$749,000

Investment For Sale In Centre-Sud, Montréal (Ville-Marie), Quebec

$749,000

Property Information:

Welcome to 2057 Montgomery. - the canvas for your next residential masterpiece! This prime land is your ticket to crafting a stunning 6-unit residential project in the heart of a booming area. Imagine a sleek, modern building designed across 5 levels - basement, 3 above-ground stories, and a mezzanine. Only the facade and three foundation sides remains. Here's your opportunity to access a ready to build project. Invest in Growth: Thriving neighborhood with ongoing development. Capitalize on the demand for quality living spaces in a strategic location.

Land 25' x 80' for the construction of a building on 5 levels: Basement + 3 above-ground floors + Mezzanine.

The building has been demolished, only the facade and 3 sides of the foundations remain.

Demolition plans available
Construction plans available
Engineering plans in progress

Potential for 6 rental units or 6 condo units:

Ground Floor + Basement 4 BR & 2 BA: $3,500 / $700,000
Ground Floor + Basement 3 BR & 2 BA: $3,250 / $650,000
2nd Floor 2 BR & 1 BA: $2,250 / $450,000
2nd Floor 1 BR & 1 BA: $1,800 / $350,000
3rd Floor + Mezzanine 3 BR & 2 BA: $2,850 / $650,000
3rd Floor + Mezzanine 2 BR & 2 BA: $2,500 / $550,000
Parking: $150 / $25,000

TOTAL: $195,600 / $3,375,000

LOCATION

5 minute walk to METRO FRONTENAC

Close to Bercy shopping center

WALK SCORE of 92 out of 100

A few minutes' walk from all services: (groceries, restaurants, pharmacy, banks, cultural center, etc.) primary and secondary schools: Garderie les Génies d'Aladin, CPE l'Éléphant bleu, St-Anselme school, Collège Ville-Marie (private high school), Jean-Baptiste-Meilleur School, St-Louis de Gonzague School.

Near several parks, including Parc Raymond-Préfontaine and Parc Mederic-Martin (pool, playground, tennis court) and the Jean-Claude Malépart Center

AREA UNDER STRONG DEVELOPMENT.

Building Features:

  • Foundation: Poured concrete
  • Parking: Driveway
  • Proximity: Highway, CEGEP, Daycare centre, Hospital, Metro, Park, Bicycle path, Elementary school, High school, Public transportation
  • Size: 25.0 x 56.0 Feet
  • Topography: Flat
  • Water Supply: Municipality
  • Sewage System: Municipality

Potential Gross Revenue:

  • Residential: $182,400
  • Parking: $1,800

Taxes:

  • Municipal Tax: $3,025
  • School Tax: $369
  • Annual Tax Amount: $3,394

Property Assessment:

  • Lot Assessment: $243,000
  • Building Assessment: $262,500
  • Total Assessment: $505,500

Property Features:

  • Built in: 2024
  • Floor Space (approx): 5046.0 Square Feet
  • Irregular: Yes
  • Lot Depth: 24.53 Metre
  • Lot Frontage: 7.62 Metre
  • Lot Size: 186.90 Square Metres
  • Zoning: RESI
  • No. of Parking Spaces: 1

Revenue Units:

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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