Quintuplex for sale with excellent revenue.
Building that has maintained its original features located on a calm street at the heart of Côte-des-Neiges.
2 min. walking distance from Côte-des-Neiges metro station.
5 min. walking distance from the Université de Montréal campus.
Area very sought after by potential renters.
Potential gross income: 107 240$ /year
Additional potential income: three garages and 1 extra parking space could be rented out (about $420/month)
Potential gross income of garage income included : $112 400\year
APARTMENTS (see photos) :
Apartment 1: rented to 10 roommates each occupying their own room. The apartment covers the first floor and the basement of the building. Rented for $4,110/month.
*This space could be converted to a large family dwelling with many bedrooms and the back of the building could be converted into a backyard.
Apartment 2: 5 1/2 rented for $1,280/month
Apartment 3: 3 1/2 rented for $900/month
Apartment 4: 5 1/2 owner's appartement would keep the lease until july if the buyer does not want to move in 1500$/month.
Apartment 5: 3 1/2 vacant listed at $950/month
Laundromat income about $200/month
Brick: 2011 and 2019
Doors and windows: 2019 and 2020
Electric heating: 2015
Several apartments have also been renovated over recent years (kitchens and bathrooms).
Several parking private parking spaces are available to rent.
Calm area with several services nearby :
St-Mary's Hospital --- Sainte-Justine Hospital --- Jewish General Hospital
Notre-Dame College --- Jean-de-Brébeuf College --- Marie de France international College
Possibility of including the majority of the furniture, appliances and light fixtures.
Visits by appointment only.
Due to COVID-19, we ask that you wear a mask at all times during the visit.
All measurements are approximate.
The Montreal tax account has offered a combined evaluation of the lot and building at $1,057,700. We have not been given their separate values, which is why the same amount has been entered for the lot's and building's municipal evaluation in the "property features" section.
Measurement of the lot : 12.44 m x 36.58 m = 455.06 m2 / 40.81 ft x 120.01 ft = 4,897.61 ft2.
Measurement of the main building : 9.72 m x 20.16 m = 195.96 m2 / 29.53 ft x 65.62 ft = 1,937.76 ft2.
Measurement of the alcove: 2.15 m x 4.27 m = 9.18 m2 / 7.15 ft x 14ft = 98.70 ft2 (minus the alcove).
Measurement of the garage with 3 separate doors : 5.76 m x 9.70 m = 55.88 m2 / 18.90 ft x 31.82 ft = 601.40 ft2.
- Cast concrete
- Gravel and asphalt
- Laundry room
- Wooden cabinets
- Bath and shower
- Partially finished
- Triple or more
Parking / Driveway:
- Near park
- Public transportation
- Shopping Center
Near Health Services:
- Medical center
Near Educational Services:
- Elementary school
- High School
Near Recreational Service:
- Sportif center
- Bicycle Path