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

$1,398,000

MLS® # 25421414

Investment For Sale In Roger Rousseau Park, Montréal (Anjou), Quebec

$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

Property Assessment:

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

Property Features:

  • Built in: 1967
  • Zoning: RESI

Revenue Units:

Courtesy of: Royal LePage du Quartier

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.