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Income properties for sale

2244, Rue Sherbrooke Est, Montréal (Ville-Marie), Neighbourhood Central

$2,675,000 or
$2,675,000 or

Income properties for sale

2244, Rue Sherbrooke Est, Montréal (Ville-Marie), Neighbourhood Central

Features

Lifestyle
23763912 2675000 /en/multi-family-properties~for-sale~montreal-ville-marie/23763912?view=Summary /fr/multifamilial~a-vendre~montreal-ville-marie/23763912 https://passerelle.centris.ca/redirect.aspx?NoMLS=23763912&Lang=E&source=centris.ca /en/multi-family-properties~for-sale~montreal-ville-marie/23763912/photos 45.5328060000 -73.5620180000 true
Use of property
Residential
Year built
1955
Lot area
2,886 sqft
Number of units
Residential (13)
Residential units
1 x 1 ½, 8 x 3 ½, 3 x 4 ½, 1 x 5 ½
Potential gross revenue
$193,116
96

Description

Frontenac metro station | 5 VACANT UNITS | 10 FULLY FURNISHED RENTAL UNITS. 13-unit building : 1 x 5.5, 3 x 4.5, 8 x 3.5 and 1 x 1.5. Located at the corner of Sherbrooke E and rue Messier, a 15-minute walk from the Frontenac metro station, close to Parc La Fontaine and many services. Heating/hot water at owner's expense. All other energy costs are paid by tenants. Considerable optimization potential!
Centris No. 23763912

Financial details

Municipal assessment (2023)
Lot $364,600
Building $2,116,500
Total $2,481,100
Taxes
Municipal (2024) $14,926
School (2025) $2,032
Total $16,958
Expenses
Electricity $950
Gas $13,921
Insurance $16,761
Total $31,632

Listing broker

Salah Wali Eddine Inc., Business corporation owned by a Residential and Commercial Real Estate Broker

Salah Wali Eddine Inc.

Business corporation owned by a Residential and Commercial Real Estate Broker

PMML

Real Estate Agency
PMML, Real Estate Agency

Location

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Discover Montréal (Ville-Marie)

Population (2016) 87,168
Population variation between 2011 and 2016 6%
Population density 6,414 hab/km2
Unemployment rate (2016) 10%

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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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