$4,995,000

Investment For Sale In Saint-Michel, Montréal (Villeray/Saint-Michel/Parc-Extension), Quebec

$4,995,000

Property Information:

Super good rental building with 19 apartments (13 units 4.5-6 units 3.5). Ideally located offering an exceptional location, with real income of $311,976.00, very rare on the current market, 13 units are completely renovated from A to Z, a stable and well established operation. This property presents a unique investment opportunity. Highly sought after by tenants because of its proximity to services. There are never any vacant units.

Apart. 01 - 4 1/2 Fully renovated
Apart. 02 - 4 1/2 Fully renovated
Apart. 03 - 3 1/2 Fully Renovated
Apart. 04 - 4 1/2 Fully renovated
Apart. 05 - 4 1/2 Semi Renovated at 65% and well Maintained
Apart. 06 - 3 1/2 Original but well maintained
Apart. 07 - 4 1/2 Original but well maintained
Apart. 08 - 4 1/2 Fully renovated
Apart. 09 - 3 1/2 Fully renovated
Apart. 10 - 4 1/2 Fully renovated
Apart. 11 - 4 1/2 Semi Renovated at 65% and well Maintained
Apart. 12 - 3 1/2 Original but well maintained
Apart. 14 - 4 1/2 Fully renovated
Apart. 15 - 4 1/2 Fully renovated
Apart. 16 - 3 1/2 Fully renovated
Apart. 17 - 4 1/2 Fully renovated
Apart. 18 - 4 1/2 Fully renovated
Apart. 19 - 3 1/2 Original but well maintained
Apart. 20 - 4 1/2 Semi Renovated at 65% and well Maintained

New automatic garage with remote
New hot water heating furnace rented from Gaz metro plus
New garage heating system rented from Gaz metro plus

Remodeled hall ways with new ceramics and light fixtures and fresh painted wall with two colors.




Inclusions: All equipment needed to operate the building.

Exclusions : The personal effects of the owner and the tenants.

Building Features:

  • Basement: 6 feet and more, Outdoor entrance
  • Driveway: Asphalt, Double width or more
  • Environmental Study: Phase 1
  • Floor Covering: Wood, Ceramic, Flexible floor coverings, Laminate floor, Tiles
  • Foundation: Poured concrete
  • Garage: Heated, Double width or more, Built-in
  • Kitchen Cabinets: Melamine, Laminate
  • Parking: Driveway, Garage
  • Proximity: Highway, CEGEP, Daycare centre, Hospital, Metro, Park, Bicycle path, Elementary school, High school, Public transportation
  • Roofing: Asphalt and gravel
  • Siding: Brick
  • Size: 54.6 x 102.5 Feet
  • Topography: Flat
  • Window Type: Sliding
  • Windows: PVC
  • Heating System: Forced air, Electric baseboard units
  • Heating Energy: Electricity, Natural gas
  • Water Supply: Municipality
  • Sewage System: Municipality

Potential Gross Revenue:

  • Residential: $299,268
  • Parking: $8,100
  • Other: $4,890

Taxes:

  • Municipal Tax: $19,451
  • School Tax: $2,368
  • Annual Tax Amount: $21,819

Property Assessment:

  • Total Assessment: $3,063,100

Property Features:

  • Built in: 1963
  • Irregular: Yes
  • Lot Depth: 112.4 Feet
  • Lot Frontage: 54.5 Feet
  • Lot Size: 6130.00 Square Feet
  • Zoning: RESI
  • No. of Parking Spaces: 8

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.

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