$1,090,000

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

$1,090,000

Property Information:

Prime independent rental property just a 2-minute walk from Saint-Michel subway station, generating up to $96,000 annually in rental income. Apartment 2, with its 5 bedrooms spread across two floors, a driveway, and restricted use of the backyard and patio, is ideal for owner-occupancy, featuring excellent renovations. It is possible to negotiate with the current tenant to leave, making it perfect for buyers looking to live in the property. With the potential for re-leasing at a higher rent, this property offers outstanding income potential and an unbeatable location. Visits are available with an accepted promise to purchase only.

Inclusions: Apt1: Fridge, stove, Apt2: Fridge, stove, Apt3: Fridge, stove, bed, chest of drawers, table, chair. Apt4: Fridge, stove, bed, chest of drawers, table, chair.

Exclusions : As per leases. Tenants personal belongings.

Building Features:

  • Style: Fourplex
  • Driveway: Asphalt
  • Garage: Attached, Heated, Single width
  • Parking: Driveway, Garage
  • Proximity: Highway, CEGEP, Hospital, Metro, Park, Bicycle path, Elementary school, High school, Public transportation
  • Size: 8.68 x 12.28 METRE
  • Water Supply: Municipality
  • Sewage System: Municipality

Potential Gross Revenue:

  • Residential: $96,120

Taxes:

  • Municipal Tax: $5,135
  • School Tax: $638
  • Annual Tax Amount: $5,773

Property Assessment:

  • Lot Assessment: $182,800
  • Building Assessment: $594,600
  • Total Assessment: $777,400

Property Features:

  • Bedrooms: 1
  • Bathrooms: 1
  • Built in: 1964
  • Floor Space (approx): 312.2 Square Metres
  • Lot Depth: 24.92 Metre
  • Lot Frontage: 8.53 Metre
  • Lot Size: 212.60 Square Metres
  • Zoning: RESI
  • No. of Parking Spaces: 2

Rooms:

  • Living Ground Level 5.54 m x 2.90 m
  • Kitchen Ground Level 3.02 m x 2.72 m
  • Primary Bedroom Ground Level 4.57 m x 3.12 m
  • Bedroom Ground Level 4.93 m x 2.62 m
  • Bedroom Ground Level 3.81 m x 2.51 m
  • Bathroom Ground Level 2.36 m x 2.11 m
  • Bedroom Ground Level 3.07 m x 2.72 m
  • Bedroom Basement Level 3.81 m x 2.51 m
  • Bedroom Basement Level 4.93 m x 2.62 m
  • Bathroom Basement Level 2.36 m x 2.11 m

Revenue Units:

  • Pieces 3
  • Bedrooms 1
  • Baths 1
  • Pieces 8
  • Bedrooms 5
  • Baths 2
  • Pieces 5
  • Bedrooms 3
  • Baths 1
  • Pieces 5
  • Bedrooms 3
  • Baths 1

Courtesy of: Royal LePage Global

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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