2 bedrooms
1 bathroom
Lot dimensions 2 438.03 ft² (226.5 m²)

Owners’ comments

Automated translation

6 x 4 1/2 income building well located in Verdun, 15 minutes from Downtown Montreal. Bike path, bus and 2 metros nearby. Easy parking, no neighbors in the front (Mtl filtration plant land). The property offers good potential for optimization. Good and stable tenants for several years. Roof and balconies/ramps renovated. Electricity and heating at the expense of the tenants.

annual revenue: $57,730.00

Complete Description
Complete Description

Property features

Asking Price
$1,349,000
Details
No agents
Year of construction
1925
Building dimensions
1 493.60 ft² (138.76 m²)
General condition
Very good
Occupation rate
100
Certificate of Location
Yes
2 Bedroom
6
Bedrooms (total)
2

External facing:

  • Brick

Roof:

  • Elastomer membrane

Heating source:

  • Electric

Location:

  • Highway access
  • No backyard neighbors
  • Public transportation

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Apartment kitchen
Storey: Other
Dimensions: 10' x 15' (3,05 m x 4,57 m)
Flooring: Linoleum
Bedroom
Storey: Other
Dimensions: 10' x 12' (3,05 m x 3,66 m)
Flooring: Hardwood
Living room
Storey: Other
Dimensions: 10' x 24' (3,05 m x 7,32 m)
Flooring: Hardwood

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$65.50
$786.00
Municipal taxes
$539.33
$6,472.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Annual income
$4,810.83
$57,730.00

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.

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.

$1,349,000

6 units or more for sale

3690-3692-3694-3696-3698-3700, rue Joseph

Verdun Montréal / l'Île

No. 1053973

No agents
Contact the owner

Are you a real estate agent?

This person is registered on the National Do Not Call List (DNCL).

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.

Contact the owner

Are you a real estate agent?

This person is registered on the National Do Not Call List (DNCL).

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.