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$2,650,000 +GST/QST

10plex for sale - Rosemont/La Petite-Patrie (La Petite-Patrie)

$2,650,000 +GST/QST

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$2,650,000 +GST/QST

10plex for sale - Rosemont/La Petite-Patrie (La Petite-Patrie)

$2,650,000 +GST/QST

Next Open House

1559 - 1571 Rue Bélanger, Rosemont/La Petite-Patrie (La Petite-Patrie), H2G 1A9

Super opportunity to catch for investor. 10Plex in excellent condition with gross income of $ 143,868. Commercial and residential zoning, offering two commercial premises on the ground floor as well as eight residential apartments on the upper floors. Stable and quality tenants. Parking spots behind the building (6), one garage and eight lockers.

  • Lot area: 6,239 SF
  • NUMBER OF ROOMS : 0
  • Year built : 1944
PHILIPPE DAUNAIS
Real Estate Broker
Building details and property interior
Particularities plusParticularities minus

65'70" X 56'10" Irregular

1944

Aluminum

Sliding

Concrete , Brick

Single width

Wood , Ceramic , Flexible floor coverings , Laminate floor

Addenda
Particularities plusParticularities minus

Great opportunity for investors. 10Plex with gross revenue of $143,868.

Commercial and residential zoning, offering two commercial space on the ground floor as well as eight residential apartments on the upper floors.

All residential apartments have a front balcony and a rear balcony. Storage spaces (lockers) for all residents for a total of eight storage spaces. Stable and quality residential tenants. Very easy to rent.

The commercial spaces have six paved outdoor parking all lined behind the building.

Two clinics, podiatric and osteopathy, have stable leases renewable every 5 years.

Located in the heart of Rosemont between Fabre and Marquette streets, two blocks from Avenue Papineau, Jean-Talon Hospital and walking distance of Fabre (Blue line) and Beaubien (Orange line) metro stations.

Marcanio Metro Market in front of the building, Jean-Coutu pharmacy at two corners (Papineau) as well as a variety of cafes, restaurants and shops.

Neighborhood that has been positively transformed since couple years, to the greatest benefit of residents.

Eight units of size 3 1/2, approximately 550 square feet each.

Hardwood floors, floating, sometimes vinyl or ceramic in some kitchens. Ceramics of "vintage" origins in the bathrooms and other bathrooms a little renovated.

The monthly electricity costs are all tenant's responsibility.

Basement occupied by the owner is accessible for various storage or other needs. Potential for additional rental income valued at $4000/year.

Owner-occupied garage adjacent to parking spaces which is also a potential added value.

Annual effective gross revenues
$143,868

Annual operating expenses
$40,091

Annual Net Operating Revenues
$103,777







Building details and property interior
Particularities plusParticularities minus

65'70" X 56'10" Irregular

1944

Aluminum

Sliding

Concrete , Brick

Single width

Wood , Ceramic , Flexible floor coverings , Laminate floor

Lot and exterior features
Particularities plusParticularities minus

65'70" X 95'60" Irregular

6,238.76 SF

Flat

Asphalt

Driveway : 6 , Garage : 1

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

Commercial , Residential

Characteristics
Particularities plusParticularities minus

Electric baseboard units

Electricity

Outside storage

Municipality

Municipality

Financial details
Particularities plusParticularities minus
Assessment (2021)
Taxes
  • (2021)
  • (2021)
Gross yearly revenu (potential)
Annual Expenses
Energy
1559 - 1571 Rue Bélanger, Rosemont/La Petite-Patrie (La Petite-Patrie), H2G 1A9
NEIGHBOURHOOD STATISTICS
  • Statistics Person living alone
  • Statistics Families with children
  • Statistics Families with no children
  • 20.7%
  • 17.0%
  • 9.9%
  • 14.7%
  • 36.7%
  • 0.1%
  • 0.9%
  • 19.3%
  • 75.3%
  • 2.9%
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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PHILIPPE DAUNAIS
Real Estate Broker

MORTGAGE PAYMENTS CALCULATOR

Financial details

Assessment (2021)
Taxes
  • (2021)
  • (2021)
Gross yearly revenu (potential)
Annual Expenses
Energy
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