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$2,915,000
ULS: 22180608

Quadruplex for sale
3552 - 3552B Rue Aylmer, Montréal (Le Plateau-Mont-Royal) (Le Plateau-Mont-Royal)

Splendid investment opportunity in Mcgill ghetto on Rue Aylmer, a very popular area with International students, 5 mins walk from Mcgill university and Metro Mcgill. It offers 4 units (two 5 1/2 and two 4 1/2) completely renovated by certified professionals (in 2017/18), having stable rental revenue of 148,332$/year.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Living area 268.50 m²

Property features

2 Bedrooms
1 Bathroom

PUNEET VERMA

Residential and Commercial Real Estate Broker

RE/MAX PLATINE

GRANT SPENCER VALLINIS

Residential and Commercial Real Estate Broker

RE/MAX PLATINE

This building generates excellent income and represents an investment opportunity. In 2017-2018, the four apartments were completely renovated, and the room layout was modified to create a more pleasant living space. Some load-bearing walls were replaced with load-bearing beams to open up the spaces. The plans were drawn up by an architect and a building structural engineer.

The project was entrusted to a certified general contractor. Around $200,000 in renovations across the four units invested (supporting invoices available).

The roof was re-done (new) with a new elastomeric membrane (July 2021).

Large windows, plenty of light, renovated floors, bathrooms, and kitchens. The apartment was completely repainted in March 2018 during the renovations. The four kitchens were completed in July 2018 (all 4 units).

DECLARATIONS

** Floor plan and dimensions are approximate and for informational purposes only*

**Service agreement with 3rd party related to wifi/Internet service to tenants (including material rental and primary internet subscription) at $100/month. Contract ends 30 April 2027, non-cancellabe before term**



Dimensions 22' X 55' 7" irr.
Year constructed Unknown
Living area 268.50 m²
Windows Aluminum
Siding Aluminum, Stone
Roofing Elastomeric membrane
Basement Finished basement
Renovations Plumbing (2018), Roof covering (2018), Bathroom (2018), Basement (2018), Insulation (2018), Electricity (2018), Floor (2018), Kitchen (2018)
Lot size 22' X 79' 9" irr.
Lot area 163 m²
Parking (total) Driveway (2)
Proximity Metro, Bicycle path, Elementary school, Daycare centre, Public transportation, University, High school
Heating System Electric baseboard units
Heating Energy Electricity
Rented Equipment (monthly) Internet material/wifi, see addendum (100)
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2025)

Lot assessment
$ 399,400
Building assessment
$ 1,295,900
Total
$ 1,695,300

Taxes

Municipal (2025)
$ 11,019
School (2024)
$ 1,343
Total
$ 12,362

Annual expenses

Insurance
$ 2,600
Total
$ 2,600

Gross annual revenues (potential)

Residential
$ 144,432
Parking
$ 3,900
Total
$ 148,332

Inclusions

Furnished per Leases/To be discussed with the SELLER

Exclusions

Personal belongings of tenants. Red wardrobe and it's contents (seller tools), Telecom/network material belonging to seller

Desjardins

Mortgage payment calculator

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