$1,400,000
ULS: 24353681
5-6-7-Plex for sale - Montréal (Villeray/Saint-Michel/Parc-Extension) (Parc-Extension)
8676 Av. De L'Épée, Montréal (Villeray/Saint-Michel/Parc-Extension) (Parc-Extension)
Get ahead of the curve on what is the next most centrally located, up-and-coming, and vibrant neighborhood on the island of Montreal undergoing a major transformation. Nestled on a residential street in Parc Extension, this semi-detached 7-plex with garage embodies location being walking distance from Marché Central, Howie Morenz Arena, parks, day cares, schools and public transport. Whether you're a seasoned investor or looking to enter the market, this 7-plex offers a significant revenue potential as the rents are below market. High rental demand in the area, with a growing population and influx of young professionals equals OPPORTUNITY
Sale without legal warranty of quality, at the buyer's risk and peril.
Property features
2
Bedrooms
1
Bathroom
JOSEPH BUGGE
Real Estate Broker
RE/MAX DU CARTIER INC.
Addendum
A new certificate of location has been ordered.
The balconies, railings, and intercom system are all recent.
The balconies, railings, and intercom system are all recent.
Building details and property interior
Year constructed
1968
Windows
Aluminum
Window Type
Sliding
Siding
Brick
Roofing
Asphalt and gravel
Garage
Single width, Built-in
Basement
6 feet and more
Lot and exterior features
Lot size
41' 3" X 76'
Lot area
291.30 m²
Parking (total)
Garage (2)
Proximity
CEGEP, Daycare centre, Hospital, Metro, Park, Highway, Réseau Express Métropolitain (REM), High school, Commuter train, Public transportation, University, Elementary school
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Property or unit amenity
Intercom
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2021)
- Lot assessment
- $ 378,700
- Building assessment
- $ 870,100
- Total
- $ 1,248,800
Taxes
- Municipal (2024)
- $ 7,974
- School (2024)
- $ 1,013
- Total
- $ 8,987
Annual expenses
- Insurance
- $ 6,202
- Total
- $ 6,202
Energy expenses
- Electricity
- $ 2,299
- Total
- $ 2,299
Gross annual revenues (potential)
- Residential
- $ 53,669
- Total
- $ 53,669
Inclusions and exclusions
Inclusions
The seven (7) hot water tanks.
Exclusions
All the personal belongings of the tenants.
Mortgage payment calculator
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