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7760 Av. Des Ormeaux, Montréal (Anjou), QC, H1K 2Y1

MLS® # 25421414
Investment For Sale In Roger Rousseau Park, Montréal (Anjou), Quebec
$1,398,000
Frontage - 7760 Av. Des Ormeaux, Montréal (Anjou), QC
Frontage - 7760 Av. Des Ormeaux, Montréal (Anjou), QC
Frontage - 7760 Av. Des Ormeaux, Montréal (Anjou), QC
Frontage - 7760 Av. Des Ormeaux, Montréal (Anjou), QC
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7760 Av. Des Ormeaux, Montréal (Anjou), QC, H1K 2Y1
$1,398,000

Property Information:

Located at 7760 Av. Des Ormeaux, Montreal (Anjou), this 8-unit building benefits from an exceptional location. Directly across from an elementary school and near all shops, restaurants, and bus line 141 & 85, this property is an ideal investment. The renovations, hardwood floors, and new balconies enhance the appeal of this rare opportunity.

An exceptional opportunity to acquire a renovated multifamily building in a prime location. Each tenant is responsible for their own heating, electricity, and hot water costs, with the eight water heaters rented from Hydro Solution. A deposit will be required upon acceptance of a Promise to Purchase, along with proof of available funds. Unit visits will only be allowed after an offer is accepted.

The seller declares that a fire occurred in 2013, leading to renovations on six units and the new roof - durable elastomer membrane.

Key Improvements:

Upgraded Electrical System: 6 apartment is equipped with a 100-amp electrical panel with circuit breaker, while the building has a 400-amp main panel.
Hardwood Floors: 6 apartments feature beautiful hardwood floors, adding elegance and comfort.
Renovated Kitchens: 6 units enjoys a modern, functional kitchen with ceramic floor
.
New Windows and Balconies: The windows were fully replaced in 2007, and the aluminum balconies with fiberglass floors, redone in 2013, provide both durability and a sleek appearance.

Exclusions : All personal effects of tenants and owners. 8 Hot water heaters

Building Features:

  • Floor Covering: Wood
  • Property or unit amenity: Intercom
  • Proximity: Highway, Elementary school, Public transportation
  • Rented Equipment (monthly): Water heater
  • Roofing: Elastomeric membrane
  • Siding: Brick
  • Windows: Aluminum
  • Heating System: Electric baseboard units
  • Heating Energy: Electricity
  • Water Supply: Municipality
  • Sewage System: Municipality

Potential Gross Revenue:

  • Residential: $80,484

Taxes:

  • Municipal Tax: $7,131
  • School Tax: $794
  • Annual Tax Amount: $7,925

Expenses:

  • Insurance: $3,028
  • Electric: $257

Property Assessemnt:

  • Lot Assessment: $232,600
  • Building Assessment: $699,100
  • Total Assessment: $931,700

Property Features:

  • Built in: 1967
  • Zoning: RESI

Revenue Units:

Unit 1

Unit 2

Data provided by: Centris - 600 Ch Du Golf, Ile -Des -Soeurs, Quebec H3E 1A8
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved.

Sold without legal warranty of quality, at the buyer's own risk.

Location of 7760 Av. Des Ormeaux, Montréal (Anjou), QC, H1K 2Y1

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

32 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

15 storms expected in 2050

Projected Heat Risk: Moderate

32 hot days expected in 2050

50/100

Moderate

ClimateCheck®

Current data

This property, 7760 Av. Des Ormeaux , experiences 7 hot days per year at around 31 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 32 hot days at 34.4 degrees Celsius.

Projected Avg. Temperature

Past
31℃
2050
34.4℃

# Hot Days Per Year

Past
7
2050
32

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

15 storms expected in 2050

74/100

Moderate-High

ClimateCheck®

Current data

This property, 7760 Av. Des Ormeaux , experiences 11 significant 2-day storms per year, with about 352.8mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 15 significant 2-day storms with 461.7mm of precipitation per year.

Precipitation Per Storm

Past
352.8mm
2050
461.7mm

48-Hour Storms Per Year

Past
11
2050
15

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 7760 Av. Des Ormeaux, Montréal (Anjou), QC, H1K 2Y1

Life Stage

Young Singles

Employment Type

Service Sector

Average Household Income

$98,587.50

Average Number of Children

1.88

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

22.95 %

High school certificate or equivalent

26.34 %

Apprenticeship trade certificate/diploma

14.95 %

College/non-university certificate

16.95 %

University certificate (below bachelor)

3.51 %

University Degree

15.3 %

Commuter

Travel To Work

By Car

64.39 %

By Public Transit

28.42 %

By Walking

4.42 %

By Bicycle

0.14 %

By Other Methods

2.63 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

50.83 %

Houses

49.17 %

Own Vs. Rent