$2,574,000 +GST/QST

7Plex for sale - Montréal (Le Plateau-Mont-Royal) (Le Plateau-Mont-Royal)

$2,574,000 +GST/QST

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$2,574,000 +GST/QST

7Plex for sale - Montréal (Le Plateau-Mont-Royal) (Le Plateau-Mont-Royal)

$2,574,000 +GST/QST

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2294 - 2296 Av. du Mont-Royal E., Montréal (Le Plateau-Mont-Royal) (Le Plateau-Mont-Royal), H2H 2J7

GOLDEN OPPORTUNITY - For investor or owner-occupant. Seven plex with 5 residential units and 2 businesses on the ground floor. High rental income. Vast building well maintained over the years. Turnkey and ultra-functional apartments. Garage and parking. Key location in the Plateau-Mont-Royal: At the crossroads of the effervescence of Mont-Royal Avenue and the tranquility of Fullum Street, within walking distance of Baldwin Park and local businesses of Mont-Royal Avenue.

  • Lot area: 2,814 SF
  • NUMBER OF ROOMS : 0
  • Year built : 1960
YANICK E SARRAZIN
Residential and Commercial Real Estate Broker
Brokers tranquilit
Building details and property interior
Particularities plusParticularities minus

32' X 88' Irregular

1960

PVC

Guillotine

Asphalt and gravel

Attached , Heated , Single width

Addenda
Particularities plusParticularities minus

The complete address of the building: 2294-2296, Mont-Royal E. Av. / 4496, Fullum Street. The building faces Mount Royal Avenue E. at the corner of Fullum Street.

The residential usage represents FIFTY-THREE AND FORTY-FIVE PERCENT (53.45%) of the value of the building and the commercial usage represents FORTY-SIX AND FIFTY-FIVE PERCENT (46.55%) of the value of the building.

Commercial:
2296 Mont-Royal Ave E.: Rented by the Café des Bois for $2500/month gst/qst included (no lease) + $400/month for garage rental (no lease) - Storage in basement (basement less than 6 feet, concrete floor).

Commercial:
2294 Mont-royal E. Av.: Rented by the Poke bol in the amount of $2069/month including additional rent (22% of municipal taxes) and gst/qst (lease) + $100/month for the rental of the parking lot (without lease) - Storage in the basement (basement less than 6 feet, concrete floor).

As of July 1, 2024, apartment #2 will be available to the buyer.

Apartments #1, #3, #4 and #5 are leased.

New pool project nearby: The new pool will be located in the northwest sector of Baldwin Park. A future 50-meter pool with swim lanes will accommodate more swimmers. A paddling pool and a beach with a shaded area are also planned. The pool is scheduled to open in 2027.

Building details and property interior
Particularities plusParticularities minus

32' X 88' Irregular

1960

PVC

Guillotine

Asphalt and gravel

Attached , Heated , Single width

Lot and exterior features
Particularities plusParticularities minus

32' X 88'

2,814 SF

Driveway : 1 , Garage : 1

Highway , Daycare centre , Hospital , Metro , Park , Bicycle path , Elementary school , High school , Public transportation

Commercial , Residential

Characteristics
Particularities plusParticularities minus

Convection baseboards , Electric baseboard units

Electricity

Municipality

Municipality

Included & Excluded
Particularities plusParticularities minus

According to leases (all 5 apartments are fully furnished)

Personal belongings of the tenants

Financial details
Particularities plusParticularities minus
Assessment (2023)
Taxes
  • (2024)
  • (2023)
Gross yearly revenu (potential)
Annual Expenses
2294 - 2296 Av. du Mont-Royal E., Montréal (Le Plateau-Mont-Royal) (Le Plateau-Mont-Royal), H2H 2J7
NEIGHBOURHOOD STATISTICS
  • Statistics Person living alone
  • Statistics Families with children
  • Statistics Families with no children
  • 8.3%
  • 14.0%
  • 6.2%
  • 17.5%
  • 53.9%
  • 0.1%
  • 0.1%
  • 3.9%
  • 93.3%
  • 2.6%
UnilingualFrenchUnilingualEnglishBilingual(fr/en)Other 0% 10% 20% 30% 40% 50% 60% 70% 80% 90%100%
  • Statistics Household
  • Statistics Individual
  • Statistics Owners
  • Statistics Renters
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YANICK E SARRAZIN
Residential and Commercial Real Estate Broker
Brokers tranquilit

MORTGAGE PAYMENTS CALCULATOR

Financial details

Assessment (2023)
Taxes
  • (2024)
  • (2023)
Gross yearly revenu (potential)
Annual Expenses
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