Lot dimensions 5 600 ft² (520.26 m²)

Owners’ comments

Automated translation

This building is composed of two lots, sold together however it is possible to sell them separately. It was completely renovated in 2017, interior and exterior. The premises are completely new and modern offering condo style apartments 15 minutes from the city centre and 5 minutes from the green metro line.

This is a great investment opportunity generating a very good income and no extra work is needed after purchase.

1st lot consists of 4 apartments (4 and a half) as well as two commercial premises. Complete construction carried out in 2017.

2nd lot consists of 1 apartment (6 and a half) as well as two commercial premises.

The roof and all windows are new (less than 5 years old).

It is possible to agree on the sale of one of the lots or the complete set.

-small message for brokers, please do not contact me out of respect, I currently do not intend to do business with a broker.

Complete Description
Complete Description

Property features

Asking Price
$2,400,000
Details
With income
Number of commercial units
9
Year of construction
2017
General condition
Excellent
Certificate of Location
Yes
Franchise
Yes
Municipal evaluation's date
2020
Annual incomes
$115,000
Taxes year
2020

Lease:

  • With Lease

Location:

  • Highway access
  • Public transportation
  • Close to all services

Near Commerce:

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

Near Recreational Services:

  • Gym
  • Library
  • Bicycle Path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Open concept
Storey: Main floor
Dimensions: 50' x 40' (15,24 m x 12,19 m)
Flooring: Bamboo

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.

$2,400,000

Lodging / With income for sale

8910 rue Hochelaga

Mercier / Hochelaga / Maisonneuve Montréal / l'Île

No. 975840

With income
Contact the owner
Contact the owner