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Income properties for sale

3620 - 3630, Rue Hutchison, Montréal (Le Plateau-Mont-Royal), Neighbourhood Le Plateau-Mont-Royal

$11,750,000 or
$11,750,000 or

Income properties for sale

3620 - 3630, Rue Hutchison, Montréal (Le Plateau-Mont-Royal), Neighbourhood Le Plateau-Mont-Royal

Features

Lifestyle
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Use of property
Residential
Year built
1953
Lot area
9,001 sqft
Parking (total)
Driveway (4)
Number of units
Residential (42)
Residential units
24 x 2 ½, 18 x 3 ½
Potential gross revenue
$583,536
98

Description

42 units in the heart of McGill Ghetto / Milton Parc. 2 X 21 units. Exceptional location next to McGill University. Located steps away from Place-des-Arts Metro station, Percival Molson Memorial Stadium. Extremely sought after location by students and tourists. A few blocks from Downtown, Mount-Royal, and Eaton Center. Good potential for rent increase. This gem of a property is rare on the market.
Centris No. 14531217

Financial details

Municipal assessment (2021)
Lot $2,048,600
Building $5,964,300
Total $8,012,900
Taxes
Municipal (2024) $50,559
School (2023) $6,262
Total $56,821
Expenses
Electricity $2,409
Gas $23,196
Insurance $17,280
Total $42,885

Listing broker

Mandougou Boicel, Certified Residential and Commercial Real Estate Broker AEO

Mandougou Boicel

Certified Residential and Commercial Real Estate Broker AEO

LES IMMEUBLES SILVER SPOON / SILVER SPOON REALTY

Real Estate Agency
LES IMMEUBLES SILVER SPOON / SILVER SPOON REALTY, Real Estate Agency

Location

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Discover Montréal (Le Plateau-Mont-Royal)

Population (2016) 104,000
Population variation between 2011 and 2016 4%
Population density 12,855 hab/km2
Unemployment rate (2016) 8%

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
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