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Income properties for sale

3881 - 3887, boulevard Édouard-Montpetit, Montréal (Côte-des-Neiges/Notre-Dame-de-Grâce), Neighbourhood Côte-des-Neiges

$3,200,000 or
$3,200,000 or

Income properties for sale

3881 - 3887, boulevard Édouard-Montpetit, Montréal (Côte-des-Neiges/Notre-Dame-de-Grâce), Neighbourhood Côte-des-Neiges

Features

Lifestyle
14020206 3200000 /en/multi-family-properties~for-sale~montreal-cote-des-neiges-notre-dame-de-grace/14020206?view=Summary /fr/multifamilial~a-vendre~montreal-cote-des-neiges-notre-dame-de-grace/14020206 https://passerelle.centris.ca/redirect.aspx?NoMLS=14020206&Lang=E&source=centris.ca /en/multi-family-properties~for-sale~montreal-cote-des-neiges-notre-dame-de-grace/14020206/photos 45.4953800000 -73.6259520000 true
Use of property
Residential
Year built
1945
Lot area
5,035 sqft
Number of units
Residential (12)
Residential units
8 x 2 ½, 2 x 4 ½, 2 x 5 ½
Potential gross revenue
$190,980
95

Description

This 12-unit revenue property offers a prime investment opportunity in a quiet neighborhood, close to amenities and public transportation. The building includes 4 fully renovated units (original 1945 construction) with updated plumbing and electrical, and 8 newly constructed units (2020). The landlord covers heating, electricity, and hot water for the entire building, providing a hassle-free experience for tenants. With a mix of modern and fully updated units, this property is ideal for long-term rental income. Situated in a high-demand area, it's perfect for investors seeking a low-maintenance, cash-flowing asset. Schedule a viewing today!
Centris No. 14020206

Financial details

Municipal assessment (2024)
Lot $645,600
Building $1,258,900
Total $1,904,500
Taxes
Municipal (2024) $11,685
School (2024) $1,546
Total $13,231

Listing brokers

Nagalingam Niruthan Inc., Business corporation owned by a Residential and Commercial Real Estate Broker

Nagalingam Niruthan Inc.

Business corporation owned by a Residential and Commercial Real Estate Broker

RE/MAX ACTION

Real Estate Agency
RE/MAX ACTION, Real Estate Agency
Radha Sivagnanam, Certified Residential and Commercial Real Estate Broker

Radha Sivagnanam

Certified Residential and Commercial Real Estate Broker
Radha Sivagnanam Inc.

RE/MAX ACTION

Real Estate Agency
RE/MAX ACTION, Real Estate Agency

Location

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Discover Montréal (Côte-des-Neiges/Notre-Dame-de-Grâce)

Population (2016) 166,011
Population variation between 2011 and 2016 1%
Population density 7,718 hab/km2
Unemployment rate (2016) 11%

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property. Click here for more information.
  • Learn more about property transfer tax by clicking here.
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