Income properties for sale
1601, Avenue du Mont-Royal Est, Montréal (Le Plateau-Mont-Royal), Neighbourhood Le Plateau-Mont-Royal
$1,950,000
+GST/QST
$1,950,000 +GST/QST
Income properties for sale
1601, Avenue du Mont-Royal Est, Montréal (Le Plateau-Mont-Royal), Neighbourhood Le Plateau-Mont-Royal
Features
Use of property
Residential, Commercial
Year built
1910
Building area (at ground level)
2,370 sqft
Living area
5,100 sqft
Lot area
2,418 sqft
Number of units
Residential (2), Commercial (1)
Residential units
2 x 5 ½
Potential gross revenue
$162,300
Description
This 5,100-square-foot building has been very well maintained, the Asset was fully renovated in 1992, and the roof was redone in 2012. It counts two spacious three-bedroom apartments of approximately 1,360 square feet. Both apartments are heated with electric baseboards, and have air conditioning units, washers, dryers and dishwashers along with terraces in the rear with balconies on the side. Additionally, each unit is separately metered at the tenant's expense. The vacant ground-floor commercial space, has 25 feet of frontage and an approximate square footage of 2,370 square feet. It also has a delivery door door at the rear.
Centris No. 23626587
Financial details
| Municipal assessment (2024) | |
|---|---|
| Lot | $475,000 |
| Building | $708,200 |
| Total | $1,183,200 |
| Taxes | |
|---|---|
| Municipal (2024) | $25,924 |
| School (2024) | $971 |
| Total | $26,895 |
| Expenses | |
|---|---|
| Insurance | $6,660 |
| Total | $6,660 |
See all financial details