$1,590,000

8Plex for sale - Montréal (Villeray/Saint-Michel/Parc-Extension) (Saint-Michel)

$1,590,000

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$1,590,000

8Plex for sale - Montréal (Villeray/Saint-Michel/Parc-Extension) (Saint-Michel)

$1,590,000

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7781 22e Avenue, Montréal (Villeray/Saint-Michel/Parc-Extension) (Saint-Michel), H2A 2H8

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.

  • Lot area: 2,812 SF
  • NUMBER OF ROOMS : 0
  • Year built : 1965
MILI LIM
Real Estate Broker
FABRIZIO DE CICCIO
Residential and Commercial Real Estate Broker
Brokers tranquilit
Building details and property interior
Particularities plusParticularities minus

40'2" X 42'11" Irregular

1965

Sliding

Poured concrete

Brick

Asphalt and gravel

Wood

Addenda
Particularities plusParticularities minus

+ 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

Building details and property interior
Particularities plusParticularities minus

40'2" X 42'11" Irregular

1965

Sliding

Poured concrete

Brick

Asphalt and gravel

Wood

Lot and exterior features
Particularities plusParticularities minus

40'2" X 70'

2,811.53 SF

Fenced

Flat

Daycare centre , Elementary school , High school , Public transportation

Residential

Characteristics
Particularities plusParticularities minus

Electric baseboard units

Electricity

Municipality

Municipality

Included & Excluded
Particularities plusParticularities minus

Not specified

8 water heaters on rental with Hydro-Solution.

Financial details
Particularities plusParticularities minus
Assessment (2025)
Taxes
  • (2025)
  • (2024)
Gross yearly revenu (potential)
Annual Expenses
Energy
7781 22e Avenue, Montréal (Villeray/Saint-Michel/Parc-Extension) (Saint-Michel), H2A 2H8
NEIGHBOURHOOD STATISTICS
  • Statistics Person living alone
  • Statistics Families with children
  • Statistics Families with no children
  • 28.3%
  • 21.1%
  • 11.2%
  • 16.4%
  • 22.9%
  • 10.5%
  • 1.1%
  • 11.2%
  • 77.2%
  • 0.0%
UnilingualFrenchUnilingualEnglishBilingual(fr/en)Other 0% 10% 20% 30% 40% 50% 60% 70% 80% 90%100%
  • Statistics Household
  • Statistics Individual
  • Statistics Owners
  • Statistics Renters
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MILI LIM
Real Estate Broker
FABRIZIO DE CICCIO
Residential and Commercial Real Estate Broker
Brokers tranquilit

MORTGAGE PAYMENTS CALCULATOR

Financial details

Assessment (2025)
Taxes
  • (2025)
  • (2024)
Gross yearly revenu (potential)
Annual Expenses
Energy
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