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Income properties for sale
8676, Avenue De L'Épée, Montréal (Villeray/Saint-Michel/Parc-Extension), Neighbourhood Parc-Extension
$1,400,000
$1,400,000
Income properties for sale
8676, Avenue De L'Épée, Montréal (Villeray/Saint-Michel/Parc-Extension), Neighbourhood Parc-Extension
Features
Use of property
Residential
Year built
1968
Lot area
3,136 sqft
Parking (total)
Garage (2)
Number of units
Residential (7)
Residential units
1 x 3 ½, 6 x 4 ½
Main unit
4 rooms, 2 bedrooms, 1 bathroom
Potential gross revenue
$53,669
Additional features
Basement 6 feet or +, Near the REM
Description
Get ahead of the curve on what is the next most centrally located, up-and-coming, and vibrant neighborhood on the island of Montreal undergoing a major transformation. Nestled on a residential street in Parc Extension, this semi-detached 7-plex with garage embodies location being walking distance from Marché Central, Howie Morenz Arena, parks, day cares, schools and public transport. Whether you're a seasoned investor or looking to enter the market, this 7-plex offers a significant revenue potential as the rents are below market. High rental demand in the area, with a growing population and influx of young professionals equals OPPORTUNITY
Centris No. 24353681
Need more details?
Visit the real estate broker's website to see the detailed sheet of this property.
Financial details
| Municipal assessment (2021) | |
|---|---|
| Lot | $378,700 |
| Building | $870,100 |
| Total | $1,248,800 |
| Taxes | |
|---|---|
| Municipal (2024) | $7,974 |
| School (2024) | $1,013 |
| Total | $8,987 |
| Expenses | |
|---|---|
| Electricity | $2,299 |
| Insurance | $6,202 |
| Total | $8,501 |
See all financial details
