Photo Main Photo of the property
$1,425,000
ULS: 19755351

Quadruplex for sale
3037 - 3041 Rue Noorduyn, Montréal (Saint-Laurent) (Saint-Laurent North)

Freestanding all-Brick 4-Plex in the heart of St-Laurent, owner occupancy available February 2025. Located on a 6,250 sqft lot with no rear neighbors, this versatile and profitable 4-plex features 4 spacious 4 ½ apartments, 3 outdoor parking spaces, and 6 indoor spaces with tenant lockers. Heated by natural gas and hot water (paid by owner), tenants cover their electricity. Generating $61,020/year, including garage revenue from an external lease, this property offers excellent income potential. Strategically located near transport (Bois-Franc REM 0.8 km), schools (Vanier College 3 km), and shopping (Place Vertu 2 km), it's a prime investment.

Property features

2 Bedrooms
1 Bathroom

ATHYNA PAPACHRISTOU

Real Estate Broker

RE/MAX 2000 INC.

CATHERINE PAPACHRISTOU

Certified Real Estate Broker, AEO

RE/MAX 2000 INC.

CHRIS JEREMY PAPACHRISTOU

Real Estate Broker

RE/MAX 2000 INC.

Freestanding All-Brick 4-Plex in the heart of St-Laurent offering owner occupancy as of February 2025.

Nestled on a generous 6,250 sqft lot, with no rear neighbours, this impressive 4-plex offers versatility and profitability with great optimization potential. The property is heated by natural gas and hot water, heating paid by owner and electricity paid by the tenants. The building features four spacious 4 ½ apartments, complemented by 3 outdoor parking spaces and 6 indoor parking spaces equipped with lockers for tenant convenience.

With a steady rental revenue of $61,020 per year, this property is an excellent income-generating opportunity. The annual income includes garage revenue for 1 parking spaced leased to a non-occupant of the building. Strategically located, it is surrounded by a wealth of amenities and enjoys exceptional access to transportation options making it attractive to potential tenants.

Owner-occupancy opportunity: Unit 3037 will be available for occupancy as of February 2025, making this a exceptional find for both investors and homeowners seeking to establish or grow their real estate portfolio.

P.S. The annual expenditure for gas consumption is based on the period from September 2023 to September 2024.

Here are just a few location Highlights that set this property apart:

Transport

-Bois-Franc REM Station: Approximately 0.8 km (10-min. walk)
-STM Bus Routes (121, 171, 70): Bus stops are within 0.5 km
-Highway 13 and Highway 40: Entrances are about 2 km away

Access to renowned schools

-Vanier College: Approx. 3 km away
-LaurenHill Academy: Around 3 km away
-Cégep de Saint-Laurent: Approximately 4 km
-College Bois de Boulogne : Approximately 5 km

Healthcare

-Saint-Laurent Medical Clinic: Approximately 3 km
-Hôpital du Sacré-Coeur de Montréal: Around 5 km

Shopping and travel

-Only 6k to Montréal--Trudeau International Airport
-Only 2 km to Place Vertu Shopping Centre

Don't miss this outstanding property!
Year constructed 1969
Siding Brick
Garage Double width or more, Built-in
Lot area 580.60 m²
Driveway Asphalt
Parking (total) Garage (6), Driveway (3)
Proximity Daycare centre, Hospital, Metro, Park, Bicycle path, Elementary school, Réseau Express Métropolitain (REM), High school, Commuter train, Public transportation, Highway, CEGEP
Heating System Hot water
Heating Energy Natural gas
Rented Equipment (monthly) Water heater (4, 109)
Water Supply Municipality
Sewage System Municipality
Occupancy Single

Financial details

Municipal assessment (2025)

Lot assessment
$ 391,900
Building assessment
$ 541,300
Total
$ 933,200

Taxes

Municipal (2024)
$ 5,960
School (2024)
$ 753
Total
$ 6,713

Annual expenses

Snow removal
$ 736
Equipment (rental)
$ 1,312
Total
$ 2,048

Energy expenses

Gas
$ 5,595
Total
$ 5,595

Gross annual revenues (potential)

Residential
$ 60,120
Parking
$ 900
Total
$ 61,020
Desjardins

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