Revenue property for sale, Montréal (Côte-des-Neiges/Notre-Dame-de-Grâce)

$ 4,699,000

3202, Boul. Édouard-Montpetit

Montréal (Côte-des-Neiges/Notre-Dame-de-Grâce)

Photo Marc Ezerzer

Marc Ezerzer

Residential and Commercial Real Estate Broker

514 772-0771

Photo Hagay Brener

Hagay Brener

Residential and Commercial Real Estate Broker

514 833-6452

Centris #
#9129020
Property type
Building style
Semi-detached
Construction year
1924
Land area

Characteristics

Heating system
Hot water
Water supply
Municipality
Heating energy
Natural gas
Equipment available
Entry phone
Proximity
Highway , Daycare centre, Hospital, Park - green area, Bicycle path, Elementary school, High school, Public transport, University
Sewage system
Municipal sewer
Zoning
Residential

Dimensions

Front of the building
Depth of the building
Living area
Front of the land
Depth of the land
Land area

Room Dimensions

Rooms
0 rooms    |    0 bedroom(s)    |    0 bathroom(s)    |    0 washroom(s)

Exclusions

As per the leases, Electricity, cable, and internet are not included in the lease.

Addenda


UNIQUE INVESTMENT OPPORTUNITY

AAA location!!! Ideally located on Édouard-Montpetit Boulevard, in the heart of the highly sought-after Côte-des-Neiges neighbourhood -- just minutes from the Université de Montréal, major hospitals, schools, and all essential services.

SALE CONDITIONS

Sale without legal warranty, at the buyer's risk and peril.

The building and all its components are sold as-is, where-is.

A new certificate of location will be ordered by the sellers.

A new Phase I environmental report will be ordered by the sellers only after an accepted offer.

All offers must include:

Proof of down payment

Proof of funds

The buyer's choice of notary must be approved by both the buyer and the seller.

The buyer's choice of inspector must also be approved prior to the inspection.

KEY HIGHLIGHTS

AAA location -- university & hospital district

Exceptionally high rental demand

Strong income-growth potential

First time on the market -- family-owned for decades

Simplified management thanks to building proximity





About this property

FIRST TIME ON THE MARKET. AAA location near Université de Montréal and major hospitals. Exceptional rental demand with strong upside potential. Family-owned for decades. Sold without legal warranty, as-is. New certificate of location and Phase 1 provided after accepted offer. Ideal for institutional or private investors.

Sale with exclusion(s) of legal warranty - See listing broker(s).
Information request

Financial details

Annual
Monthly
Municipal evaluation (2021)
Building
$ 2,284,800
Land
$ 810,100
Taxes
(0)
$ 2,025 $ 169
(0)
$ 2,025 $ 169
Expenses & Energy
$ 0 $ 0
$ 0 $ 0
Potential Gross Revenue
Residential
$ 192,600 $ 16,050
Other
$ 2,400 $ 200

Calculators

  • Monthly payment
  • Transfer tax
  • Purchasing power

Monthly instalments

 

**Price does not include CMHC insurance premium.

Transfer tax

 

** For reference only, for the exact amount, please confirm with the city or municipality.

Purchasing power

 

**Price does not include CMHC insurance premium.

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