Excellent investment opportunity! This quadruplex offers annual rental income of $59,520 and consists of two 4½ units, one 3½ unit, and a loft, in addition to a garage that is also rented. An attractive configuration for both investors and owner-occupants looking to benefit from rental income. The property also enjoys a sought-after location near the shores of the St. Lawrence River, green spaces, and a variety of services, with easy access to Highway 40.
Located on a street corner, the property consists of four units configured as follows:
* Ground floor: 4½ with balcony (11704)
This unit stands out for its generous dimensions and spacious living areas. It features a large living room as well as a sizeable and functional kitchen offering plenty of storage, a central island and a dining area.
* 2nd floor: 4½ with balcony (11706)
This unit also includes 2 bedrooms and a kitchen with numerous wood cabinets, ample storage and a central island with a breakfast bar. The kitchen opens onto a good-sized dining area and provides access to the rear balcony. A practical laundry area is also integrated into the living space.
* Basement: 3½ (11704A)
* Basement: Loft (11704B)
* Detached garage, currently rented.
The property has two separate civic addresses, two hot water tanks and two electrical meters.
IMPROVEMENTS COMPLETED
* June 2022: Replacement of the asphalt and gravel roof, with a 10-year warranty. * March 2026: Replacement of the support post in the garage.
LOCATION AND TRANSPORTATION
* Located in a quiet and sought-after area of Pointe-aux-Trembles * Near Daniel-Johnson High School and its sports facilities, including a park, baseball fields, tennis courts and soccer fields * Within walking distance of Parc des Bouleaux and Saint-Marcel Elementary School * Approximately 5 minutes by car from the Parc du Fort-de-Pointe-aux-Trembles pier * Near Parc-nature de la Pointe-aux-Prairies * Close to Carrefour de la Pointe, offering grocery stores, pharmacies, Canadian Tire, Maxi, Super C and many other shops and services * Bus route 187 nearby * Easy access to Highways 40 and 25
With effective annual rental income of $59,520, this property represents an excellent investment opportunity with attractive income potential.
Building details and property interior
Year constructed
1957
Window Type
Casement
Roofing
Asphalt and gravel
Garage
Single width, Detached
Basement
Outdoor entrance, 6 feet and more, Finished basement
Lot and exterior features
Lot size
43' X 89'
Lot area
3,818 ft²
Water (access)
Other
Distinctive Features
Street corner
Driveway
Asphalt
Parking (total)
Garage (1)
Proximity
CEGEP, Daycare centre, Metro, Park, Bicycle path, Elementary school, High school, Public transportation, University, Highway