8910 rue Hochelaga, Mercier / Hochelaga / Maisonneuve for sale
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8910 rue Hochelaga, Mercier / Hochelaga / Maisonneuve for sale
$2,400,000
Apply for your Desjardins mortgage financing

Lodging / With income for sale

8910 rue Hochelaga Mercier / Hochelaga / Maisonneuve Montréal / l'Île

No. 975840

With income
Contact the owner
Phone
514-969-9134
See it on the map
The steps involved in buying a property Buy
Print
Contact the owner
Phone
514-969-9134
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

Calculator

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Legal information

This online tool was created to help you plan and calculate your payments on a mortgage loan. The results are estimates based on the information you enter. They can change depending on your financial situation and budget when the loan is granted. The calculations are based on the assumption that the mortgage interest rate stays the same throughout the amortization period. They do not include mortgage loan insurance premiums. Mortgage loan insurance is required by lenders when the homebuyer’s down payment is less than 20% of the purchase price. Please contact your mortgage lender for more specific advice and information on mortgage loan insurance and applicable interest rates.

Calculator

Mortgage calculator

i

The price you agree to pay when you purchase a home (the purchase price may differ from the list price).

i

The amount of money you pay up front to secure the mortgage loan.

i

The interest rate charged by your mortgage lender on the loan amount.

i

The number of years it will take to pay off your mortgage.

5 years
10 years
15 years
20 years
25 years
30 years
i

The length of time you commit to your mortgage rate and lender, after which time you’ll need to renew your mortgage on the remaining principal at a new interest rate.

1 year
2 years
3 years
4 years
5 years
6 years
7 years
10 years
i

How often you wish to make payments on your mortgage.

Weekly
Bi-Weekly
Monthly
Mortgage amount
$1,920,000
My payments
$2,700 Weekly

Would you like a mortgage pre-authorization? Make an appointment with a Desjardins advisor today!

Get pre-approved

Legal information

This online tool was created to help you plan and calculate your payments on a mortgage loan. The results are estimates based on the information you enter. They can change depending on your financial situation and budget when the loan is granted. The calculations are based on the assumption that the mortgage interest rate stays the same throughout the amortization period. They do not include mortgage loan insurance premiums. Mortgage loan insurance is required by lenders when the homebuyer’s down payment is less than 20% of the purchase price. Please contact your mortgage lender for more specific advice and information on mortgage loan insurance and applicable interest rates.

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
Municipal taxes
$1,058.33
$12,700.00
School taxes
$50.00
$600.00
Total known costs
$1,108.33
$13,299.96
More info on the costs involved in buying a property

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
Apply for your Desjardins mortgage financing

Lodging / With income for sale

8910 rue Hochelaga Mercier / Hochelaga / Maisonneuve Montréal / l'Île

No. 975840

With income
Contact the owner
Phone
514-969-9134
See it on the map
The steps involved in buying a property Buy
Print
Contact the owner
Phone
514-969-9134
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