$425,000

Quadruplex for sale

1000-1002-1004-1006 rue Montcalm St-Joseph-De-Sorel Montérégie (Rive-Sud Montréal)

No. 1119500

No agents
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This person mentioned they are registered with the National Do Not Call List (DNCL).
NB: The owner requests that you not solicit them for the purpose of getting a listing agreement to sell their property. Thank you for respecting their choice to sell without an agent.
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The steps involved in buying a property Buy
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Are you interested in this property?
Here’s how to contact the owner
Send a message

Are you a real estate agent?

This person mentioned they are registered with the National Do Not Call List (DNCL).
NB: The owner requests that you not solicit them for the purpose of getting a listing agreement to sell their property. Thank you for respecting their choice to sell without an agent.
3 bedrooms
1 bathroom
Lot dimensions 6 000 ft² (557.42 m²)

Owners’ comments

Automated translation

4-PLEX INCOME BUILDING - 1000-1006 MONTCALM STREET, SAINT-JOSEPH-DE-SOREL - SALE BY INHERITANCE, WITHOUT LEGAL GUARANTEE - HOME VISIT FOLLOWING THE ACCEPTANCE OF AN OFFER

Great investment opportunity! Solid all-brick 4-unit building with significant recent structural renovations and potential for revenue growth

.

SETUP:

2 units of 4 ½
2 units of 5 ½
4 parking lots Brick
construction (durability and low maintenance)
INCOME:

Current income: $34,920/year Projected
income as of July 1, 2026: minimum $37,320/year (increases authorized following major work in 2025)
Potential for an increase of $2,400/year already confirmed Stable
tenants with regular monthly payments with regular monthly payments RECENT MAJOR RENOVATIONS:

MORE THAN $150,000 INVESTED IN WORK (2020-2025)
2025: Main building plumbing 80% replaced
2025: Insulation and replacement of the concrete slab in the basement
2024: Exterior membrane and French drain around the entire perimeter
2023: Unit 1,000 completely renovated 2020-2025: Fully renovated 1,000 unit
2020-2025: Bathrooms of all renovated accommodations CHARACTERISTICS:

Electric heating in all units (at the expense of the tenants) Basement
heating at the expense of the owner (basement insulated in 2025) Brick
building requiring little exterior maintenance
Location in Saint-Joseph-de-Sorel
ADVANTAGES FOR THE INVESTOR:

Turnkey investment - $150,000 in major works already completed Stable and reliable
income with quality tenants Guaranteed
increase in income in 2026 Minimal heating
costs (newly insulated basement) Completely redone
plumbing, foundations and drainage (2024-2025) Modern bathrooms in all units Modern
bathrooms in all units Sustainable and worry-free brick
construction
No major expenses to expect - total peace of mind SUBSTANTIAL
INVESTMENT ALREADY MADE: Over $150,000 invested between 2020- 2025 in critical structural systems (plumbing, foundations, foundations, drainage, insulation) and the complete renovation of a unit. The next owner benefits immediately from all these investments without any additional work required.

A turnkey brick building representing a rare opportunity. All major works recently completed with $150,000 invested. Reliable renters. Sale by succession - an opportunity to seize!

SALE BY SUCCESSION, WITHOUT LEGAL GUARANTEE - VISIT OF THE HOMES FOLLOWING THE ACCEPTANCE OF AN OFFER

Complete Description
Complete Description

Property features

Asking Price
$425,000
Style
4 seasons
Details
No agents
Year of construction
1957
Building dimensions
50x60 ft (15.24x18.29 m)
Certificate of Location
Yes
Lot's municipal evaluation
$56,100
Building's municipal evaluation
$169,000
Annual income
$34,920.00
2 Bedroom
2
3 Bedroom
2

External facing:

  • Brick

Foundation:

  • Cast concrete

Roof:

  • Elastomer membrane

Heating source:

  • Electric

Basement:

  • Separate entrance
  • Unfinished
  • Potential income

Location:

  • Highway access
  • Residential area

Lot description:

  • Flat geography
  • Corner lot

Complete list of property features

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$14.03
$168.36
Municipal taxes
$276.02
$3,312.20
Electricity
$186.54
$2,238.45
Insurance
$263.60
$3,163.18
Total known costs
More info on the costs involved in buying a property

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Revenues
$2,910.00
$34,920.00

The steps involved in buying a property

Could this property be “the one”? Here’s an overview of the steps involved in becoming the owner. These steps and the legal implications remain the same whether the property is purchased from an individual or through a broker.

1
Financing

One of the first things to do when looking for a property is to get a mortgage preapproval from a financial institution. The goal is to determine borrowing capacity, and as a result, the price range to be looking in.

2
Offer to purchase

The property suits the budget and needs? Time to submit an offer to purchase! This document sets out the price, the elements included in the sale, the possession date, the conditions of purchase and all other information relevant to the sale.

3
Conditions of purchase

The offer to purchase generally includes conditions. The most common are the property passing an inspection, the buyer providing proof of financing and the buyer selling their own property. Once the listed conditions are met, the property is considered sold.

4
Property transfer

The last step is to see a notary, who is generally chosen by the buyer. This real estate professional drafts the deed of sale and ensures that the interests of all parties involved are respected.

Once the deed of sale is notarized, the new owner gets the keys to the home. All that’s left is to move in!

More details on these steps

See our All about buying section.

Download the legal documents that you need

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$425,000

Quadruplex for sale

1000-1002-1004-1006 rue Montcalm St-Joseph-De-Sorel Montérégie (Rive-Sud Montréal)

No. 1119500

No agents
Apply for your Desjardins mortgage financing
Are you interested in this property?
Here’s how to contact the owner
Send a message

Are you a real estate agent?

This person mentioned they are registered with the National Do Not Call List (DNCL).
NB: The owner requests that you not solicit them for the purpose of getting a listing agreement to sell their property. Thank you for respecting their choice to sell without an agent.
See it on the map
The steps involved in buying a property Buy
Print
Are you interested in this property?
Here’s how to contact the owner
Send a message

Are you a real estate agent?

This person mentioned they are registered with the National Do Not Call List (DNCL).
NB: The owner requests that you not solicit them for the purpose of getting a listing agreement to sell their property. Thank you for respecting their choice to sell without an agent.
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