8 bedrooms
4 bathrooms
Lot dimensions 2 800 ft² (260.13 m²)

Owners’ comments

An investment opportunity not to be missed! Sought after and excellent location. Walking distance from everything: Berri-UQUAM metro, St-Denis street, Lafontaine Park, the Plateau, Quartier Latin, and The Village. Very quiet street with no neighbors in front. Two duplexes with distinct register numbers on the city roll sold together. Total of four units of 4 1/2, currently all rented. Young, easy, and flexible tenants on site. Rooms description and sizes are similar for all four apartments. Possibilities to build an 8-plex with approximately 950 sq. feet per condo/apartment or approximately 7,600 sq. feet total living space, six units over 3 floors above ground, and two units in semi-basement to be verified by the buyer. Street has seen many redevelopment projects. Information herein and the ad is an invitation to potential buyers to submit offers with no obligation for the seller to sell at the advertised price.

Sold without legal warranty.

Complete Description
Complete Description

Property features

Asking Price
$950,000
Details
Under municipal evaluation
Year of construction
1875
Building dimensions
2 800 ft² (260.13 m²)
General condition
To renovate
Occupation rate
100
Certificate of Location
Yes
Courtyard orientation
South-West
Municipal evaluation's date
2023
Lot's municipal evaluation
$438,000
Building's municipal evaluation
$625,200
Taxes year
2023
Mortgage balance
$16,884.87
2 Bedroom
4
Bedrooms (total)
8

External facing:

  • Brick

Foundation:

  • Cast concrete

Frame:

  • Wooden dunnage

Roof:

  • Gravel and asphalt

Floor coverings:

  • Laminate
  • Hardwood
  • Linoleum

Windows:

  • Aluminium

Heating source:

  • Electric

Electric system:

  • 100 amps
  • Breakers panel

Bathroom:

  • Bath and shower

Basement:

  • Crawl space

Garage:

  • Detached

Location:

  • Highway access
  • Near park
  • Residential area
  • Public transportation

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Restaurant
  • Shopping Center
  • Bar

Near Health Services:

  • Hospital
  • Dentist
  • Medical center
  • Health club / Spa

Near Educational Services:

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

Near Recreational Service:

  • Gym
  • Museum
  • Bicycle Path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Bathroom
Storey: Main floor
Dimensions: 7' x 5' (2,13 m x 1,52 m)
Flooring: Laminate
Bedroom 1 (Primary)
Storey: Main floor
Dimensions: 9' x 12' (2,74 m x 3,66 m)
Flooring: Laminate
Bedroom 2
Storey: Main floor
Dimensions: 9' x 12' (2,74 m x 3,66 m)
Flooring: Laminate
Kitchen
Storey: Main floor
Dimensions: 9' x 12' (2,74 m x 3,66 m)
Flooring: Laminate
Living room
Storey: Main floor
Dimensions: 9' x 12' (2,74 m x 3,66 m)
Flooring: Laminate

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$91.54
$1,098.46
Municipal taxes
$478.77
$5,745.19
Insurance
$144.97
$1,739.64

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Annual income
$3,320.00
$39,840.00

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.

$950,000

Quadruplex for sale

1698-1704, rue Wolfe

Ville-Marie (Centre-Ville et Vieux-Montréal) Montréal / l'Île

No. 1043481

Under municipal evaluation
Contact the owner
Contact the owner