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Income properties for sale

438A - 440A, Avenue Mount-Stephen, Westmount

$11,000,000 or
$11,000,000 or

Income properties for sale

438A - 440A, Avenue Mount-Stephen, Westmount

Features

Lifestyle
19189997 11000000 /en/multi-family-properties~for-sale~westmount/19189997?view=Summary /fr/multifamilial~a-vendre~westmount/19189997 https://passerelle.centris.ca/redirect.aspx?NoMLS=19189997&Lang=E&source=centris.ca /en/multi-family-properties~for-sale~westmount/19189997/photos 45.4832520000 -73.6003560000 true
Use of property
Residential
Year built
1908
Living area
37,000 sqft
Lot area
15,248 sqft
Number of units
Residential (29)
Residential units
1 x 4 ½, 28 x 5 ½
Potential gross revenue
$470,556
92

Description

Unique opportunity to acquire a beautiful and rare Westmount beauty. 29-plex with potential 3 additional units becoming a 32-plex with an incredible upside and major potential for rent increase. This multi-residential property consists of 28 x 5.5 suites & 1 x 4.5 suite, located in a prime Westmount location, steps from Westmount Park. The property spans over 37,000 square feet with the potential to add 3 more units at the ground/garden level. Each unit features approximately 1,000 SF + | - of living area. The laundry room equipped with 6 machines (3 washers & 3 dryers). 2 Exterior Tandem Parking Spaces.
Centris No. 19189997

Financial details

Municipal assessment (2024)
Lot $2,850,200
Building $5,965,500
Total $8,815,700
Taxes
Municipal (2024) $55,953
School (2024) $7,276
Total $63,229

Listing broker

Amy Assaad, Certified Residential and Commercial Real Estate Broker AEO

Amy Assaad

Certified Residential and Commercial Real Estate Broker AEO
Amy Assaad Inc.

ROYAL LEPAGE DU QUARTIER

Real Estate Agency
ROYAL LEPAGE DU QUARTIER, Real Estate Agency

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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