$999,995 +GST/QST
New
ULS: 18304056

Quadruplex for sale
9161 25e Avenue, Montréal (Villeray/Saint-Michel/Parc-Extension) (Saint-Michel)

GREAT INVESTMENT OPPORTUNITY IN SAINT-MICHEL! Corner property featuring 2 commercial units and 2 residential apartments. TWO VACANT UNITS: one ground-floor commercial space and one furnished 4½ apartment on the second floor! Excellent potential to increase rental income or for owner occupancy, subject to applicable conditions. Roof replaced in 2024, door and window improvements, and 2 wall-mounted heat pumps. Convenient location near shops, services and public transportation. Don't miss this opportunity!
Sale with exclusion(s) of legal warranty - See listing broker(s)

Property features

2 Bedrooms
1 Bathroom

CATERINA BALLARO

Residential and Commercial Real Estate Broker

RE/MAX ALLIANCE INC.

EXCELLENT INVESTMENT OPPORTUNITY -- MIXED-USE RESIDENTIAL AND COMMERCIAL PROPERTY IN SAINT-MICHEL!

Discover this two-storey corner property located in Montréal's Saint-Michel neighbourhood. Featuring two commercial units on the ground floor and two residential apartments upstairs, this property offers an attractive combination of existing rental income and future income potential.

TWO VACANT UNITS -- A GREAT OPPORTUNITY!

COMMERCIAL SECTION

Two commercial spaces measuring approximately 26 ft. x 27 ft. each.

One commercial unit currently rented for $1,500 per month, with an active lease.

One VACANT commercial unit, offering the opportunity to lease or occupy the premises, subject to permitted uses.

JL Marché currently occupies one of the commercial units.

Takeout snack bar permitted. Dine-in restaurant not permitted, subject to municipal verification.

RESIDENTIAL SECTION -- SECOND FLOOR

Two residential apartments.

One currently rented 5½ apartment.

One VACANT and FURNISHED 4½ apartment, offering additional rental income potential.

IMPROVEMENTS AND PROPERTY FEATURES

Roof replaced in 2024, according to the Seller's Declaration.

Door and window improvements documented in 2020.

Two wall-mounted heat pumps in the commercial units.

Hot water tanks dating from 2022.

Hot-water heating system located in the basement.

Two-storey brick building.

Lot measuring 199.8 m² according to the 2005 certificate of location.

ADDITIONAL INFORMATION

The property also bears the civic addresses 4250 and 4252, 47th Avenue.

The 2005 certificate of location identifies a registered view servitude, certain encroachments and overhangs.

Rental income, leases, operating expenses, measurements and permitted uses must be verified by the Buyer.

CONDITIONS OF SALE

Sale without legal warranty of quality, in accordance with the applicable contractual provisions.

GST and QST apply to the taxable portion of the property.

An excellent opportunity for investors seeking existing rental income combined with the potential to generate additional revenue from two currently vacant units!
Dimensions 49' 11" X 32' irr.
Year constructed 1966
Windows Aluminum
Siding Brick
Roofing Asphalt and gravel
Basement 6 feet and more
Lot size 67' X 32'
Lot area 199.20 m²
Proximity Highway, Daycare centre, Hospital, Park, Bicycle path, Elementary school, High school, Commuter train, Public transportation
Heating System Electric baseboard units
Heating Energy Electricity
Property or unit amenity Fire detector (N), Wall-mounted heat pump
Water Supply Municipality
Sewage System Municipality
Occupancy Double

Financial details

Municipal assessment (2024)

Lot assessment
$ 179,300
Building assessment
$ 390,600
Total
$ 569,900

Taxes

Municipal (2026)
$ 7,210
School (2027)
$ 385
Total
$ 7,595

Gross annual revenues (potential)

Residential
$ 28,140
Commercial
$ 42,000
Total
$ 70,140

Inclusions

All furniture currently located in the 4½ residential unit (Apartment 1), as well as the two wall-mounted heat pumps in the commercial units. All equipment and furniture located in the JL Marché commercial unit.

Exclusions

All tenants' personal belongings, the kitchen range hood, and the two refrigerators located in the JL Marché commercial unit.

Desjardins

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