Income property ($78,000) ready for condo conversion if desired, sought-after area in Hochelaga (Valois Street), 3 large apartments (3 x 1,000 sq. ft.), exceptional living environment just minutes from downtown by car or bike, sought-after by families and very easy to rent, quick access to downtown, Old Montreal and central districts (Plateau Mont-Royal, Rosemont, etc.). 

Investment: excellent income ($78,000/year), very easy to rent, 2 fully-furnished and equipped apartments for short-term rental (32+days) established clientele, investment growth to be anticipated, in the midst of gentrification. Roof: white elastomer membrane (2017).

Sought-after location: 3 blocks from Place Valois and Promenade Ontario shops, 5 minutes from Marché Maisonneuve, 10-minute walk from Métro Joliette (Green Line), close to quality shops (Boulangerie Arhoma, Resto Hélicoptère, Méga Vrac, Chocolaga, Terre à soi), strategic location near Notre-Dame, 5 minutes from downtown and the Plateau, quick access to Highway 20 West and the Jacques Cartier Bridge and LH Lafontaine Tunnel.

All apartments: spacious 1,000 sq. ft. (91 m2), washer-dryer and dishwasher entries, storage sheds, ceramic and wood floors, and rear and front balconies.

Ground floor: large 2-storey 7 ½ completely renovated (2023) and well thought out and carefully designed, 3 bedrooms including 1 with cinema room, lots of storage space, quality kitchen with lots of storage space, bathroom redone (2023), wood flooring redone (2023), fully-furnished and equipped apartments for short-term rental (32+days) established clientele.

2nd floor: large 5 ½ completely renovated (2023) original cachet preserved, 2 bedrooms including one double with office for telecommuting, very bright, lots of storage, quality kitchen with lots of storage, new bathroom, wood floors redone, fully furnished and equipped for short-term rental (32 days+) with established clientele.

3rd floor: large 6 ½ (3 bedrooms, one double) very sunny, bathroom redone in 2023 with skylight (30" x 30"), lots of storage.

Living environment: very large back alley with local traffic only, safe for children, friendly neighborhood, Bixi bike services, and bike path directly on the street.

Renovations: 

- Ground floor: complete renovation including electricity and plumbing, relocation of staircase to basement (aesthetics and better use of space) (2023).

- Ground floor: removal of oil (boiler and tank) and change of electrical panel (2023).

- Ground floor: addition of HILO intelligent thermostats by Hydro-Québec.

- Basement: finished as a cinema room and additional bedroom, and added a large laundry room with plumbing ready for a full bathroom (2023).

- 2nd: Floors, bathroom, antique paint and wallpaper, restoration of original mouldings (2023), kitchen by cabinetmaker (2021).

- 3rd: Bathroom (2023), master bedroom floors (2020).

- Roof: end-of-life replacement for white elastomeric membrane (2017).

- Building plumbing: repair of part of main drain (50%) buried part (2023) + addition of check valve (2023) + change of main drain inside kitchen walls in 2nd, DRC, basement (2017 and 2021).