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$6,900,000
ULS: 25013908

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

4595 Av. St-Kevin, Montréal (Côte-des-Neiges/Notre-Dame-de-Grâce) (Côte-des-Neiges)
Discover a prime investment opportunity with this versatile apartment building featuring 32 rental units. The property includes 16 established units, complemented by 16 modern units added in a newly constructed section in 2019. An exciting potential for a 33rd unit enhances growth prospects. Additional revenue streams from laundry facilities and parking further increase profitability. Conveniently situated near the metro and other public transport options, this location is ideal for attracting tenants, with nearby universities and hospitals ensuring consistent demand. Don't miss out on this exceptional investment opportunity!
Sale without legal warranty of quality, at the buyer's risk and peril.

Property features

1 Bedroom
1 Bathroom

NIRUTHAN NAGALINGAM

Real Estate Broker

RE/MAX ACTION INC.

RADHA SIVAGNANAM

Certified real estate broker

RE/MAX ACTION INC.

Year constructed 2019
Windows PVC, Aluminum
Window Type Sliding, Casement
Roofing Elastomeric membrane
Garage Attached
Basement Finished basement, 6 feet and more
Driveway Asphalt
Parking (total) Garage (1), Driveway (4)
Proximity Metro, Park, Elementary school, High school, Public transportation, University, Highway, Hospital
Heating System Electric baseboard units
Heating Energy Electricity
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2023)

Lot assessment
$ 475,800
Building assessment
$ 3,880,200
Total
$ 4,356,000

Taxes

Municipal (2024)
$ 26,538
School (2024)
$ 3,539
Total
$ 30,077

Annual expenses

Superintendent
$ 6,000
Total
$ 6,000

Energy expenses

Electricity
$ 7,572
Total
$ 7,572

Gross annual revenues (potential)

Residential
$ 388,860
Total
$ 388,860
Desjardins

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