Amazing investment property located in a family friendly neighbourhood of Montreal composed of a large main residence (7 1/2), two (4 1/2) and a (3 1/2). Double-heated garage with two car driveway, a huge backyard on a 7000 sf. lot! All tenants pay their own utilities, fully electric, new roof, new floors, quartz countertop, wood cabinets. The property has been very well maintained and lots of quality renovations since purchase. Great location, walking distance to Honoré-Beaugrand station, public transport, elementary and high schools, daycare, grocery stores, easy access to Hwy 25 and 40 and so much more! Do not miss this one!
Amazing investment property located in a family friendly neighbourhood of Montreal composed of a large main residence (7 1/2), two (4 1/2) and a (3 1/2). Double-heated garage with two car driveway, a huge backyard on a 7000 sf. lot! All tenants pay their own utilities, fully electric, new roof, new floors, quartz countertop, wood cabinets. The property has been very well maintained and lots of quality renovations since purchase. Great location, walking distance to Honoré-Beaugrand station, public transport, elementary and high schools, daycare, grocery stores, easy access to Hwy 25 and 40 and so much more! Do not miss this one!
Notice: This is a great opportunity to own a large piece of land in the city as it is rare and it gives you the potentiel to increase the value of your investment. There are many large multi-residential properties in the area as well to be used as comparables. The size of the lot and street located in the back may allow additional construction opportunities to sub-divide and build another multiplex in the future with city permits (To be verified by the buyer).
Building details and property interior
Dimensions
40' X 38'
Year constructed
1968
Living area
3,070 ft²
Windows
Aluminum
Window Type
Sliding
Siding
Concrete, Stone, Brick
Roofing
Elastomeric membrane
Garage
Heated, Double width or more, Built-in
Kitchen Cabinets
Wood
Bathroom
Separate shower, Ensuite bathroom
Basement
6 feet and more, Outdoor entrance, Finished basement
Lot and exterior features
Lot size
50' X 140'
Lot area
7,000 ft²
Topography
Flat
Driveway
Double width or more, Asphalt
Parking (total)
Driveway (2), Garage (2)
Pool
Above-ground
Proximity
Hospital, Metro, Park, Bicycle path, Highway, High school, Commuter train, Public transportation, University, Elementary school, CEGEP, Daycare centre
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Property or unit amenity
Fire detector (N), Wall-mounted heat pump, Wall-mounted air conditioning
Water Supply
Municipality
Sewage System
Municipality
Occupancy
Double, Single, Triple
Financial details
Municipal assessment (2021)
Lot assessment
$ 487,700
Building assessment
$ 391,100
Total
$ 878,800
Taxes
Municipal
(2024)
$ 5,780
School
(2024)
$ 680
Total
$ 6,460
Gross annual revenues (potential)
Residential
$ 60,000
Parking
$ 6,480
Total
$ 66,480
Inclusions and exclusions
Inclusions
4 hot-water tanks.
Exclusions
All of tenant's personal belonging, furnitures and appliances.