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Income properties for sale

610 - 614, Avenue Champagneur, Montréal (Outremont)

$8,900,000 +GST/QST or
$8,900,000 +GST/QST or

Income properties for sale

610 - 614, Avenue Champagneur, Montréal (Outremont)

Features

Lifestyle
28000877 8900000 /en/multi-family-properties~for-sale~montreal-outremont/28000877?view=Summary /fr/multifamilial~a-vendre~montreal-outremont/28000877 https://passerelle.centris.ca/redirect.aspx?NoMLS=28000877&Lang=E&source=centris.ca /en/multi-family-properties~for-sale~montreal-outremont/28000877/photos 45.5198715400 -73.6091905700 true
Use of property
Residential, Commercial
Year built
1924
Building area (at ground level)
6,000 sqft
Living area
6,000 sqft
Number of units
Residential (12), Commercial (5)
Residential units
4 x 3 ½, 4 x 4 ½, 4 x 5 ½
Potential gross revenue
$535,756
98

Description

Ideal location, in the heart of Outremont, corner of Bernard (1257 and 1261 Av. Bernard) and Champagneur (610-612-614 Av. Champagneur), opposite Théatre Outremont. Pedestrian street in summer, terraces, various shops, outdoor shows. This magnificent 60-by-100-foot building houses meticulously maintained apartments with an Outremont style, as well as several offices and shops. Exceptional setting with easy access to downtown.
Centris No. 28000877

Financial details

Municipal assessment (2024)
Lot $699,500
Building $6,601,300
Total $7,300,800
Taxes
Municipal (2024) $108,708
School (2024) $6,145
Total $114,853
Expenses
Electricity $3,277
Gas $3,269
Alarm system $900
Insurance $17,062
Equipment (rental) $1,200
Total $25,708

Listing broker

Mitzi Morganti, Certified Residential and Commercial Real Estate Broker AEO

Mitzi Morganti

Certified Residential and Commercial Real Estate Broker AEO

GROUPE SUTTON IMMOBILIA INC.

Real Estate Agency
GROUPE SUTTON IMMOBILIA INC., Real Estate Agency

Location

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Discover Montréal (Outremont)

Population (2016) 23,954
Population variation between 2011 and 2016 2%
Population density 6,254 hab/km2
Unemployment rate (2016) 6%

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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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