Photo Main Photo of the property
$1,595,000
ULS: 27621502

5-6-7-Plex for sale - Montréal (Saint-Léonard)

8810 - 8816 Rue d'Arras, Montréal (Saint-Léonard)
Discover this exceptional 5 Plex, strategically located on a street corner, investment of more than $600,000 in renovations after a fire in July 2021, its left side has been mostly rebuilt and covered by insurance (see all documents online for details). This rare and coveted property includes three units of size 4.5 and two units of size 5.5, in addition to a garage and outdoor parking. Its location is ideal, close to all amenities, making it perfect for an owner-occupier, with the ground floor immediately available. Good annual income. Do not miss this unique opportunity!
Sale without legal warranty of quality, at the buyer's risk and peril.

Property features

3 Bedrooms
2 Bathrooms
1 Powder room

MARIO CONTE

Real Estate Broker

RE/MAX ALLIANCE INC.

Discover this exceptional 5 Plex, perfectly positioned on a sought-after street corner, having benefited from substantial renovations amounting to over $600,000. Partially rebuilt following a fire in July 2021, its left section now boasts an ultra-modern design, validated by insurance, with complete information available online. The building houses three 4.5-type apartments and two 5.5-type apartments, enhanced with a double garage and outdoor parking.

Located in an area offering a multitude of services, this property is a prime choice for an owner wishing to reside on-site, especially with a ground floor ready for occupancy. The main unit, elegantly modernized, enjoys a private courtyard and ensures attractive rental profitability.

In addition to its strategic location near schools, parks, public transport, and more, this property promises a comfortable and convenient life. With its advantageous rental potential and proximity to essential services such as daycares, educational institutions, supermarkets, restaurants, and various activities, it is an opportunity to seize immediately for a wise family investment.

Some of the renos done following the fire in July 2021

-Roof
-Brick wall on left side
-The 3 apts on the left side have been completely renovated including a good portion of the plumbing and electricity (as per owners )
-`'French Drain ' system
- Also as a preventive measure the foundations were stabilized as well .

Rare TURN KEY product . Do NOT MISS !

Year constructed 1973
Siding Brick
Roofing Elastomeric membrane
Garage Single width, Heated
Basement 6 feet and more, Outdoor entrance, Finished basement
Lot area 521.70 m²
Driveway Asphalt
Parking (total) Garage (1), Driveway (1)
Proximity Daycare centre, Hospital, Park, Elementary school, High school, Public transportation, Highway, CEGEP

Unit 1 (Monthly residential revenue)

Living room
Level: 1st level/Ground floor
Dimensions: 11'0" X 17'6"
Flooring: Wood
Details:
Bedroom
Level: 1st level/Ground floor
Dimensions: 10'0" X 12'10"
Flooring: Wood
Details:
Bathroom
Level: 1st level/Ground floor
Dimensions: 8'5" X 7'4" irr.
Flooring: Ceramic
Details: Incl Washer Dryer hookup
Primary bedroom
Level: 1st level/Ground floor
Dimensions: 16'0" X 11'0"
Flooring: Wood
Details: + walk In and Powder Room
Kitchen
Level: 1st level/Ground floor
Dimensions: 10'8" X 18'6"
Flooring: Ceramic
Details:
Playroom
Level: Basement 1
Dimensions: 22'7" X 18'10"
Flooring: Ceramic
Details: Patio Door
Bathroom
Level: Basement 1
Dimensions: 11'0" X 6'4" irr.
Flooring: Ceramic
Details: With Shower
Kitchen
Level: Basement 1
Dimensions: 14'3" X 12'0" irr.
Flooring: Ceramic
Details:
Cellar/Cold room
Level: Basement 1
Dimensions: 8'0" X 10'0" irr.
Flooring: Concrete
Details: Hot Water Tanks

Unit 2 (Monthly residential revenue)

Rooms not detailed

Unit 3 (Monthly residential revenue)

Rooms not detailed

Unit 4 (Monthly residential revenue)

Rooms not detailed

Unit 5 (Monthly residential revenue)

Rooms not detailed
Heating System Electric baseboard units
Heating Energy Electricity
Rented Equipment (monthly) Water heater (5, 80)
Water Supply Municipality
Sewage System Municipality
Occupancy Single

Financial details

Municipal assessment (2023)

Lot assessment
$ 412,100
Building assessment
$ 761,900
Total
$ 1,174,000

Taxes

Municipal (2024)
$ 8,032
School (2024)
$ 973
Total
$ 9,005

Energy expenses

Electricity
$ 1,702
Total
$ 1,702

Gross annual revenues (potential)

Residential
$ 78,840
Total
$ 78,840

Inclusions

All curtains and rods, all electric fixtures

Exclusions

Rented thermopump

Desjardins

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