6 bedrooms
6 bathrooms
Lot dimensions 2 178.9 ft² (202.43 m²)

Owners’ comments

                       

    Opportunity!!! 6-plex rental property in Ville-Émard!
    Located in the heart of Ville-Émard, in a highly desirable neighborhood, this property offers excellent income potential. All 6 units are 3.5 apartments in the same configuration, all rented. Annual income is $51,720 (2024). Built in 1954, new roof in 2024, heating and hot water paid for by tenants.
 Why invest?
 * Prime location: Near Angrignon and Monk metro stations, Angrignon shopping center, and all amenities.
 * Growth potential: Possible improvements to increase income and property value.
 * Eligible for MLI Select: Facilitated financing through the SCHL's MLI Select program.
Don't wait, contact me today for a visit!
Financial pre-qualification confirmation is required to schedule a visit.
I accept visits from real estate agents with pre-qualified clients ready to negotiate an agreement.
Sale without legal warranty, at the buyer's risk and peril.
Contact information: (514) 993-4198 (please text me). Yelena (property owner)

 

Complete Description
Complete Description

Property features

Asking Price
$979,000
Style
Norman style
Details
With income
Year of construction
1955
Building dimensions
1 099 ft² (102.1 m²)
General condition
Standard
Occupation rate
6
Certificate of Location
Yes
Courtyard orientation
North-West
Municipal evaluation's date
2022
Lot's municipal evaluation
$211,200
Building's municipal evaluation
$439,900
Taxes year
2024
Mortgage balance
$325,176
1 Bedroom
6
Bedrooms (total)
6

External facing:

  • Brick

Foundation:

  • Cast concrete

Roof:

  • Elastomer membrane

Floor coverings:

  • Ceramic
  • Linoleum
  • Parquet

Windows:

  • Aluminium

Heating source:

  • Electric

Electric system:

  • 200 amps
  • Breakers panel
  • Fuses panel

Features:

  • Shed
  • Ceiling fixtures
  • Alarm system

Kitchen:

  • Wooden cabinets
  • Melamine cabinets
  • Stove
  • Fridge

Basement:

  • Totally finished

Upgrades:

  • Bathrooms
  • Roof
  • Painting

Location:

  • Highway access
  • Near park
  • Residential area
  • Public transportation

Lot description:

  • Flat geography
  • Fenced

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Restaurant
  • Shopping Center
  • Bar

Near Educational Services:

  • Daycare
  • Kindergarten
  • Elementary school
  • High School
  • College
  • University

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Bedroom
Storey: Main floor
Dimensions: 31' x 35' (9,45 m x 10,67 m)
Flooring: Parquet
Kitchen
Storey: Main floor
Dimensions: 33' x 42' (10,06 m x 12,8 m)
Flooring: Linoleum
Living room
Storey: Main floor
Dimensions: 31' x 35' (9,45 m x 10,67 m)
Flooring: Parquet

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$41.95
$503.36
Municipal taxes
$334.33
$4,012.00
Maintenance fees
$100.00
$1,200.00
Insurance
$187.45
$2,249.43

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Revenues
$4,310.00
$51,720.00

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.

Need the form?

Documents to download

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.

$979,000

6 units or more for sale

3131 rue Allard Le Sud-Ouest Montréal / l'Île

No. 1082767

With income
Contact the owner

Are you a real estate agent?

This person is registered on 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.

Contact the owner

Are you a real estate agent?

This person is registered on 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.