Duplex for sale Ville-Marie (downtown, old Mtl), $989,000

#267968 | 1864-1870 Rue Plessis

Owner's comments

GREAT DUPLEX, UNUSUAL PROPERTY FOR SALE!

Big luxury Duplex over a 3600 SF living area, extra 2500 SF in backyards and 700 SF in 2 terraces, very private and sunny .

Close to Lafontaine Park, between Downtown and Le Plateau, close to Quartier des Spectacles.  Excellent Location. Great opportunity for investors, developers and resident proprietor. Present revenues $49 000 ; potential rev $58 000. 

Each apartment is organized in 2 big trendy levels with their 1st level as a open space place. Big windows facing the backyard , receiving sun light all day long.  Hardwood floors, black rock and brick walls.  44 SF front of the building. The house was built in 1910 and totally rebuilt in1995, under a new solid structure in concrete on the foundation. Electricity and water systems were also totally changed.

-Huge Land size of 5624 SF. -Heating and cooling system : by electricity  with 2 very performing and silent thermo pumps (bought in  2009) and 2 electrical furnaces , with programmable digital thermostats . Each apartment has its separated heating and cooling system. -2 fireplaces on wood combustion,  accepted by insurances. -Basement: finished with an extra room , 6 feet and over-Roof: New roof, dated May 2011.-Garage: Over 1000 SF. The garage roof has to be repaired.  - The apartments were renovated 3 years ago.-Included on the sale: everything,  5 good appliances per apartment, stores, light fixture, closets, mirrors, jacuzzi, etc.-The property could be converted to undivided apartments. 

Apartment 1864 : ground level and first  floor.   -Living area: 2120 SF with 3 bed rooms  / backyard: 2300 SF / garage area : 1517 SF

Like living in a house, 8 1/2 duplex, on a Open space first level with 12 huge windows facing the huge private, one room  and a bath room on the same floor,  wood fireplace, black rock wall, hardwood floors, new designed black granite kitchen fully equipped +big basement.

The second floor has a master room with a walking closet and a private balcony , a third bedroom , an oversized bathroom with a big jacuzzi . 

Apartment 1870: first and second floors.-Living area: 1480 SF with 2 bed rooms / 2 terraces (one per level) : 650 SF Beautiful big 5 1/2  trendy style duplex. The first level is an open space-loft style place, kitchen fully equipped with stainless steel appliances, brick wall, hardwood floors, wood fireplace, 2 big rooms in the second level , 2 bathrooms (one per level) , jacuzzi on the second bathroom,. Very sunny . Terraces are very private, no neighbours.

1864-1870 Rue Plessis, $989,000
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  • Style : Link
  • Asking Price : $989,000
  • Details : With income
  • Building dimensions : 43.7x33.7 ft (13.32x10.27 m)
  • Year of construction : 1995
  • General condition : Excellent
  • Zoning certificate : Yes
  • Lot dimensions : 43.7x128.7 ft (13.32x39.23 m)
  • Courtyard orientation : South-West
  • Number of parkings : 1
  • Half Bath(s) : 2
  • Bathrooms (total) : 2
  • Bedrooms (total) : 5
  • Taxes year : 2011
  • 4 Bedroom and more : 2

Other details :

  • External facing :
    • Brick
    • Stone
  • Foundation :
    • Cast concrete
  • Roof :
    • Asphalt shingle
  • Floor coverings :
    • Hardwood
  • Heating source :
    • Electric
    • Thermo-pump
  • Features :
    • Laundry room
    • Shed
    • Central air
    • Furnace
    • Fireplace
    • Cedar wardrobe
    • Humidifier
    • Ceiling fixtures
    • Main floor laundry
    • Blinds
    • Walk-in closet
  • Kitchen :
    • Wooden cabinets
    • Melamine cabinets
    • Built-in oven
    • Dishwasher
    • Stove
    • Fridge
  • Bathroom :
    • Thermo-masseur bath tub
    • Two sinks
    • Separate Shower
  • Basement :
    • Totally finished
    • Concrete
  • Upgrades :
    • Addition
    • Cabinets
    • Heating
    • Decorative Columns
    • Kitchen
    • Electrical
    • Insulation
    • Plumbing
    • Doors
    • Bathrooms
    • Basement
    • Roof
    • Painting
    • Half bath
    • Shed
    • Terrace
  • Garage :
    • Detached
    • Garage door opener
  • Lot's description :
    • Flat geography
    • Mature trees
    • Patio/deck
    • Landscaped
  • Location :
    • Highway access
    • Near park
    • No backyard neighbors
    • Residential area
    • Public transportation
  • Near Commerce :
    • Supermarket
    • Drugstore
    • Bank
    • Restaurant
    • Shopping Center
    • Bar
  • Near Educational Services :
    • Daycare
    • Kindergarten
    • Elementary school
    • High School
    • College
    • University
  • Near Health Services :
    • Hospital
    • Medical center
  • Near Recreational Service :
    • Gym
    • Sportif center
    • Library
    • ATV trails

Mortgage payments

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Contact the owner

Phone : 514-418-6798

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Annual and Monthly costs

Expenses summary Monthly Annual
Mortgage
Municipal taxes $493.62 $5,923.44
School taxes $103.91 $1,246.88
Insurance $98.33 $1,180
Total known costs $695.86 $8,350.32
Income Summary Monthly Annual
Revenues $4,833.33 $58,000
Expenses totalIncome totalTotal income $4,137.47 $49,649.68

Transfer taxe

In Quebec, the transfer tax is a tax that all municipalities must collect from the new owner (buyer) of a property

Transfer tax amount : ?

How to buy this property

So you decided you like this property and would like to make an offer.

Here are the steps.

  1. 1. Financing and Pre-approved Mortgage

    As soon as possible in your buying process, make sure you can get the necessary financing to acquire the property. Consult a financial advisor and/or get a pre-approved mortgage. You will then know the exact amount of the loan that your financial institution is willing to lend you.

  2. 2. Visit and Inspection

    When you have visited the property one or more times and you have made your decision, you will want to hire a home inspector to ensure that the property is in good condition. The inspector will check for defects and will provide a detailed inspection report. You will then know if there is work to be done and, in certain cases, you will have an estimate of how much it will cost to undertake them.

    You can make an Offer to Purchase that is conditional upon obtaining a satisfactory inspection report (see next step).

  3. 3. Negotiating and Offer to Purchase

    For information on finalizing the transaction and making an Offer to Purchase, click here (http://www.comfree.com/buy/steps/legal).

  4. 4. Finalizing the Transaction at the Notary

    When the offer has been accepted and the conditions fulfilled, you must choose a notary to complete the transaction. The seller must provide the notary with the property titles.

    The notary will then contact both parties to schedule a meeting in accordance with the timeframe you specified in the Offer to Purchase.

    Once this step is completed, you can consider the property yours!

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Fireplace
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Pool
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