Income properties for sale
7597 - 7585, Rue Édouard, Montréal (LaSalle)
$1,649,000
+GST/QST
Features
Use of property
Residential, Commercial
Year built
1934
Available commercial area
2,800 sqft
Building area (at ground level)
7,040 sqft
Living area
7,040 sqft
Lot area
12,034,254 sqft
Number of units
Residential (6), Commercial (1)
Residential units
1 x 3 ½, 4 x 4 ½, 1 x 5 ½
Main unit
4 rooms, 2 bedrooms, 1 bathroom
Potential gross revenue
$103,178
Description
Well-maintained 7-plex in Lasalle, Montreal, just 4 minutes from the St. Lawrence River. This property offers great income potential and is perfect for investors. The building includes 6 residential units (1 x 5½, 1 x 3½, 4 x 4½), with the first-floor units converted from commercial space in 2006. A long-standing depanneur occupies the only commercial space, with a lease running until 2028. Tenants pay electricity, and the owner's costs are limited to municipal taxes, school taxes, and insurance. Stable income and growth potential!
Centris No. 14206605
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Visit the real estate broker's website to see the detailed sheet of this property.
Financial details
Municipal assessment (2024) | |
---|---|
Lot | $331,900 |
Building | $555,500 |
Total | $887,400 |
Taxes | |
---|---|
Municipal (2024) | $9,159 |
School (2024) | $730 |
Total | $9,889 |
Expenses | |
---|---|
Insurance | $4,059 |
Maintenance | $1,500 |
Total | $5,559 |
See all financial details