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Income properties for sale

4941 - 4943, Rue Sherbrooke Ouest, Westmount

$3,250,000 +GST/QST or
$3,250,000 +GST/QST or

Income properties for sale

4941 - 4943, Rue Sherbrooke Ouest, Westmount

Features

Lifestyle
17118290 3250000 /en/multi-family-properties~for-sale~westmount/17118290?view=Summary /fr/multifamilial~a-vendre~westmount/17118290 /en/multi-family-properties~for-sale~westmount/17118290/photos 45.4775370000 -73.6054160000 true
Use of property
Residential, Commercial
Year built
1941
Building area (at ground level)
1,760 sqft
Living area
4,998 sqft
Lot area
2,996 sqft
Number of units
Residential (4), Commercial (1)
Residential units
4 x 3 ½
Potential gross revenue
$212,400
98

Description

Rare! Westmount Three-story semi-commercial building comprised of four one-bedroom residential units and one ground-floor commercial space of 1,760 sf with 30 ft ceiling currently unoccupied. The property is a 4,998-square-foot building situated at the intersection of Sherbrooke Street West and Claremont Street. The Asset was constructed in 1941 and has been properly maintained throughout the years. In 2021, the roof was replaced, and all the apartments underwent complete renovations in 2023. Every apartment now has its own washer and dryer, is heated with an electric baseboard, and has a separate meter that tenants are responsible for.
Centris No. 17118290

Financial details

Municipal assessment (2024)
Lot $338,300
Building $2,043,900
Total $2,382,200
Taxes
Municipal (2024) $45,963
School (2024) $1,910
Total $47,873
Expenses
Insurance $17,381
Total $17,381

Listing broker

Armen Markarian, Commercial Real Estate Broker

Armen Markarian

Commercial Real Estate Broker

ARMEN MARKARIAN

Commercial Real Estate Broker

Location

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Discover Westmount

Population (2016) 20,312
Population variation between 2011 and 2016 2%
Population density 5,028 hab/km2
Unemployment rate (2016) 6%

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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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