Located in a prime location, this 8-unit income property presents an excellent investment opportunity. Positioned on a corner lot, it offers high visibility and easy access for tenants. Ideally situated across from a school, close to public transportation and shopping centers, it ensures strong rental demand and a convenient living environment. Well-maintained and generating stable rental income, this property is a great choice for an investor looking for a profitable and well-located asset.
40'2" X 42'11" Irregular
1965
Sliding
Poured concrete
Brick
Asphalt and gravel
Wood
+ 5 x 4 ½ and 3 x 3 ½, well-divided units with stable tenants.
+ Electricity and heating are paid by the tenants.
+ Several improvements have been made to the units.
+ Excellent tenants, reliable, easy to rent, with great potential for income increase.
+ Rental income will be $78,720 per year starting July 1, 2025.
+ The 8 water heaters are in the basement.
+ Water heaters #2, #3, and #4 are leased at a cost of $15 per month per unit, paid by the owner and included in the leases.
+ Water heaters for apartments #1, #5, #6, #7, and #8 are the responsibility of the tenants.
+ The former owner removed the underground oil heating tank in 2011. A Phase 2 environmental site assessment was conducted for this purpose. No contaminants were detected. Phase 2 report available for consultation.
Renovations and Maintenance
- Roof (2002)
- Bathrooms renovated in units #2, #3, #4, #5, and #6
- 7 rear doors replaced
- Rear staircase and railings (2012)
- Bathroom ventilation updated in units #2, #3, #4, #6, and #8
- Kitchen ceramic tiles installed in units #3, #4, #6, and #8
- Kitchen countertops updated in units #2, #3, #6, and #8
- Floating flooring installed in units #3, #6, and #8
- Vinyl flooring installed in units #5 and #7
40'2" X 42'11" Irregular
1965
Sliding
Poured concrete
Brick
Asphalt and gravel
Wood
40'2" X 70'
2,811.53 SF
Fenced
Flat
Daycare centre , Elementary school , High school , Public transportation
Residential
Electric baseboard units
Electricity
Municipality
Municipality
Not specified
8 water heaters on rental with Hydro-Solution.
My name is MILI LIM, RE/MAX real estate broker. How may I help you?
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RE/MAX EXCELLENCE | 7130 rue Beaubien Est, Montréal (Anjou), Québec, H1M 1B2
RE/MAX EXCELLENCE | 7130 rue Beaubien Est, Montréal (Anjou), Québec, H1M 1B2
Hello, my name is MILI LIM, real estate broker. Contact me for more information.
Hello, my name is FABRIZIO DE CICCIO, real estate broker. Contact me for more information.
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