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4060 Ch. de la Côte-Ste-Catherine, Montréal (Côte-des-Neiges/Notre-Dame-de-Grâce), QC, H3T 1E8

MLS® # 28680604
Investment For Sale In Kent Park, Montréal (Côte-des-Neiges/Notre-Dame-de-Grâce), Quebec
$3,995,000
Frontage - 4060 Ch. De La Côte-Ste-Catherine, Montréal (Côte-Des-Neiges/Notre-Dame-De-Grâce), QC - Outdoor
Frontage - 4060 Ch. De La Côte-Ste-Catherine, Montréal (Côte-Des-Neiges/Notre-Dame-De-Grâce), QC - Outdoor With Facade
Frontage - 4060 Ch. De La Côte-Ste-Catherine, Montréal (Côte-Des-Neiges/Notre-Dame-De-Grâce), QC - Outdoor
Living room - 4060 Ch. De La Côte-Ste-Catherine, Montréal (Côte-Des-Neiges/Notre-Dame-De-Grâce), QC - Indoor Photo Showing Living Room
Kitchen - 4060 Ch. De La Côte-Ste-Catherine, Montréal (Côte-Des-Neiges/Notre-Dame-De-Grâce), QC - Indoor Photo Showing Kitchen
Bedroom - 4060 Ch. De La Côte-Ste-Catherine, Montréal (Côte-Des-Neiges/Notre-Dame-De-Grâce), QC - Indoor
Bedroom - 4060 Ch. De La Côte-Ste-Catherine, Montréal (Côte-Des-Neiges/Notre-Dame-De-Grâce), QC - Indoor Photo Showing Bedroom
Bathroom - 4060 Ch. De La Côte-Ste-Catherine, Montréal (Côte-Des-Neiges/Notre-Dame-De-Grâce), QC - Indoor Photo Showing Bathroom
Balcony - 4060 Ch. De La Côte-Ste-Catherine, Montréal (Côte-Des-Neiges/Notre-Dame-De-Grâce), QC - Outdoor With Exterior
Dining room - 4060 Ch. De La Côte-Ste-Catherine, Montréal (Côte-Des-Neiges/Notre-Dame-De-Grâce), QC - Indoor
Laundry room - 4060 Ch. De La Côte-Ste-Catherine, Montréal (Côte-Des-Neiges/Notre-Dame-De-Grâce), QC - Indoor Photo Showing Laundry Room
Passageway - 4060 Ch. De La Côte-Ste-Catherine, Montréal (Côte-Des-Neiges/Notre-Dame-De-Grâce), QC - Indoor Photo Showing Other Room
Garage - 4060 Ch. De La Côte-Ste-Catherine, Montréal (Côte-Des-Neiges/Notre-Dame-De-Grâce), QC - Indoor Photo Showing Garage
Frontage - 4060 Ch. De La Côte-Ste-Catherine, Montréal (Côte-Des-Neiges/Notre-Dame-De-Grâce), QC  - Outdoor
Frontage - 4060 Ch. De La Côte-Ste-Catherine, Montréal (Côte-Des-Neiges/Notre-Dame-De-Grâce), QC  - Outdoor With Facade
Frontage - 4060 Ch. De La Côte-Ste-Catherine, Montréal (Côte-Des-Neiges/Notre-Dame-De-Grâce), QC  - Outdoor
Living room - 4060 Ch. De La Côte-Ste-Catherine, Montréal (Côte-Des-Neiges/Notre-Dame-De-Grâce), QC  - Indoor Photo Showing Living Room
Kitchen - 4060 Ch. De La Côte-Ste-Catherine, Montréal (Côte-Des-Neiges/Notre-Dame-De-Grâce), QC - Indoor Photo Showing Kitchen
Bedroom - 4060 Ch. De La Côte-Ste-Catherine, Montréal (Côte-Des-Neiges/Notre-Dame-De-Grâce), QC - Indoor
Bedroom - 4060 Ch. De La Côte-Ste-Catherine, Montréal (Côte-Des-Neiges/Notre-Dame-De-Grâce), QC - Indoor Photo Showing Bedroom
Bathroom - 4060 Ch. De La Côte-Ste-Catherine, Montréal (Côte-Des-Neiges/Notre-Dame-De-Grâce), QC - Indoor Photo Showing Bathroom
Balcony - 4060 Ch. De La Côte-Ste-Catherine, Montréal (Côte-Des-Neiges/Notre-Dame-De-Grâce), QC - Outdoor With Exterior
Dining room - 4060 Ch. De La Côte-Ste-Catherine, Montréal (Côte-Des-Neiges/Notre-Dame-De-Grâce), QC - Indoor
Laundry room - 4060 Ch. De La Côte-Ste-Catherine, Montréal (Côte-Des-Neiges/Notre-Dame-De-Grâce), QC - Indoor Photo Showing Laundry Room
Passageway - 4060 Ch. De La Côte-Ste-Catherine, Montréal (Côte-Des-Neiges/Notre-Dame-De-Grâce), QC - Indoor Photo Showing Other Room
Garage - 4060 Ch. De La Côte-Ste-Catherine, Montréal (Côte-Des-Neiges/Notre-Dame-De-Grâce), QC - Indoor Photo Showing Garage
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4060 Ch. de la Côte-Ste-Catherine, Montréal (Côte-des-Neiges/Notre-Dame-de-Grâce), QC, H3T 1E8
$3,995,000

Property Information:

Situated strategically across from the Jewish General Hospital, this 14-plex revenue property offers an exceptional investment opportunity. Its prime location is complemented by its proximity to the metro and public transportation. The property consists of 13 generously sized 4 1/2 units and one spacious studio. 7 indoor parking spaces addresses a key urban challenge and enhances tenant convenience. The inclusion of laundry facilities further adds to the property's appeal. Market-responsive rent adjustments, area development trends, and the option to upgrade amenities could all contribute to enhanced returns.

***DESCRIPTION***
+Strategically located across the Jewish General Hospital.
+Steps away from metro station and public transportation.
+The property consists of 13 large 4 1/2 units and one large studio.
+The inclusion of 7 indoor parking spaces is a valuable amenity.
+Laundry facility on site.
+The property is well maintained.
+The current rents are below market value, there is potential to increase rental income.
+Investing in updates or modern amenities could attract higher-paying tenants and justify higher rents.
+Large lot.
+Dettached building.

***DECLARATIONS***
*The choice of inspectors shall be agreed by both parties prior to the inspection.
*All fireplaces need to be verified by the buyer and are sold without any warranty with respect to their compliance with applicable regulations and insurance company requirements.
*All promise to purchase by collaborating brokers must be emailed to the listing broker.
*A 24 hour notice is required prior to each visit.

Inclusions: According to the leases.

Exclusions : All of Lessees' personal belongings, Lessees' furniture and Lessess' appliances.

Building Features:

  • Foundation: Poured concrete
  • Garage: Built-in, Single width
  • Lot: Landscaped
  • Parking: Garage
  • Proximity: Restaurants, shops, services and others, Highway, CEGEP, Daycare centre, Hospital, Metro, Park, Bicycle path, Elementary school, High school, Public transportation, University
  • Roofing: Asphalt and gravel
  • Size: 92.0 x 48.0 Feet
  • Heating System: Hot water
  • Heating Energy: Natural gas
  • Water Supply: Municipality
  • Sewage System: Municipality

Potential Gross Revenue:

  • Residential: $178,524

Taxes:

  • Municipal Tax: $20,019
  • School Tax: $2,491
  • Annual Tax Amount: $22,510

Expenses:

  • Insurance: $7,868
  • Super: $7,200
  • Electric: $1,247
  • Gas: $19,737

Property Assessemnt:

  • Lot Assessment: $970,300
  • Building Assessment: $2,315,600
  • Total Assessment: $3,285,900

Property Features:

  • Bedrooms: 2
  • Bathrooms: 1
  • Built in: 1947
  • Floor Space (approx): 13487.66 Square Feet
  • Irregular: Yes
  • Lot Depth: 73.5 Feet
  • Lot Frontage: 145.0 Feet
  • Lot Size: 10657.30 Square Feet
  • Zoning: RESI
  • No. of Parking Spaces: 7

Revenue Units:

Unit 1

  • Pieces 4
  • Bedrooms 2
  • Baths 1

Unit 2

  • Pieces 4
  • Bedrooms 2
  • Baths 1

Unit 3

  • Pieces 4
  • Bedrooms 2
  • Baths 1

Unit 4

  • Pieces 4
  • Bedrooms 2
  • Baths 1

Unit 5

  • Pieces 4
  • Bedrooms 2
  • Baths 1

Unit 6

  • Pieces 4
  • Bedrooms 2
  • Baths 1

Unit 7

  • Pieces 4
  • Bedrooms 2
  • Baths 1

Unit 8

  • Pieces 4
  • Bedrooms 2
  • Baths 1

Unit 9

  • Pieces 4
  • Bedrooms 2
  • Baths 1

Unit 10

  • Pieces 4
  • Bedrooms 2
  • Baths 1

Unit 11

  • Pieces 4
  • Bedrooms 2
  • Baths 1

Unit 12

  • Pieces 4
  • Bedrooms 2
  • Baths 1

Unit 13

  • Pieces 4
  • Bedrooms 2
  • Baths 1

Unit 14

  • Pieces 1
  • Bedrooms None
  • Baths 1

Data provided by: Centris - 600 Ch Du Golf, Ile -Des -Soeurs, Quebec H3E 1A8
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved.

Sold without legal warranty of quality, at the buyer's own risk.

Location of 4060 Ch. de la Côte-Ste-Catherine, Montréal (Côte-des-Neiges/Notre-Dame-de-Grâce), QC, H3T 1E8

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

33 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: High

33 hot days expected in 2050

50/100

High

ClimateCheck®

Current data

This property, 4060 Ch. de la Côte-Ste-Catherine , experiences 7 hot days per year at around 30.8 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 33 hot days at 34.2 degrees Celsius.

Projected Avg. Temperature

Past
30.8℃
2050
34.2℃

# Hot Days Per Year

Past
7
2050
33

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

14 storms expected in 2050

72/100

ClimateCheck®

Current data

This property, 4060 Ch. de la Côte-Ste-Catherine , experiences 11 significant 2-day storms per year, with about 352.9mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 456.8mm of precipitation per year.

Precipitation Per Storm

Past
352.9mm
2050
456.8mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 4060 Ch. de la Côte-Ste-Catherine, Montréal (Côte-des-Neiges/Notre-Dame-de-Grâce), QC, H3T 1E8

Life Stage

Young Couples

Employment Type

Service Sector

Average Household Income

$84,609.21

Average Number of Children

1.84

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.14 %

High school certificate or equivalent

28.07 %

Apprenticeship trade certificate/diploma

6.21 %

College/non-university certificate

16.01 %

University certificate (below bachelor)

2.86 %

University Degree

26.36 %

Commuter

Travel To Work

By Car

42.78 %

By Public Transit

41.47 %

By Walking

13.15 %

By Bicycle

0.26 %

By Other Methods

2.35 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

96.0 %

Houses

3.92 %

Own Vs. Rent