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ULS: 15088072

5-6-7-Plex for sale - Montréal (Villeray/Saint-Michel/Parc-Extension) (Villeray)

7997 Av. des Érables, Montréal (Villeray/Saint-Michel/Parc-Extension) (Villeray)
Very well located in Villeray, this income property comprises 6 rented 3 ½ apartments. The building features an impressive 28-foot façade, hardwood floors, recent windows, doors, and balconies, and a fenced yard. This is only the second owner since construction. Situated on a beautiful tree-lined street, just steps from Parc Nicolas-Tillemont, a 15-minute walk to D'Iberville Metro station, with direct access to Highway 40, and close to all amenities. This property is a great investment opportunity in a sought-after neighborhood!
Sale without legal warranty of quality, at the buyer's risk and peril.
Living area 3,819.47 ft²

Property features

1 Bedroom
1 Bathroom

SIMON LAROUCHE

Certified real estate broker

RE/MAX DU CARTIER INC.

AMELIE JOLICOEUR

Certified real estate broker

RE/MAX DU CARTIER INC.

The rental income is below market rate, but the apartments are in excellent condition.

The apartments have washer and dryer hookups.
Dimensions 28' X 44' irr.
Year constructed 1956
Living area 3,819.47 ft²
Windows PVC
Window Type Guillotine
Siding Brick, Stone
Roofing Asphalt and gravel
Dividing Floor Wood
Lot size 28' X 74'
Lot area 2,082 ft²
Topography Flat
Proximity CEGEP, Daycare centre, Metro, Park, Highway, Elementary school, High school, Public transportation, Bicycle path
Heating System Electric baseboard units
Heating Energy Electricity
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2024)

Lot assessment
$ 183,800
Building assessment
$ 631,200
Total
$ 815,000

Taxes

Municipal (2024)
$ 5,166
School (2024)
$ 648
Total
$ 5,814

Annual expenses

Insurance
$ 1,524
Total
$ 1,524

Energy expenses

Electricity
$ 245
Total
$ 245

Gross annual revenues (potential)

Residential
$ 48,360
Total
$ 48,360

Inclusions

6 hot water tanks.

Exclusions

The tenants' belongings.

Desjardins

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