$1,275,000
New
ULS: 12545308
Quadruplex
for sale
2351 - 2357 Rue Jean-Talon E., Montréal (Villeray/Saint-Michel/Parc-Extension) (Villeray)
Property features
2
Bedrooms
1
Bathroom
JOE MAGRI
Real Estate Broker
RE/MAX EXCELLENCE INC.
GIULIANO AGOSTINO
Residential Real Estate Broker
RE/MAX EXCELLENCE INC.
Addendum
Semi-Commercial Property for Sale. This semi-commercial property offers an excellent investment opportunity with a mix of residential and commercial units. Well-maintained and centrally located, the building includes the following:
Residential Units:
- 4 ½ Unit upstairs renting for $970/month
- 3 ½ Unit upstairs renting for $811/month
Commercial Locals:
- Local 2351 - Café Zezin:
- 850 sqft main space + 850 sqft basement
- Includes one dedicated parking space.
- Tenant pays municipal tax contribution of $3,518.52.
- Local 2357 - Hair Salon:
- 445 sqft main space + 460 sqft basement.
- Includes one dedicated parking space.
- Tenant pays municipal tax contribution of $2,113.80.
Notable Features:
- Each commercial unit benefits from a private parking space for added convenience.
- The property underwent significant renovations in 2012 following a fire caused by the kitchen of the previous restaurant. Repairs included updates to plumbing, electricity, and other essential systems, totaling +/- $130,000.
A reliable income-generating property with potential for further growth.
Contact us today for more details or to arrange a visit!
Residential Units:
- 4 ½ Unit upstairs renting for $970/month
- 3 ½ Unit upstairs renting for $811/month
Commercial Locals:
- Local 2351 - Café Zezin:
- 850 sqft main space + 850 sqft basement
- Includes one dedicated parking space.
- Tenant pays municipal tax contribution of $3,518.52.
- Local 2357 - Hair Salon:
- 445 sqft main space + 460 sqft basement.
- Includes one dedicated parking space.
- Tenant pays municipal tax contribution of $2,113.80.
Notable Features:
- Each commercial unit benefits from a private parking space for added convenience.
- The property underwent significant renovations in 2012 following a fire caused by the kitchen of the previous restaurant. Repairs included updates to plumbing, electricity, and other essential systems, totaling +/- $130,000.
A reliable income-generating property with potential for further growth.
Contact us today for more details or to arrange a visit!
Building details and property interior
Dimensions
32' X 50'
Year constructed
1951
Lot and exterior features
Lot size
32' X 93'
Lot area
3,197 ft²
Characteristics
Rented Equipment (monthly)
Water heater (1, 15)
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2024)
- Lot assessment
- $ 265,100
- Building assessment
- $ 504,900
- Total
- $ 770,000
Taxes
- Municipal (2024)
- $ 10,621
- School (2024)
- $ 628
- Total
- $ 11,249
Annual expenses
- Insurance
- $ 3,750
- Total
- $ 3,750
Gross annual revenues (potential)
- Residential
- $ 21,372
- Commercial
- $ 43,072
- Parking
- $ 1,500
- Total
- $ 65,944
Inclusions and exclusions
Mortgage payment calculator
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