Photo Main Photo of the property
$1,429,900
New
ULS: 17212437

Quadruplex for sale
7560 - 7564 Rue Millet, Montréal (Saint-Léonard)

Exceptional investment opportunity in the heart of Saint-Léonard. Owned by the original family since construction, this well-maintained all-electric 4plex generates $78,900 in annual revenue & offers a strong 18.12 GRM. Tenants pay their own electricity, heating & hot water. All units have been updated over the years, are in good condition, & occupied by quality tenants. The spacious owner-occupied unit features 3 bedrooms, 3 bathrooms and a finished basement. Walking distance to Place Viau & the future Blue Line Metro extension (2031). Bonus: nearly 10,000 sq. ft. of usable land, including an additional Hydro-Québec leased parcel.
Sale with exclusion(s) of legal warranty - See listing broker(s)

Property features

3 Bedrooms
2 Bathrooms
1 Powder room

MARCO MORANELLI

Residential and Commercial Real Estate Broker

RE/MAX ALLIANCE INC.

BRANDON BRINI

Residential Real Estate Broker

RE/MAX ALLIANCE INC.

THE BUILDING

Owned by the original family since construction & offered through succession, this well-maintained 4plex offers stable income & an owner-occupant opportunity.

* All-electric building
* Four electrical panels
* Four hot water tanks
* Tenants pay their own electricity, heating and hot water
* Updated units with quality tenants in place

The spacious owner-occupied unit will be available to the purchaser & features:

* 3 spacious bedrooms
* Primary bedroom with ensuite bathroom
* 3 bathrooms
* Finished basement
* Generous room sizes
* Ample storage
* Numerous updates over the years

Following an insured event in 2025, portions of the building were renovated, including kitchens, flooring, electrical improvements, insulation, doors, trim, painting and soundproofing.


ADDITIONAL HYDRO-QUÉBEC LAND

* Registered lot: approximately 4,724 sq. ft.
* Additional Hydro-Québec leased parcel: approximately 5,000+ sq. ft.
* Total usable area: approximately 9,724+ sq. ft.

According to the sellers, the Hydro-Québec lease has historically renewed at approximately $50-$100 annually. Since acquiring the property through succession, the sellers have not received an invoice and are answering to the best of their knowledge. Buyers must verify lease terms, costs and permitted uses.

NB. There is no fence separating the subject property's backyard from the neighbouring attached property.


THE LOCATION

Located on a quiet local-traffic street in the heart of Saint-Léonard.

Within approximately 10 minutes on foot:

* Place Viau
* Jean-Talon commercial corridor
* Grocery stores, restaurants and cafés
* Pharmacies, banks and public transit
* Everyday services

Within approximately 17 minutes on foot:

* Centre Jean-Talon
* Sports and recreational facilities

The property is also surrounded by numerous parks, playgrounds & green spaces.

A major long-term value driver is the future Blue Line Metro extension, scheduled for completion in 2031.


THE INVESTMENT

* Annual gross revenue: $78,900
* Strong GRM: 18.12
* Stable tenant profile
* Owner-occupied unit available
* Potential for future rental optimization
* The declared rents take into consideration the July 1st 2026 increases


3 REASONS YOU'LL LOVE IT

1. THE NUMBERS LOOK GOOD ON PAPER

Generating $78,900 in annual revenue with a strong 18.12 GRM & tenant-paid utilities.

2. LOCATION, LOCATION, LOCATION

Walking distance to Place Viau, the Jean-Talon commercial hub, Centre Jean-Talon, numerous parks and the future Blue Line Metro extension.

3. SIZE, FLEXIBILITY & LAND

A spacious owner-occupied unit with 3 bedrooms, 3 bathrooms and a finished basement, combined with nearly 10,000 sq. ft. of usable land.

Properties offering this combination of income, owner-occupant flexibility and future growth potential are increasingly difficult to find. Contact the listing broker for additional information or to schedule a private visit.
Dimensions 40' X 42' irr.
Year constructed 1971
Siding Brick
Roofing Asphalt and gravel
Garage Heated, Built-in
Basement 6 feet and more, Finished basement
Lot size 50' X 94' irr.
Lot area 4,724.28 ft²
Topography Flat
Distinctive Features Immense land
Driveway Paving stone
Parking (total) Garage (1), Driveway (2)
Proximity Metro, Park, Elementary school, High school, Public transportation, Daycare centre, Highway, Hospital

Unit 1 (Monthly residential revenue)

Entree
Level: 1st level/Ground floor
Dimensions: 3'9" X 5'11"
Flooring:
Details:
Hall
Level: 1st level/Ground floor
Dimensions: 4'1" X 11'11"
Flooring:
Details:
Living room
Level: 1st level/Ground floor
Dimensions: 11'3" X 18'2"
Flooring:
Details:
Dining room
Level: 1st level/Ground floor
Dimensions: 15'5" X 9'11"
Flooring:
Details:
Kitchen
Level: 1st level/Ground floor
Dimensions: 11'4" X 11'5"
Flooring:
Details:
Dinette
Level: 1st level/Ground floor
Dimensions: 8'9" X 11'5"
Flooring:
Details:
Bathroom
Level: 1st level/Ground floor
Dimensions: 7'3" X 11'5"
Flooring:
Details:
Hall
Level: 1st level/Ground floor
Dimensions: 12'8" X 15'0"
Flooring:
Details:
Primary bedroom
Level: 1st level/Ground floor
Dimensions: 10'7" X 16'2"
Flooring:
Details:
Walk-in closet
Level: 1st level/Ground floor
Dimensions: 3'9" X 5'3"
Flooring:
Details:
Powder room
Level: 1st level/Ground floor
Dimensions: 4'3" X 5'3"
Flooring:
Details:
Bedroom
Level: 1st level/Ground floor
Dimensions: 8'9" X 13'1"
Flooring:
Details:
Bedroom
Level: 1st level/Ground floor
Dimensions: 10'7" X 15'0"
Flooring:
Details:
Entree
Level: Basement 1
Dimensions: 14'4" X 7'3"
Flooring:
Details:
Storage
Level: Basement 1
Dimensions: 5'11" X 7'3"
Flooring:
Details:
Kitchen
Level: Basement 1
Dimensions: 18'8" X 10'6"
Flooring:
Details:
Family room
Level: Basement 1
Dimensions: 19'8" X 15'4"
Flooring:
Details:
Bathroom
Level: Basement 1
Dimensions: 8'2" X 3'8"
Flooring:
Details:
Coin bar
Level: Basement 1
Dimensions: 5'2" X 7'7"
Flooring:
Details:
Hall
Level: Basement 1
Dimensions: 7'5" X 21'9"
Flooring:
Details:

Unit 2 (Monthly residential revenue)

Rooms not detailed

Unit 3 (Monthly residential revenue)

Rooms not detailed

Unit 4 (Monthly residential revenue)

Rooms not detailed
Heating System Hot water, Electric baseboard units
Heating Energy Electricity
Property or unit amenity Wall-mounted air conditioning
Water Supply Municipality
Sewage System Municipality
Occupancy Single

Financial details

Municipal assessment (2026)

Lot assessment
$ 406,000
Building assessment
$ 666,000
Total
$ 1,072,000

Taxes

Municipal (2026)
$ 6,500
School (2026)
$ 731
Total
$ 7,231

Gross annual revenues (potential)

Residential
$ 78,900
Total
$ 78,900

Inclusions

Unit 7560: all window dressings, light fixtures, kitchen hut, mural AC unit, four (4) hot water tanks

Exclusions

All tenants' personal belongings + Unit 7560: double car shelter, light fixtures on main floor (primary bedroom, secondary bedroom, living room, vestibule, hallway & sconces at the entrance and stairway downstairs)

Desjardins

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