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3 bedrooms
1 bathroom
Lot dimensions 81.99x29.00 ft (24.99x8.84 m)

Owners’ comments

Automated translation

QUINTUPLEX

FOR RENVATOR INVESTOR

Ground floor (occupied by owner seller)

8 ½

1

A closed room.

Two double living rooms, one of which is separated by a wall in order to create two children's rooms.

Large kitchen open to dining room+veranda with large windows.

Brick wall.

Slate floors+hardwood.

Gas stove (JENN AIR).

Hot water heating powered by electricity.

Gas water heater (Energir)

Second and third floors

3 ½

4

Potential housing income of $55,368

Recent work.

Insulation of the lower veranda + exterior coating. (? 2010)

Replacement of the three front balconies + stairs. (2017)

Replacement of the six windows + front doors on the ground floor. (? 2010)

Replacement of the furnace + electric box for switching to the power supply. (2018)

Replacement of the water inlet. (2019)

Hardwood laying in three of the rental dwellings.

New bathroom in Mon two.

Work to be undertaken:

- Stacking of the rear foundation wall. Contract already given to Fondabec, at a cost of $40,000. Planned start of work, April 2020.

- Roof of the veranda and skylight (4.40 meters x 5.50 meters) to be redone.

- Interior finish of the veranda. (see photo)

- One of the dwellings, currently occupied as an office by the owner, needs renovations to the kitchen (countertops) and the bathroom. Has a very large terrace of 7.47 meters x 4.36 meters. Very interesting potential.

The

limmeuble needs care in general. Possibility to substantially increase the value. This building does not reach its true potential. Investors need to be aware of this.

Neighbourhood in perpetual improvement. Near a community center, five minutes walk from Baldwin Park, school, public swimming pool. A 15-minute walk from the Mont-Royal lavenue. Near the Notre-Dame Hospital.

Complete Description
Complete Description

Property features

Asking Price
$995,000
Year of construction
1925
Certificate of Location
Yes
Municipal evaluation's date
2019
Lot's municipal evaluation
$190,000
Building's municipal evaluation
$657,000
Taxes year
2019
1 Bedroom
4
4 Bedroom and more
1
Bedrooms (total)
3

Foundation:

  • Cast concrete

Roof:

  • Gravel and asphalt

Floor coverings:

  • Hardwood

Windows:

  • Aluminium
  • Wood

Heating source:

  • Hot water
  • Electric

Electric system:

  • Breakers panel

Basement:

  • Low (6 feet or under)
  • Unfinished

Upgrades:

  • Cabinets
  • Heating
  • Kitchen
  • Electrical
  • Windows
  • Insulation
  • Floors
  • Doors

Near Commerce:

  • Supermarket
  • Drugstore
  • Restaurant
  • Bar

Near Health Services:

  • Hospital

Near Educational Services:

  • Daycare
  • Kindergarten
  • Elementary school
  • High School

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Open concept
Storey: Main floor
Dimensions: 24' 11" x 20' 1" (7,60 m x 6,13 m)
Flooring: Slate

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.

$995,000

Quintuplex for sale

No. 892905

Contact the owner
Contact the owner
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