Discover this 6-unit income property, strategically located on Blvd. de l'Acadie, just steps from Town of Mount Royal, Marché Central, and Highway 40! Of the 6 units: 2 are vacant, 1 is owner-occupied, and 3 are rented--offering excellent optimization potential. Recent upgrades include brickwork, roof, and balconies. Rare for the area: 2 indoor parking spaces (included in two leases). A solid investment in a sought-after and proven location, combining accessibility with long-term value.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Features: - 3-storey building with 6 units (2 per floor) of similar layout (see Apt. 2 floor plan and photos) - 2 units available for renovation and optimization - 1 unit occupied by the seller (*note: the seller wishes to remain until another property is secured) - 3 rented units (see Annex LD-6152 for rental details) - Each apartment has 2 balconies (front and back) - Each apartment includes a storage space in the basement
Renovations & Exterior Work: - 2019: white membrane roof - 2019: replacement of brick bands at the front of the building above the 3rd-floor windows - 2019: installation of two aluminum and fiberglass awnings above the 3rd-floor balconies - 2021: new aluminum entrance door and glazing - Apt. #3: kitchen sink and countertops replaced 3--4 years ago
Prime Location: - Quick access to public transit and metro - Walking distance to Marché Central - Easy access to Highway 40 - Numerous nearby parks and green spaces - Abundance of shops, services, restaurants, and cafés
Additional Information: * Certificate of Location 2025 * Subject to verification with the City, a 7th unit (4 ½) could be developed in the basement * Heating already separate and electric * Visits only following an accepted offer * Apartment #1 has been occupied by the seller's daughter for many years. The seller, who also resides there with her, wishes to give preference to a promise to purchase that provides for her daughter, Ms. Natalie Leszkiewicz, to continue occupying apartment #1 free of charge for a period of up to one year, in order to allow her sufficient time to find new housing.
Expense and revenu information: * 6 hot water tanks rented at the owner's expense: $1,216.83/year * Insurance premium 2024: 2227,07$ * Common area lighting 216,83$ * All apartments equipped with washer connections; no dryer outlets. A shared pay-per-use dryer in the basement generates approx. $100--200/year in revenue
***************************** DECLARATIONS *Floor plans and dimensions are approximate and created by the photographer for informational purposes only. *All offers must be accompanied by mortgage pre-approval or proof of funds. *****************************
This does not constitute an offer or promise to sell that could bind the seller to the buyer, but an invitation to submit promises to purchase.
Building details and property interior
Dimensions
50' X 35' irr.
Year constructed
1957
Roofing
Elastomeric membrane
Garage
Built-in
Basement
6 feet and more, Outdoor entrance
Renovations
Roof covering (2019)
Lot and exterior features
Lot size
50' X 65' 11" irr.
Lot area
306.60 m²
Driveway
Asphalt
Parking (total)
Garage (2), Driveway (2)
Proximity
Daycare centre, Hospital, Metro, Park, Bicycle path, Elementary school, High school, Public transportation, Highway, CEGEP