$1,388,000

Quintuplex for sale

5615 17e Avenue Rosemont / La Petite Patrie Montréal / l'Île

No. 1106717

With income
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2 bedrooms
1 bathroom
Lot dimensions 2 957 ft² (274.71 m²)

Owners’ comments

Automated translation

FOR SALE HUGE 5PLEX IN VIEUX-ROSEMONT

Rare opportunity for investor or owner occupier with great opportunity for optimization.

33 feet x 50 feet deep facade

Vieux-Rosemont, popular and quiet area

Windows on 3 sides + green alley

21x21 double garage + outdoor parking

Potential gross income: $77,100/year and more

Building description:

Superb partially detached building, bright thanks to its numerous windows on three sides. Very well maintained over the years, this building offers five units including:


1 x very large 4½ in the basement (rented until June 30, 2026)
2 x large 3½ on the 1st floor (rented until June 30, 2026)
2 x large 3½ on the 2nd floor (currently free perfect for occupancy or income optimization)

Major advantages:

Located in a green alley, quiet and green
environment A few steps from an elementary and secondary school, Parc Maisonneuve, Parc Pélican, SRB Pie IX and Promenade Masson
No vignetting required for parking on the street Detached double garage + parking space in front of a detached double
garage + parking space in front of a parking space in front of a parking space Interior storage spaces in the basement for each unit Interior storage spaces in the basement for each unit Interior storage
spaces in the basement for each unit Washer/dryer
entrance in each kitchen Front and back
balconies for each unit (except unit 1 with courtyard) Space secure for bikes

Income and rental potential:

Current income (3 units + garage): $42,300/year Projected rental
income (4 & 5 units): min. $34,800/year Potential annual gross
income: $77,100 +

Notice to brokers: If you have a buyer, your commission will be at their expense.

Interested? Don't miss this unique opportunity in one of Montreal's most coveted sectors

.

For info or visit: Jonathan Marcoux

Tel: 438-225-1222

e-mail: jonathan.marcoux@hotmail.com

Complete Description
Complete Description

Property features

Asking Price
$1,388,000
Style
Semi-detached
Details
With income
Year of construction
1949
Building dimensions
32.81x49.2 ft (10.00x15.00 m)
Occupation rate
60
Certificate of Location
Yes
Number of parkings
1
Building's municipal evaluation
$978,900
1 Bedroom
4
2 Bedroom
1

External facing:

  • Brick

Foundation:

  • Cast concrete

Heating source:

  • Electric

Bathroom:

  • Bath and shower

Basement:

  • Totally finished

Garage:

  • Finished
  • Detached
  • Double
  • Garage door opener

Parking / Driveway:

  • Concrete

Location:

  • Near park
  • Residential area
  • Public transportation

Lot description:

  • Hedged
  • Fenced

Near Commerce:

  • Drugstore
  • Bank
  • Restaurant

Near Educational Services:

  • Daycare
  • Elementary school
  • High School

Near Recreational Service:

  • Library
  • Bicycle Path

Complete list of property features

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$65.39
$784.69
Municipal taxes
$530.65
$6,367.75
Electricity
$3.00
$36.00
Insurance
$217.00
$2,604.00
Total known costs
More info on the costs involved in buying a property

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Revenues
$6,225.00
$74,700.00

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

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$1,388,000

Quintuplex for sale

5615 17e Avenue Rosemont / La Petite Patrie Montréal / l'Île

No. 1106717

With income
Apply for your Desjardins mortgage financing
Contact the owner
Phone
See it on the map
The steps involved in buying a property Buy
Print
Contact the owner
Phone
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