$1,295,000
Apply for your Desjardins mortgage financing

6 units or more for sale

2589-2597 avenue Jeanne-d'Arc Mercier / Hochelaga / Maisonneuve Montréal / l'Île

No. 1100239

No agents
Contact the owner
Phone

Are you a real estate agent?

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
Contact the owner
Phone

Are you a real estate agent?

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.

1 bathroom
Lot dimensions 2 520 ft² (234.12 m²)

Owners’ comments

Automated translation

Excellent investment opportunity

Beautiful row building comprising 6 3 1/2 units (loft style) +- 600 sq.ft., all rented with an income of $66,396.00 with two asphalt parking spaces at the back and having benefited from numerous renovations over the years.

Located in a sought after area close to the PIE-IX metro station and close to all services. Each unit is equipped with washer/dryer entrances as well as a storage space integrated into

it.

Good potential for increased revenue.

Expenses are limited because the tenants must assume the electricity costs and the fact that the building is fairly well maintained.

An opportunity not to be missed!

Sale without legal warranty.

Complete Description
Complete Description

Property features

Asking Price
$1,295,000
Style
Link
Details
No agents
Year of construction
1915
Building dimensions
25x58 ft (7.62x17.68 m)
Occupation rate
100
Certificate of Location
Yes
Courtyard orientation
East
Number of parkings
2
Lot's municipal evaluation
$304,300
Building's municipal evaluation
$893,100
Loft(s)
6

External facing:

  • Brick

Foundation:

  • Cast concrete

Heating source:

  • Electric

Kitchen:

  • Polyester cabinets
  • Dishwasher
  • Stove
  • Fridge

Bathroom:

  • Bath and shower
  • Ceramic Shower

Basement:

  • Unfinished
  • Crawl space

Upgrades:

  • Cabinets
  • Heating
  • Kitchen
  • Electrical
  • Insulation
  • Floors
  • Plumbing
  • Bathrooms
  • Painting

Parking / Driveway:

  • Asphalt
  • Outside

Location:

  • Near park
  • Public transportation

Lot description:

  • Flat geography

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Restaurant
  • Bar

Near Health Services:

  • Hospital
  • Dentist
  • Medical center

Near Educational Services:

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

Near Recreational Service:

  • Gym
  • Sportif center
  • Library
  • Bicycle Path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Apartment 2
Storey: 2nd floor
Dimensions: 12' x 58' (3,66 m x 17,68 m)
Flooring: Hardwood

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$79.40
$952.84
Municipal taxes
$673.34
$8,080.06
Electricity
$40.00
$480.00
Insurance
$453.35
$5,440.19
Total known costs
More info on the costs involved in buying a property

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Revenues
$5,533.00
$66,396.00

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

Go to your DuProprio account and access free copies of the legal documents you need for a successful real estate transaction.

See documents

Don’t have an account yet? Register

$1,295,000
Apply for your Desjardins mortgage financing

6 units or more for sale

2589-2597 avenue Jeanne-d'Arc Mercier / Hochelaga / Maisonneuve Montréal / l'Île

No. 1100239

No agents
Contact the owner
Phone

Are you a real estate agent?

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
Contact the owner
Phone

Are you a real estate agent?

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.

Do you want to sell commission-free, too?
Explanatory videos of our services
Free  consultation
1 866 387-7677
Back to results