8 bedrooms
4 bathrooms
2 half baths
Lot dimensions 2 400 ft² (222.97 m²)

Owners’ comments

Four-unit building located a few minutes from Beaudry metro station and just on the corner from Ontario street where there's a multitude of services, Lafontaine park sports centre nearby as well.

This is a unique project that is especially ideal and very interesting for owner who wants to move in! The ground floor is free to the buyer. It is a 5 1/2 of 3 bedrooms, 1 bathroom totaling 1200 ft. 900 sq. ft. basement of 900 with almost 7' in height everywhere. 2-car parking (one behind the other) and a beautiful large yard with garden of more than 1200 sq. ft.! This is a location of choice! Don't miss it. Each dwelling on the 2nd and 3rd floors has front and rear balconies.

2014-A: 683$ / month - 3 1/2.

2014-B: 850$ / month - 3 1/2.

2016: 1023$ / month - 6 1/2.

2018: free - 5 1/2.

Actual revenues: 30 672$.

All apartments have Hydro-Solution water heaters. 3 apartments out of 4 are paid by the owner (41$ / month for the 3 dwellings total) the other is at the expense of the tenant.

Very large building for a 4-plex, could easily be converted to 5-plex or condo. Need of global renovatio,n but the fact that the ground floors is free simplifies the process a lot.

* Building eligible for more than 45 000$ grant (subsidy ''réno à la carte'' - city of Montreal).

Visit by appointment available.

No agents please. 

Complete Description
Complete Description

Property features

Asking Price
$749,000
Details
With income
Year of construction
1940
Building dimensions
1 400 ft² (130.06 m²)
General condition
To renovate
Occupation rate
75
Certificate of Location
Yes
Courtyard orientation
West
Number of parkings
2
Municipal evaluation's date
2019
Building's municipal evaluation
$502,400
Taxes year
2019
1 Bedroom
2
3 Bedroom
1
4 Bedroom and more
1
Bedrooms (total)
8

External facing:

  • Brick

Foundation:

  • Cast concrete

Frame:

  • Wooden part on part

Roof:

  • Gravel and asphalt

Floor coverings:

  • Parquet

Heating source:

  • Electric

Electric system:

  • 100 amps

Bathroom:

  • Bath and shower

Basement:

  • Unfinished

Parking / Driveway:

  • Asphalt

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Restaurant
  • 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
  • Sportif center
  • Library
  • Bicycle Path

Complete list of property features

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
Mortgage
School taxes
$81.50
$978.00
Municipal taxes
$341.55
$4,098.59
Insurance
$191.67
$2,300.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Annual income
$3,791.67
$45,500.00

Property transfer duties

In Quebec, the property transfer duties is a tax that all municipalities must collect from the new owner (buyer) of a property.

$

How to buy this property

Found your dream home? Here’s a summary of steps to follow to become a homeowner. For detailed information, click here:

Buy on DuProprio.com
Did you know?

Whether you purchase a property from a homeowner or from a broker, the steps involved and the legal implications are the same. You’ll see that buying without an intermediary has many advantages!

Can I afford to buy this property?

Prior to visiting a property, you should verify whether you have the means to purchase it by meeting with a financial advisor. Don’t forget, you must have enough money to cover both a down payment and the expenses related to the transaction (notary, property transfer duties, etc.).

Is this property right for me?

Consult the listing to determine whether the property features meet your needs. If necessary, communicate with the homeowner to obtain additional information. You may then make an appointment with the homeowner for a visit and prepare a list of questions to ask him.

Do I need to conduct a property inspection?

Verifying the condition of the property prior to purchasing it is a good precaution to take. In order to do so, you can hire a home inspector. He will intervene at a later date. Be prepared to add the inspection conditions to the offer to purchase.

How much should I offer?

Easily familiarize yourself with the market by visiting DuProprio.com and by verifying the price that comparable properties in the area have sold for. You’ll get a better idea of how much you should offer. You can also hire a licensed appraiser.

FBD300AC-7746-4E68-A20C-3F23471BB772
How do I proceed with an offer to purchase?

Have a discussion with the homeowner in order to come to an agreement on the price, the conditions of the sale and the possession date. You can then complete the offer to purchase form.

Thanks to DuProprio, the seller benefits from a legal assistance service and can ask their legal questions in order to properly complete the document.

The sale will be sealed with a notary, but until then, nothing prevents you from consulting a notary to write-up an offer to purchase. Once the deed of sale is drafted, you will be the new homeowner!

Documents - Offer to purchase and counteroffer

$749,000

Quadruplex for sale

No. 863245

With income
Contact the owner
Contact the owner