Income properties for sale
1650 - 1359, Rue Sainte-Catherine Est, Montréal (Ville-Marie), Neighbourhood Central
$3,995,000
+GST/QST
$3,995,000 +GST/QST
Income properties for sale
1650 - 1359, Rue Sainte-Catherine Est, Montréal (Ville-Marie), Neighbourhood Central
Features
Use of property
Residential, Commercial
Year built
1875
Number of units
Residential (6), Commercial (2)
Residential units
4 x 5 ½, 2 x 6 ½
Potential gross revenue
$241,344
Description
Here are two buildings with a total of 8 units. The building has 2 solid commercial tenants and 6 large residential apartments. Located near the Papineau metro station, in a dynamic area close to downtown, it offers excellent profitability, ideal for investors. The building benefits from a strategic location, offering strong rental potential and financial stability.
Centris No. 16354975
Financial details
| Municipal assessment (2024) | |
|---|---|
| Lot | $610,400 |
| Building | $1,514,600 |
| Total | $2,125,000 |
| Taxes | |
|---|---|
| Municipal (2024) | $28,751 |
| School (2024) | $1,786 |
| Total | $30,537 |
| Expenses | |
|---|---|
| Insurance | $16,589 |
| Recovery of expenses | -$11,304 |
| Total | $5,285 |
See all financial details