$3,200,000
ULS: 14020206
8-15-Plex
for sale
3881 - 3887 Boul. Édouard-Montpetit, Montréal (Côte-des-Neiges/Notre-Dame-de-Grâce) (Côte-des-Neiges)
This 12-unit revenue property offers a prime investment opportunity in a quiet neighborhood, close to amenities and public transportation. The building includes 4 fully renovated units (original 1945 construction) with updated plumbing and electrical, and 8 newly constructed units (2020). The landlord covers heating, electricity, and hot water for the entire building, providing a hassle-free experience for tenants. With a mix of modern and fully updated units, this property is ideal for long-term rental income. Situated in a high-demand area, it's perfect for investors seeking a low-maintenance, cash-flowing asset. Schedule a viewing today!
Sale without legal warranty of quality, at the buyer's risk and peril.
NIRUTHAN NAGALINGAM
Real Estate Broker
RE/MAX ACTION INC.
RADHA SIVAGNANAM
Certified real estate broker
RE/MAX ACTION INC.
Addendum
As of 3rd of Nov. 2024, the monthly rent amounts are as follows:
Original 1945 construction section
#1 Potential rent - $2900(5 1/2)
#2 - $2800(5 1/2)
#3 - $1025(2 1/2)
#4 - $1050(2 1/2)
Newly constructed section(2020)
#1 - $1400(4 1/2)
#2 - $1325(4 1/2)
#3 - $950(2 1/2)
#4 - $925(2 1/2)
#5 - $875(2 1/2)
#6 - $925(2 1/2)
#7 - $940(2 1/2)
#8 - $800(2 1/2)
Landload pays heating(electricity), electricity and hotwater to entire building.
Original 1945 construction section
#1 Potential rent - $2900(5 1/2)
#2 - $2800(5 1/2)
#3 - $1025(2 1/2)
#4 - $1050(2 1/2)
Newly constructed section(2020)
#1 - $1400(4 1/2)
#2 - $1325(4 1/2)
#3 - $950(2 1/2)
#4 - $925(2 1/2)
#5 - $875(2 1/2)
#6 - $925(2 1/2)
#7 - $940(2 1/2)
#8 - $800(2 1/2)
Landload pays heating(electricity), electricity and hotwater to entire building.
Building details and property interior
Year constructed
1945
Roofing
Elastomeric membrane
Lot and exterior features
Lot area
467.80 m²
Proximity
Highway, CEGEP, Daycare centre, Hospital, Metro, Park, Elementary school, High school, Public transportation, University
Characteristics
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2024)
- Lot assessment
- $ 645,600
- Building assessment
- $ 1,258,900
- Total
- $ 1,904,500
Taxes
- Municipal (2024)
- $ 11,685
- School (2024)
- $ 1,546
- Total
- $ 13,231
Gross annual revenues (potential)
- Residential
- $ 190,980
- Total
- $ 190,980
Inclusions and exclusions
Mortgage payment calculator
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