitted to REMAX ALLIANCE Inc IN TRUST.
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Additional 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
.
Building details and property interior
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 and exterior features
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
Characteristics
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 (2026)
- $ 6,935
- School (2026)
- $ 833
- Total
- $ 7,768
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 and exclusions
Inclusions
fixtures and 8 water tanks
Exclusions
tenants belongings
Mortgage payment calculator
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