Revenue property for sale, Montréal (Verdun/Île-des-Soeurs)

$ 10,550,000

315, Rue Rielle

Montréal (Verdun/Île-des-Soeurs)

Plan a visit

Garry Malakhanian

Residential and Commercial Real Estate Broker

514 827-2196

Centris #

#27195940

Property type

Building style

Detached

Construction year

1968

Land area

566.50 m²

514 827-2196 Plan a visit Information request

Characteristics

Water supply

Municipality

Sewage system

Municipal sewer

Zoning

Residential

Dimensions

Front of the building

34.05 m

Depth of the building

15.27 m

Living area

Front of the land

Depth of the land

Land area

566.50 m²

Room Dimensions

Rooms

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

Addenda

Renovations:

The property has been 100% renovated in 2019 to a standard in line with that of new condominium construction. All work indicated below has been completed by CCQ and RBQ accredited professionals using 100% new materials.

Electrical (2019):

*Common Areas: Main electrical entry, aerial powerline, exterior lighting (3 facades), intercom system, cameras, CAT6 wiring/server room, new wiring & heaters in utility rooms, entrance and hallways.

*Apartment Units: Breaker panels, LED recessed lighting, wiring for range hood & microwave, new plugs/switches/fixtures, baseboard heaters & thermostats, CAT6 wiring & router.

*Basement/Garage: Full electrical replacement, new main distribution to laundry/garage, garage door motor.

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Plumbing (2019):

*Common Areas: Roof drains & vents (cast iron & PVC), copper & Wirsbo water entry, Gaz boiler.

*Apartment Units: Cast iron & PVC drains, Wirsbo water distribution.

*Basement/Garage: PVC underground drains, copper hot & cold water, French drain system around perimeter & center.

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Building Structure (2019):

*Exterior: masonry repairs (bricks, sills, pointing), elastomere membrane roof, doors & windows, balconies, fascias, brick acid wash & foundation stripping, sealed/treatment of foundation.

*Interior Common Areas: Walls/floors rebuilr where needed, metal support beams in basement, terrazzo stairs repaired/polished, basement concrete slab replaced with new gravel base.

*Apartments: Double gypse and cellulose soundproofing, new insulation along exterior walls, hardwood floors refinished (living/bedrooms), porcelain floors (kitchen/baths), new/updated gypse, plastering, priming & painting, bathroom/kitchen ventilation ducts added.

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Fire Alarm (2019):

*Common Areas: Fire alarm system brought to code, main panel, horns, smoke detectors, emergency exit lighting.

*Apartment Units: Smoke detectors, horns, (linked to main panel).

*Basement: Smoke detectors, horns, exit lighting.

*Security: Cameras at entrances/exists, intercom system.

About this property

Turn-key 32-unit multifamily investment located in the heart of Verdun. The property was fully renovated in 2019-2020 with high-end finishes including quartz countertops, hardwood and porcelain floors, sound insulation, and upgraded mechanical, electrical and plumbing systems. Well-balanced unit mix: 2 x 2½, 17 x 3½ and 13 x 4½, plus 6 indoor garage spaces and common laundry. Ideally located steps from De l'Église metro and vibrant Wellington Street with cafés, restaurants and shops. Close to parks and Verdun Beach. Excellent rental demand with strong income and CMHC MLI Select financing potential. Exceptional turnkey asset in prime location!

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

Information request

Financial details

Annual

Monthly

Municipal evaluation (2024)

Building

$ 4,277,800

Land

$ 821,400

Taxes

(0)

$ 2,025 $ 169

(0)

$ 2,025 $ 169

Expenses & Energy

$ 0 $ 0

Potential Gross Revenue

Residential

$ 565,952 $ 47,163

Parkings

$ 9,600 $ 800

Other

$ 6,600 $ 550

Calculators

Monthly payment
Transfer tax
Purchasing power

Monthly instalments

**Price does not include CMHC insurance premium.

City

Property price

Transfer tax

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

Payment amount

Payment frequency

Interest rate

Down payment

Loan term (years)

Purchasing power

**Price does not include CMHC insurance premium.

Revenue property for sale, Montréal (Verdun/Île-des-Soeurs)

Garry Malakhanian

Characteristics

Dimensions

Room Dimensions

Addenda

About this property

Financial details

Calculators

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About this property.

Revenue property for sale, Montréal (Verdun/Île-des-Soeurs)

Garry Malakhanian

Characteristics

Dimensions

Room Dimensions

Addenda

About this property

Financial details

Calculators

You like this property?Share it!

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