3 bedrooms
1 bathroom
1 half bath
Lot dimensions 2,637.16 ft² (245 m²)

Owners’ comments

Automated translation

Superb 5-plex located in the heart of the Montcalm district, close to Cartier Avenue. Its position, at the corner of Bourlamaque Avenue and Saunders Street, ensures maximum light for all accommodations

.

The building has benefited from several quality renovations in recent years, including electrical and plumbing infrastructures.

The main unit is left vacant by the seller, ideal for an owner-occupier or very easy to rent for an investor thanks to its cachet and its recent renovations.

Annual income (4 units) of $72,000, with a potential of an additional $30,000 for renting the main unit.

1157 - 6½ in semi-basement - completely renovated in 2023: Kitchen, bathroom, plumbing, electricity, floors

1159 - 5½ on the ground floor - completely renovated 2014: Kitchen, bathroom, plumbing, electricity, floors

1161 - 8½ on the 1st floor - completely renovated in 2022: Kitchen, bathroom, laundry room, plumbing, electricity. Sold with lights, curtains and accessories. Available for owner-occupier

1163 - 8½ on the 2nd floor - Housing that has retained its original charm, very well maintained over the years. It offers the most beautiful view of the Montcalm district and its surroundings

.

196 Saunders - 4½ on the ground floor - Housing partially renovated in 2024: kitchen.

All the rear balconies were renovated in 2022 and built with sustainable and harmonious materials.

Separate electrical entrances for each tenant, as well as an entrance dedicated to heating (central heating with hot water). Heating is included in the rent price. Technical rooms (electrical room, boiler room and depots) are available in the basement and at the back

.

Free home visit on request. Visit the other homes upon accepted purchase offer.

Complete Description
Complete Description

Property features

Asking Price
$1,695,000
Style
Link
Details
Available now
Year of construction
1919
Building dimensions
30x80 ft (9.14x24.38 m)
Occupation rate
80
Certificate of Location
Yes
Courtyard orientation
East
Lot's municipal evaluation
$337,000
Building's municipal evaluation
$798,000
Annual income
$102,000.00
2 Bedroom
1
3 Bedroom
1
4 Bedroom and more
3

External facing:

  • Brick

Foundation:

  • Cast concrete

Roof:

  • Elastomer membrane

Heating source:

  • Hot water

Features:

  • Furnace
  • Ceiling fixtures

Basement:

  • Totally finished

Upgrades:

  • Kitchen
  • Electrical
  • 9ft ceilings
  • Plumbing
  • Bathrooms
  • Painting

Location:

  • Near park
  • Public transportation

Lot description:

  • Corner lot

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Restaurant
  • Bar

Near Health Services:

  • Dentist
  • Health club / Spa

Near Educational Services:

  • Daycare
  • Elementary school
  • High School

Near Recreational Service:

  • Museum
  • Bicycle Path

Complete list of property features

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$66.21
$794.57
Municipal taxes
$947.72
$11,372.60
Electricity
$750.83
$9,010.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Revenues
$8,500.00
$102,000.00

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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$1,695,000

Quintuplex for sale

1157 avenue de Bourlamaque Montcalm Québec Rive-Nord

No. 1119975

Available now
Are you interested in this property?
Here’s how to contact the owner
Are you interested in this property?
Here’s how to contact the owner