Quintuplex for sale
5585, Avenue Gatineau, Montréal (Côte-des-Neiges/Notre-Dame-de-Grâce), Neighbourhood Côte-des-Neiges
$2,495,000
$2,495,000
Quintuplex for sale
5585, Avenue Gatineau, Montréal (Côte-des-Neiges/Notre-Dame-de-Grâce), Neighbourhood Côte-des-Neiges
Features
Use of property
Residential
Building style
Detached
Year built
1931
Lot area
4,896 sqft
Parking (total)
Driveway (1), Garage (3)
Number of units
Residential (5)
Residential units
2 x 3 ½, 2 x 5 ½, 1 x Other
Main unit
5 rooms, 3 bedrooms, 1 bathroom
Potential gross revenue
$145,104
Additional features
Basement 6 feet or +
Move-in date
According to leases
Description
An exceptional opportunity awaits at 5585 Avenue Gatineau -- a distinctive property located on one of Montreal's most esteemed streets. Situated between Boulevard Edouard Montpetit and Chemin de la Côte Sainte-Catherine, 5585 Avenue Gatineau is a magnet for discerning investors, renters, and property owners. This exquisite structure harkens back to the elegance and grandeur of the 1930s, boasting high ceilings, large units, and quality construction. The building is in excellent condition throughout. The alarm system and panel were just upgraded in recent months.
Centris No. 10238625
Financial details
| Municipal assessment (2021) | |
|---|---|
| Lot | $648,200 |
| Building | $906,600 |
| Total | $1,554,800 |
| Taxes | |
|---|---|
| Municipal (2024) | $9,472 |
| School (2024) | $1,248 |
| Total | $10,720 |
| Expenses | |
|---|---|
| Electricity | $4,799 |
| Gas | $2,536 |
| Wifi to tenants | $1,020 |
| Insurance | $7,106 |
| Superintendent | $1,000 |
| Maintenance | $3,050 |
| Management/Administration | $7,146 |
| appliance reseve | $550 |
| Total | $27,207 |
See all financial details