6 bedrooms
2 bathrooms
Lot dimensions 2 200.14 ft² (204.4 m²)

Owners’ comments

*** TOP OF DUPLEX WILL BE AVAILABLE TO THE PURCHASER. ****

Duplex in an up-and-coming area. Very well maintained building over 17 years of ownership. It offers two units with 3 bedrooms, a large office (which can be used as a guest bedroom), front and rear balconies on each floor, an unfinished concrete basement with 2 independent entrances, and an LG wall-mounted dual zone A/C - heat pump that can be in used down to -10 ºC.

The backyard, bordered by a retractable fence over its entire width, offers the possibility of 2 parking lots or a garden/parking combo. On foot, this duplex is 3 min from Iberville metro station, 8 min from St-Michel metro station, and François Perrault's park. It is the ideal location for families, young professionals, or UofM students. The REM will allow you to reach downtown in 15 min.

The lower duplex is rented by the same tenants since 2018, providing the future 'owner-occupier' with an income of $1,775 / month ($21,300). Investors will be able to aspire to a potential income of at least $42,600.

Realtors are welcome with a buyer in possession of a bank confirmation of mortgage pre-approval.

This is not an offer or promise that could bind the seller to the buyer, but an invitation to submit such offers or promises. We will respect the current COVID visit protocol (imposed by the authorities).

ADDENDA

Great opportunity!

Please note that the basement, which is 6'1" to 6'4" high, will be available to the buyer (very large storage space since it has the same square meters as the upper floors).

The woodwork and wooden doors in the 2 units have been hand stripped.

The 2 hot water tanks have a capacity of 60 gallons are rented from HydroSolution.

Via the alley, there are 2 to 3 parking spaces or a combination of a yard + 1 parking space or simply a large private yard (no hassle to find parking on the street).

The 4 survey markers were placed at the boundaries of the land. A new certificate of location was ordered, the land area and living area were taken from the city's property roll.

Complete Description
Complete Description

Property features

Asking Price
$880,000
Details
By appointment
Year of construction
1946
Building dimensions
2 323.93 ft² (215.9 m²)
General condition
Very good
Certificate of Location
Yes
Number of parkings
2
Taxes year
2021
3 Bedroom
2
Bedrooms (total)
6

External facing:

  • Brick

Foundation:

  • Cast concrete

Roof:

  • Gravel and asphalt

Floor coverings:

  • Hardwood
  • Ceramic
  • Granite
  • Terrazzo

Windows:

  • Aluminium

Heating source:

  • Electric
  • Thermo-pump

Electric system:

  • 100 amps
  • 200 amps

Features:

  • Central air
  • Ceiling fixtures
  • Stove
  • Window coverings
  • Blinds

Kitchen:

  • Raised panel maple
  • Wooden cabinets
  • Dishwasher
  • Stove
  • Fridge

Bathroom:

  • Bath and shower
  • Separate Shower

Basement:

  • Concrete
  • Separate entrance
  • Unfinished
  • Potential income

Parking / Driveway:

  • Outside
  • Paving stone

Location:

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

Lot description:

  • Flat geography
  • Fenced

Near Commerce:

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

Near Health Services:

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

Near Educational Services:

  • Daycare
  • 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
School taxes
$30.60
$367.14
Municipal taxes
$253.21
$3,038.56

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Revenues
$1,775.00
$21,300.00

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.

$880,000

Duplex for sale

2587-2589, rue Jean-Talon Est Villeray / St-Michel / Parc-Extension Montréal / l'Île

No. 971510

By appointment
Contact the owner
Contact the owner