$999,900
ULS: 16294097
Quadruplex for sale - Montréal (Villeray/Saint-Michel/Parc-Extension) (Saint-Michel)
3645 - 3649 Rue Bélair, Montréal (Villeray/Saint-Michel/Parc-Extension) (Saint-Michel)
Sale without legal warranty of quality, at the buyer's risk and peril.
Property features
1
Bedroom
1
Bathroom
Addendum
Welcome to this exceptional opportunity to acquire a quadriplex ideally located in Villeray. This property represents a rare opportunity on the market.
Housing for owner-occupiers (3647):
- Spacious on 2 floors (ground floor and basement)
- 3 bedrooms, two upstairs and one in the basement.
- 2 full bathrooms
- Modern kitchen with island
- Bright living room
- Direct access to rear garden
- Perfect for comfortable living close to urban amenities
Three rental units:
- Each unit has 1 bedroom and 1 bathroom
- Ideal for maximizing rental income
Location:
- Steps from green parks and recreational areas
- Close to schools, facilitating access to education for families
- Walking distance to Saint-Michel metro, offering unparalleled urban accessibility
Renovations completed:
- Roof maintenance work carried out in July 2024
Calculations for investors:
Price: $1,049,000
Down payment: $209,800 (20%)
Interest rate: 4.49%
Amortization: 30 years
Mortgage payment: $4,230/month
Property taxes (municipal + school): $344/month
Building insurance: $150/month
Rental income: $5,685/month
Therefore, $5,685 - $4,230 - $344 - $150 = +$961/month cash flow
If rate drops to 3.99%, then cash flow of $1,207/month.
If rate falls to 3.49% then cash flow of $1,445/month.
Housing for owner-occupiers (3647):
- Spacious on 2 floors (ground floor and basement)
- 3 bedrooms, two upstairs and one in the basement.
- 2 full bathrooms
- Modern kitchen with island
- Bright living room
- Direct access to rear garden
- Perfect for comfortable living close to urban amenities
Three rental units:
- Each unit has 1 bedroom and 1 bathroom
- Ideal for maximizing rental income
Location:
- Steps from green parks and recreational areas
- Close to schools, facilitating access to education for families
- Walking distance to Saint-Michel metro, offering unparalleled urban accessibility
Renovations completed:
- Roof maintenance work carried out in July 2024
Calculations for investors:
Price: $1,049,000
Down payment: $209,800 (20%)
Interest rate: 4.49%
Amortization: 30 years
Mortgage payment: $4,230/month
Property taxes (municipal + school): $344/month
Building insurance: $150/month
Rental income: $5,685/month
Therefore, $5,685 - $4,230 - $344 - $150 = +$961/month cash flow
If rate drops to 3.99%, then cash flow of $1,207/month.
If rate falls to 3.49% then cash flow of $1,445/month.
Building details and property interior
Dimensions
40' X 28' irr.
Year constructed
1957
Roofing
Asphalt and gravel
Washer/Dryer (installation)
Bathroom (SS)
Basement
6 feet and more, Outdoor entrance, Finished basement
Lot and exterior features
Lot size
63' X 28' irr.
Lot area
1,828.79 ft²
Proximity
Daycare centre, Metro, Park, Bicycle path, Elementary school, High school, Public transportation
Room details
Unit 1 (Monthly residential revenue)
Rooms not detailed
Unit 2 (Monthly residential revenue)
Rooms not detailed
Unit 3 (Monthly residential revenue)
Living room
Level:
1st level/Ground floor
Dimensions:
11'3" X 8'7" irr.
Flooring:
Laminate floor
Details:
Dining room
Level:
1st level/Ground floor
Dimensions:
10'11" X 6'0" irr.
Flooring:
Laminate floor
Details:
Kitchen
Level:
1st level/Ground floor
Dimensions:
11'5" X 7'6" irr.
Flooring:
Laminate floor
Details:
Primary bedroom
Level:
1st level/Ground floor
Dimensions:
12'1" X 8'1" irr.
Flooring:
Laminate floor
Details:
Bathroom
Level:
1st level/Ground floor
Dimensions:
6'11" X 6'9" irr.
Flooring:
Ceramic
Details:
Family room
Level:
Basement 1
Dimensions:
26'3" X 11'1" irr.
Flooring:
Concrete
Details:
Bedroom
Level:
Basement 1
Dimensions:
8'11" X 8'8" irr.
Flooring:
Concrete
Details:
Bedroom
Level:
Basement 1
Dimensions:
9'7" X 7'7" irr.
Flooring:
Concrete
Details:
Bathroom
Level:
Basement 1
Dimensions:
10'5" X 5'11" irr.
Flooring:
Concrete
Details:
Storage
Level:
Basement 1
Dimensions:
7'0" X 3'3" irr.
Flooring:
Concrete
Details:
Workshop
Level:
Basement 1
Dimensions:
19'5" X 10'8" irr.
Flooring:
Concrete
Details:
Workshop
Level:
Basement 1
Dimensions:
18'4" X 7'1" irr.
Flooring:
Concrete
Details:
Unit 4 (Monthly residential revenue)
Rooms not detailed
Characteristics
Heating System
Convection baseboards, Electric baseboard units, Hot water
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Occupancy
Single
Financial details
Municipal assessment (2021)
- Lot assessment
- $ 141,000
- Building assessment
- $ 412,000
- Total
- $ 553,000
Taxes
- Municipal (2024)
- $ 3,670
- School (2024)
- $ 454
- Total
- $ 4,124
Gross annual revenues (potential)
- Residential
- $ 68,220
- Total
- $ 68,220
Inclusions and exclusions
Inclusions
4 water heaters.
Exclusions
All tenants' personal effects and the furniture of unit 3647 (negotiable).
Mortgage payment calculator
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