Well-maintained fourplex offering potential gross annual revenues of over $48,420 in the sought-after Mercier neighbourhood. The main unit features 3 bedrooms, 2 full bathrooms, a finished basement, and exclusive use of the double garage. The property also includes two bright 2-bedroom apartments, one of which will be vacant for the buyer as of August 1, as well as a 1-bedroom basement apartment with a private exterior entrance. Roof replaced in 2024, backyard, storage shed, reliable tenants, and a prime location close to schools, parks, shops, public transit, and major roadways.
This fourplex, located in the sought-after Mercier neighbourhood, presents an excellent opportunity for both investors and owner-occupants. Offering potential gross annual revenues exceeding $48,420, this well-maintained property features spacious units, a double garage, a backyard, and one unit that will be available for the buyer.
The main unit (5627), located on the main floor with a finished basement, is currently rented for $1,460 per month. It offers three bedrooms, a closed entrance hall, a spacious living room, a bright dining room, a functional kitchen, and a full bathroom on the main floor with an adjoining bedroom. The basement features a large family room, a second full bathroom with a shower, a laundry room, and a cold room providing additional storage space. The tenants of this unit also have exclusive use of the double garage.
The second-floor unit (5623) is a bright two-bedroom apartment featuring a kitchen, dining room, living room, and full bathroom. It is currently rented for $760 per month, and the tenant will be vacating on August 1, allowing the purchaser to occupy the unit or rent it at current market value.
Also located on the second floor, unit 5625 is another two-bedroom apartment offering a kitchen, dining room, living room, and full bathroom. It is currently rented for $1,295 per month.
The basement unit (5621) is a one-bedroom apartment with its own private exterior entrance. It includes a full bathroom and an open-concept living area combining the kitchen, dining room, and living room. It is currently rented for $520 per month.
The roof was replaced in 2024. The property also includes a backyard, a storage shed, and a double garage. The building is occupied by quiet, reliable tenants, providing added stability for the new owner.
Ideally located, the property is close to schools, parks, restaurants, grocery stores, pharmacies, public transit, and all essential daily services. The L'Assomption and Cadillac metro stations are within walking distance, along with the many shops and services found on Sherbrooke Street. The Montréal Botanical Garden, Maisonneuve Park, Olympic Park, and Saputo Stadium are also just minutes away.
With one unit available for occupancy, attractive rental income, and a prime location, this property is an excellent opportunity for both owner-occupants and investors seeking a building with strong income potential.
Building details and property interior
Year constructed
1981
Roofing
Other
Garage
Double width or more
Basement
Finished basement
Lot and exterior features
Lot area
499.90 m²
Parking (total)
Garage (2)
Proximity
CEGEP, Daycare centre, Hospital, Metro, Park, Highway, Elementary school, High school, Public transportation, University, Bicycle path