$1,599,000 +GST/QST
ULS: 19780017
5-6-7-Plex for sale - Montréal (Villeray/Saint-Michel/Parc-Extension) (Villeray)
576 - 586 Rue Villeray, Montréal (Villeray/Saint-Michel/Parc-Extension) (Villeray)
Welcome to 576-586 Rue Villeray. This semi-commercial property sits in an excellent location of Villeray and includes (4) residential units and (2) commercial units.
Sale without legal warranty of quality, at the buyer's risk and peril.
Property features
2
Bedrooms
1
Bathroom
GIOVANNI FRENDA
Residential and Commercial Real Estate Broker
RE/MAX EXCELLENCE INC.
VINCENZO CRESCENZI
Real Estate Broker
RE/MAX EXCELLENCE INC.
Addendum
Welcome to 576-586 Rue Villeray.
This semi-commercial property sits in an excellent location of Villeray and includes (4) residential units and (2) commercial units.
Find SIX units composed of;
- (2) Two-bedroom apartments
- (2) Three-bedroom apartments
(1) Hair Salon (Gross Lease)
(1) Restaurant (Double net Lease)
Well Maintained over the years with several major ameliorations a great investment opportunity.
The gross revenue is $105,120 (ANNUAL).
Take note that there is sales tax - GST + QST which applies to the commercial portion of the building at the time of sale.
Any promise to purchase presented to the seller must be accompanied by demonstration of buyer's financial capacity.
Visits of residential units are conditional to an accepted promise to purchase.
This property must be purchased with the neighbouring three-unit property, MLS # 26271108.
This semi-commercial property sits in an excellent location of Villeray and includes (4) residential units and (2) commercial units.
Find SIX units composed of;
- (2) Two-bedroom apartments
- (2) Three-bedroom apartments
(1) Hair Salon (Gross Lease)
(1) Restaurant (Double net Lease)
Well Maintained over the years with several major ameliorations a great investment opportunity.
The gross revenue is $105,120 (ANNUAL).
Take note that there is sales tax - GST + QST which applies to the commercial portion of the building at the time of sale.
Any promise to purchase presented to the seller must be accompanied by demonstration of buyer's financial capacity.
Visits of residential units are conditional to an accepted promise to purchase.
This property must be purchased with the neighbouring three-unit property, MLS # 26271108.
Building details and property interior
Year constructed
1973
Roofing
Asphalt and gravel
Basement
6 feet and more, Unfinished
Lot and exterior features
Lot area
284.40 m²
Proximity
Highway, CEGEP, Daycare centre, Metro, Park, Bicycle path, Elementary school, High school, Public transportation
Characteristics
Heating System
Hot water, Electric baseboard units
Heating Energy
Electricity, Heating oil
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2024)
- Lot assessment
- $ 455,000
- Building assessment
- $ 539,100
- Total
- $ 994,100
Taxes
- Municipal (2024)
- $ 13,896
- School (2024)
- $ 819
- Total
- $ 14,715
Annual expenses
- Insurance
- $ 10,917
- Total
- $ 10,917
Energy expenses
- Electricity
- $ 220
- Heating oil
- $ 17,696
- Total
- $ 17,916
Gross annual revenues (potential)
- Residential
- $ 54,156
- Commercial
- $ 50,964
- Total
- $ 105,120
Inclusions and exclusions
Inclusions
Apt. 3 - Fridge, Stove
Mortgage payment calculator
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