Lot dimensions 2 500 ft² (232.26 m²)

Owners’ comments

Automated translation

A superb opportunity, sixplex Center-Sud.

Six occupied homes with good non-smoking tenants and attractive annual incomes ($65,820/year).

Several renovations have been carried out over the last few years and since the acquisition. The accommodations are well maintained. Each unit has a washer/dryer entrance. Each unit has its 40g hot water tank; those on the ground floor are located in the basement. Renovation and redevelopment of 5/6 homes. Tenants are responsible for energy costs.

There is a parking space at the back accessible from the alley. The alley is plowed snow by the users of the

alley.

Building description:

All accommodations are of type 3½.


Ground floor: 2x 3½ units with access to the backyard. 2323: refreshed in 2023. 2323A: larger unit due to a rear extension (bedroom). This unit has outdoor access to storage space in the basement and parking is rented to this unit.
Second floor: 2x 3½ housing. 2325: Renovated in 2017. 2327: is the last accommodation with the old configuration, maintained. Possibility of creating a terrace (above the 2323A extension).
Third floor: 2x 3½. Both apartments renovated in 2015.
Basement: Unfinished. Storage space for the 2323A and for the owner of the building. Subpump.
Immediate environment:

Approximately 7 minutes on foot from Frontenac metro station.

The building is within walking distance of shops and services: grocery stores, pharmacies, schools, bike paths, restaurants and bars.
Visits by appointment only.

Complete Description
Complete Description

Property features

Asking Price
$1,199,000
Style
Link
Details
With income
Year of construction
1914
Building dimensions
25x40 ft (7.62x12.19 m)
Occupation rate
100
Certificate of Location
Yes
Courtyard orientation
North-East
Number of parkings
1
Lot's municipal evaluation
$302,000
Building's municipal evaluation
$755,800
1 Bedroom
6

External facing:

  • Brick

Foundation:

  • Cast concrete

Heating source:

  • Electric

Kitchen:

  • Melamine cabinets

Bathroom:

  • Bath and shower

Basement:

  • Separate entrance
  • Unfinished
  • Crawl space

Parking / Driveway:

  • Stamped concrete

Location:

  • Near park
  • Public transportation

Near Health Services:

  • Hospital
  • Dentist
  • Medical center

Near Educational Services:

  • Daycare
  • Elementary school

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Apartment 1
Storey: Main floor
Dimensions: 12' 6" x 40' (3,81 m x 12,19 m)
Flooring: Other
Apartment 2
Storey: Main floor
Dimensions: 12' 6" x 60' (3,81 m x 18,29 m)
Flooring: Other

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$70.68
$848.18
Municipal taxes
$549.00
$6,587.98
Insurance
$230.96
$2,771.50

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Revenues
$5,485.00
$65,820.00

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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$1,199,000

6 units or more for sale

2323-2331, rue Chapleau Ville-Marie (Centre-Ville et Vieux-Montréal) Montréal / l'Île

No. 1102106

With income
Contact the owner
Phone

Are you a real estate agent?

This person mentioned they are registered with 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
Phone

Are you a real estate agent?

This person mentioned they are registered with 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.