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Income properties for sale
11964, Avenue Matte, Montréal (Montréal-Nord)
$1,699,000
$1,699,000
Income properties for sale
11964, Avenue Matte, Montréal (Montréal-Nord)
Features
Use of property
Residential
Year built
1973
Lot area
5,175 sqft
Parking (total)
Driveway (4)
Number of units
Residential (8)
Residential units
2 x 3 ½, 2 x 4 ½, 4 x 5 ½
Main unit
5 rooms, 3 bedrooms, 1 bathroom
Potential gross revenue
97,296 $
Description
Magnificent 8-plex built in 1973, featuring four 5½, two 4½, and two 3½ units, ideally located near services, parks, and public transit. The property has stable tenants with strong potential for rent increases. Recent updates include aluminum railings, windows, and patio doors, with five renovated apartments. Heating is provided by electric baseboards paid by tenants, while the owner covers hot water and stairwell heating. A great investment opportunity with excellent growth potential!
Centris No. 23528792
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Financial details
| Municipal assessment (2025) | |
|---|---|
| Lot | $288,500 |
| Building | $651,000 |
| Total | $939,500 |
| Taxes | |
|---|---|
| Municipal (2025) | $7,003 |
| School (2024) | $761 |
| Total | $7,764 |
| Expenses | |
|---|---|
| Electricity | $3,430 |
| Insurance | $6,579 |
| Superintendent | $1,740 |
| Total | $11,749 |
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