$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 11-unit revenue property offers a prime investment opportunity in a quiet neighborhood,near to amenities and public transport. The building includes 3 fully renovated units(orig.1945 construction) with updated plumbing and electrical,and 8 newly constructed units (2020). The landlord covers heating,electricity & hot water for 10 units providing a hassle-free experience for tenants. One tenant pays their own Electricity. 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.
Sale without legal warranty of quality, at the buyer's risk and peril.
NIRUTHAN NAGALINGAM
Real Estate Broker
RADHA SIVAGNANAM
Certified real estate broker
Addendum
As of 3rd of Nov. 2024, the monthly rent amounts are as follows:
Original 1945 construction section
#1 $3200(5 1/2)
#2 - $3000(5 1/2)
#3 - $2075(4 1/2)
Newly constructed section(2020)
#1 - $1360(4 1/2)
#2 - $1340(4 1/2)
#3 - $950(2 1/2)
#4 - $925(2 1/2)
#5 - $900(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 10 dwellings and one tenant pays their own.
Original 1945 construction section
#1 $3200(5 1/2)
#2 - $3000(5 1/2)
#3 - $2075(4 1/2)
Newly constructed section(2020)
#1 - $1360(4 1/2)
#2 - $1340(4 1/2)
#3 - $950(2 1/2)
#4 - $925(2 1/2)
#5 - $900(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 10 dwellings and one tenant pays their own.
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
- $ 196,980
- Total
- $ 196,980
Inclusions and exclusions
Mortgage payment calculator
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