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
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