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Income properties for sale

645, Rue Saint-Roch, Montréal (Villeray/Saint-Michel/Parc-Extension), Neighbourhood Parc-Extension

$1,599,900 or
$1,599,900 or

Income properties for sale

645, Rue Saint-Roch, Montréal (Villeray/Saint-Michel/Parc-Extension), Neighbourhood Parc-Extension

Features

Lifestyle
16893346 1599900 /en/multi-family-properties~for-sale~montreal-villeray-saint-michel-parc-extension/16893346?view=Summary /fr/multifamilial~a-vendre~montreal-villeray-saint-michel-parc-extension/16893346 https://passerelle.centris.ca/redirect.aspx?NoMLS=16893346&Lang=E&source=centris.ca /en/multi-family-properties~for-sale~montreal-villeray-saint-michel-parc-extension/16893346/photos 45.5293369500 -73.6297841300 true
Use of property
Residential
Year built
1963
Lot area
3,784 sqft
Parking (total)
Driveway (4)
Number of units
Residential (8)
Residential units
1 x 2 ½, 1 x 3 ½, 6 x 4 ½
Main unit
4 rooms, 2 bedrooms, 1 bathroom
Potential gross revenue
$78,192
Additional features
Basement 6 feet or +, Near the REM
95

Description

Clean, well maintained and well managed eight unit apartment building in an unbeatable location of Park-Ex just steps from all services, amenities and transportation making it the ideal investment opportunity that will always have a low vacancy rate. This property not only offers exponential room for growth in revenues through units and parking but also a slew of opportunities through municipal transformations that can be done to the building to convert to commercial, extend the building (at the back) and so much more! If you are looking for a safe and diverse investment opportunity, here she is!
Centris No. 16893346

Financial details

Municipal assessment (2024)
Lot $351,500
Building $1,191,300
Total $1,542,800
Taxes
Municipal (2024) $9,745
School (2024) $1,666
Total $11,411
Expenses
Electricity $7,338
Insurance $7,574
hot water tank rentals (7) $1,291
Total $16,203

Listing broker

Marco Moranelli, Residential and Commercial Real Estate Broker

Marco Moranelli

Residential and Commercial Real Estate Broker
Marco Moranelli Inc.

RE/MAX ALLIANCE INC.

Real Estate Agency
RE/MAX ALLIANCE INC., Real Estate Agency

Location

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Discover Montréal (Villeray/Saint-Michel/Parc-Extension)

Population (2016) 143,853
Population variation between 2011 and 2016 1%
Population density 8,692 hab/km2
Unemployment rate (2016) 11%

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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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