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$3,500,000 +GST/QST
ULS: 27453396

8-15-Plex for sale
8250 - 8254 Rue St-Hubert, Montréal (Villeray/Saint-Michel/Parc-Extension) (Villeray)

UNIQUE OPPORTUNITY to acquire a 13plex sitting on a lot of over 250 Square meters. Primarily located close to shops and services and approximately 200M from metro Jarry. This property features 10 residential units and 3 commercial spaces all of them leased. The commercial spaces comprise of a Beauty Salon, Depanneur and a Telecom business. Currently generating revenues of over $174k GROSS with great potential to increase revenues. Very good tenants! Contact us today for more information.
Sale without legal warranty of quality, at the buyer's risk and peril.

CARLOS REIS

Certified real estate broker

RE/MAX ACTION INC.

Don't Miss This Rare Investment Opportunity!

Own a 13-unit semi-commercial property situated on a spacious lot of over 250 square meters, ideally located just steps away from shops, services, and only 200 meters from Metro Jarry. This prime property includes 10 residential units and 3 thriving commercial spaces --currently occupied by a Beauty Salon, Depanneur, and Telecom business .

Key Highlights:
- Steady Income Stream: Generating over $174,000 in GROSS annual revenue with significant potential for growth.
- Reliable Tenants: Enjoy the benefits of long-term, high-quality tenants.
- Modern Upgrades:
- New roof installed in 2009.
- All windows and balcony doors replaced in 2018 (2nd and 3rd floors).
- Electrical panels upgraded in 2018.
- Gard-X Fire Detector/Alarm System installed in 2020 for added safety and conformity..
- No Hot Water Tank Rentals: All hot water tanks are owned by the building, saving you additional costs.

This is a turnkey investment with proven cash flow and room to grow. Whether you're expanding your portfolio or looking for a solid income-generating asset, this property is a must-see .

Act Now! Contact us today to schedule a viewing or for more details.

Year constructed 1922
Windows PVC
Window Type Sliding
Siding Brick
Roofing Asphalt and gravel
Basement 6 feet and more, Stockroom for Depanneur, Unfinished
Renovations Roof covering (2009), Electricity (2015)
Lot area 250 m²
Topography Sloped
Proximity CEGEP, Daycare centre, Hospital, Metro, Highway, Bicycle path, Elementary school, High school, Public transportation, Park
Heating System Electric baseboard units
Heating Energy Electricity
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2021)

Lot assessment
$ 275,000
Building assessment
$ 718,700
Total
$ 993,700

Taxes

Municipal (2024)
$ 13,889
School (2024)
$ 827
Total
$ 14,716

Annual expenses

Insurance
$ 9,000
Maintenance
$ 4,000
Total
$ 13,000

Energy expenses

Electricity
$ 1,900
Total
$ 1,900

Gross annual revenues (potential)

Residential
$ 107,760
Commercial
$ 66,996
Total
$ 174,756

Inclusions

11 Hot water tanks, 10 Stoves, 10 refrigirators

Desjardins

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