Property Information:
Opportunity to acquire a concrete structure of 37 doors that has been upgraded. The building generates an annual gross revenue of $621,096 with 38,634 SF of building area across 3 levels.The building comprises (32×4½) & (5×3½) Several renovated with modern white kitchens & bathrooms.28 indoor parking spaces & 14 exterior spaces, generating additional income. 29 lockers available for tenants.Each unit equipped with its own washer & dryer and the building is serviced by an elevator.Stable income with strong upside potential for future growth.Ideally located near Teresa-Dellar Alouette Park & Shakespeare Park. Detailed rent-roll available
Rare opportunity to acquire a 37 door building with a concrete structure, generating an annual gross revenue of $621,096. Spanning 38,634 SF across three levels, this well-maintained property features a mix of renovated units and original charm, and is ideally located near Teresa-Dellar Alouette Park and Shakespeare Park, with convenient access to all essential services.
-Gross annual revenue: $621,096.
-Projected revenue with upcoming renewals: $669,756 (5 units currently vacant)
-Parking revenue of $19,272 is included in the current gross annual amount.
Stable income with strong upside potential.
- 32 × 4½ units and 5 × 3½ units.
- Renovated units feature modern white kitchens and bathrooms; remaining units retain original character and finishes.
- Large windows providing an abundance of natural light.
- Each unit equipped with in-unit washer and dryer.
- One unit occupied by the concierge.
- Building has sprinkler system
- Balcony style: concrete balconies with metal railings
Building features & amenities:
- One elevator.
- Janitor apartment: 1st floor.
- Storage rooms on 1st floor.
- 29 lockers for tenant use.
- Concrete hallway flooring: garage/storage area included.
- Electrical meters: 24 meters.
- Each floor has at least one fire hose closet and fire sensors near exits.
Capital Improvements :
- Roof repaired in 2024.
- All hot water tanks replaced in 2024.
- Balconies upgraded; concrete with metal railings.
Parking & Revenue:
- 28 indoor parking spaces and 14 exterior spaces.
- Parking revenue of $19,272 annually is included in the current gross annual amount.
Inclusions: As per the leases.
Exclusions : As per the leases.
Building Features:
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Common Walls:
Detached
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Lot Features:
Highway, CEGEP, Daycare centre, Hospital, Metro, Park, Bicycle path, Elementary school, Réseau Express Métropolitain (REM), High school, Public transportation
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Total Finished Area:
38634 Square Feet
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Utilities:
Water Connected, Sewer Connected
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Water Source:
Municipality
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Sewer:
Municipality
