$1,050,000

Investment For Sale In Verdun, Montréal (Verdun/Île-des-Soeurs), Quebec

$1,050,000

Property Information:

Well-maintained 4-plex in a prime location! Welcome to 1107-1113 Desmarchais, a building owned by the same resident owner for nearly 30 years. One unit is available for immediate occupancy, featuring a double room set up as a living room and bedroom, a welcoming kitchen with a dining area, a bathroom, and an additional bedroom. The basement includes a family room, a laundry room, a workshop, and a second full bathroom. Spacious backyard with a shed and parking. Quality building with stable tenants -- a great opportunity!

THE BUILDING:
* Three 4½ units rented until June 6, 2025, with stable tenants
* Several renovations carried out over the years
*Owner-occupant apartment:
- 1 bedroom and a double living room on the ground floor that can also serve as an additional bedroom
- Spacious kitchen/dining area with ample storage
- 2 full bathrooms, one located in the basement
- Large basement including laundry room, vast family room wit a wood fireplace, and a workshop
- Wall-mounted heat pump added in 2018

OUTDOOR SPACES:
* Front and back balconies
* Large fenced backyard
* Owner-occupant parking for 2 cars
* Storage shed


LOCATION -- CLOSE TO AMENITIES:
* 4-minute walk to IGA grocery store
* Less than 2 minutes to Cooney Park
* Steps away from the Lachine Canal and its bike paths
* Nearby neighborhood school and daycares
* Within a 15-minute walk to the popular Wellington Street with all its attractions and shops

TRANSPORTATION -- EASY WITH MULTIPLE OPTIONS!
* 8-minute walk to Jolicoeur metro station and 15-minute walk to Verdun metro station
* Close to several bus lines (112, 37, 200, 350, 108)
* Steps from BIXI and Communauto stations
* Easy access to major routes: highways 10, 15, 20, and Champlain Bridge
* Quick access to downtown with multiple transit options -- under 30 minutes by metro!

Inclusions: Permanent heating, electrical and lighting installations, all effects left on site at the time of the deed of sale

Exclusions : Tenant's personal belongings

Building Features:

  • Style: Fourplex
  • Basement: 6 feet and more, Partially finished
  • Driveway: Asphalt
  • Fireplace-Stove: Wood fireplace
  • Floor Covering: Wood, Ceramic, Flexible floor coverings
  • Foundation: Poured concrete
  • Kitchen Cabinets: Melamine
  • Occupancy: Single
  • Parking: Driveway
  • Property or unit amenity: Wall-mounted heat pump
  • Proximity: Highway, CEGEP, Metro, Park, Bicycle path, Elementary school, High school, Public transportation, University
  • Roofing: Asphalt and gravel
  • Siding: Brick
  • Size: 12.19 x 13.14 METRE
  • Window Type: Sliding
  • Windows: Aluminum
  • Heating System: Electric baseboard units
  • Heating Energy: Electricity
  • Water Supply: Municipality
  • Sewage System: Municipality

Potential Gross Revenue:

  • Residential: $58,320

Taxes:

  • Municipal Tax: $7,125
  • School Tax: $924
  • Annual Tax Amount: $8,049

Property Assessment:

  • Lot Assessment: $512,600
  • Building Assessment: $643,300
  • Total Assessment: $1,155,900

Property Features:

  • Bedrooms: 2
  • Bathrooms: 2
  • Built in: 1950
  • Lot Depth: 31.85 Metre
  • Lot Frontage: 12.19 Metre
  • Lot Size: 388.30 Square Metres
  • Zoning: RESI
  • No. of Parking Spaces: 2

Rooms:

  • Other - Irregular Ground Level 3.61 m x 7.09 m Flooring: Wood Note: double room with bedroom
  • Bedroom - Irregular Ground Level 2.41 m x 5.33 m Flooring: Wood
  • Bathroom Ground Level 1.60 m x 2.06 m Flooring: Ceramic
  • Kitchen Ground Level 3.43 m x 4.29 m Flooring: Ceramic
  • Dining Ground Level 2.72 m x 3.53 m Flooring: Ceramic
  • Family - Irregular Basement Level 5.77 m x 8.99 m Flooring: Laminate floor
  • Bathroom Basement Level 1.80 m x 2.13 m Flooring: Ceramic
  • Laundry - Irregular Basement Level 2.31 m x 3.40 m Flooring: Laminate floor
  • Office - Irregular Basement Level 1.75 m x 3.40 m Flooring: Laminate floor
  • Other - Irregular Basement Level 4.04 m x 4.29 m
  • Storage - Irregular Basement Level 3.02 m x 4.34 m
  • Workshop - Irregular Basement Level 5.82 m x 2.46 m Flooring: Laminate floor

Revenue Units:

  • Pieces 4
  • Bedrooms 2
  • Baths 2
  • Pieces 4
  • Bedrooms 2
  • Baths 1
  • Pieces 4
  • Bedrooms 2
  • Baths 1
  • Pieces 4
  • Bedrooms 2
  • Baths 1

Courtesy of: Royal LePage Altitude

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.

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