Photo Main Photo of the property
$4,900,000
ULS: 19458522

16+-Plex for sale - Montréal (Côte-des-Neiges/Notre-Dame-de-Grâce) (Côte-des-Neiges)

3885 Boul. Édouard-Montpetit, Montréal (Côte-des-Neiges/Notre-Dame-de-Grâce) (Côte-des-Neiges)
Originally construction of this apartment building featured seven units, but has been enhanced by the recent addition of fifteen stylish 2½ apartments in a newly constructed section. Situated within walking distance of the metro and various public transport options, this prime location is perfect for attracting a diverse tenant base. With nearby universities and hospitals, demand for rentals remains consistently strong. The property offers an excellent investment opportunity. Don't miss this chance to own a piece of real estate in a sought-after area! *See addendum for rent details
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.

Original 1944 construction:
(Tenants pay heating+electricity and water heater rental)
1 - 4 1/2 - $1,900
2 - 4 1/2 - $1,350
3 - 4 1/2 - $1,850
4 - 4 1/2 - $1,850
5 - 3 1/2 - $825

Heating + electricity + hot water are included in the rent for the following apartments:
(In 1944 costructed building)
6 - 4 1/2 - $1,300
7 - 2 1/2 - $725
(In newly constructed section).
All 2 1/2, landlord pays heating+electricity and hot water(large water heater owned by owner)
01 - 850
02 - $640
03 - $850
04 - $850
05 - $650
06 - $925
07 - $850
08 - $850
09 - $825
10 - $850
11 - $800
12 - $775
13 - $875
14 - $750
15 - $775
Dimensions 35' 11" X 53' irr.
Year constructed 1944
Siding Brick, Vinyl
Roofing Elastomeric membrane
Lot size 48' X 143' 8" irr.
Lot area 639 m²
Driveway Asphalt
Parking (total) Driveway (3)
Heating System Electric baseboard units
Heating Energy Electricity
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2021)

Lot assessment
$ 874,800
Building assessment
$ 1,552,000
Total
$ 2,426,800

Taxes

Municipal (2024)
$ 14,917
School (2024)
$ 1,980
Total
$ 16,897

Energy expenses

Electricity
$ 8,900
Total
$ 8,900

Gross annual revenues (potential)

Residential
$ 262,980
Total
$ 262,980
Desjardins

Mortgage payment calculator

$
$
$
%

Learn more about this property's neighbourhood

The sector in a few statistics

What you need to know about real estate