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Income properties for sale

8645 - 8649, Rue Hochelaga, Montréal (Mercier/Hochelaga-Maisonneuve), Neighbourhood Hochelaga-Maisonneuve

$4,495,000 or
$4,495,000 or

Income properties for sale

8645 - 8649, Rue Hochelaga, Montréal (Mercier/Hochelaga-Maisonneuve), Neighbourhood Hochelaga-Maisonneuve

Features

Lifestyle
26510673 4495000 /en/multi-family-properties~for-sale~montreal-mercier-hochelaga-maisonneuve/26510673?view=Summary /fr/multifamilial~a-vendre~montreal-mercier-hochelaga-maisonneuve/26510673 https://passerelle.centris.ca/redirect.aspx?NoMLS=26510673&Lang=E&source=centris.ca /en/multi-family-properties~for-sale~montreal-mercier-hochelaga-maisonneuve/26510673/photos 45.6007830000 -73.5205210000 true
Use of property
Residential, Commercial
Year built
2022
Available commercial area
From 1,820 sqft to 3,782 sqft
Lot area
4,761 sqft
Number of units
Residential (12), Commercial (2)
Residential units
6 x 2 ½, 6 x 3 ½
Potential gross revenue
$295,056
95

Description

New building with 12 apartments and 2 shops. The 3-storey building consists of (6 x 3.5 + 6 x 2.5 ) wall-mounted A/C units and (5) owner-supplied appliances. In addition, there's a basement of over 3000 sq. ft. for storage and two major fast-food franchises (Subway and Basha) are on the ground floor with long-term leases. A simple asset to manage!
Centris No. 26510673

Financial details

Municipal assessment (2024)
Lot $265,400
Building $2,648,600
Total $2,914,000
Taxes
Municipal (2024) $30,951
School (2024) $2,353
Total $33,304
Expenses
Electricity $4,471
Gas $3,306
Insurance $11,339
Total $19,116

Listing broker

Amine Menard, Commercial Real Estate Broker

Amine Menard

Commercial Real Estate Broker
Amine Menard inc.

PMML

Real Estate Agency
PMML, Real Estate Agency

Location

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Discover Montréal (Mercier/Hochelaga-Maisonneuve)

Population (2016) 136,024
Population variation between 2011 and 2016 3%
Population density 5,347 hab/km2
Unemployment rate (2016) 9%

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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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