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3480Z Rue Hutchison, Montréal (Le Plateau-Mont-Royal), QC, H2X 2G4
MLS® # 20236800
Investment For Sale In Milton-Parc, Montréal (Le Plateau-Mont-Royal), Quebec
$2,649,000
Exterior - 3480Z Rue Hutchison, Montréal (Le Plateau-Mont-Royal), QC - Outdoor
Living room - 3480Z Rue Hutchison, Montréal (Le Plateau-Mont-Royal), QC - Indoor Photo Showing Living Room With Fireplace
Living room - 3480Z Rue Hutchison, Montréal (Le Plateau-Mont-Royal), QC - Indoor Photo Showing Other Room With Fireplace
Living room - 3480Z Rue Hutchison, Montréal (Le Plateau-Mont-Royal), QC - Indoor Photo Showing Living Room With Fireplace
Bedroom - 3480Z Rue Hutchison, Montréal (Le Plateau-Mont-Royal), QC - Indoor Photo Showing Bedroom
Bathroom - 3480Z Rue Hutchison, Montréal (Le Plateau-Mont-Royal), QC - Indoor Photo Showing Bathroom
Kitchen - 3480Z Rue Hutchison, Montréal (Le Plateau-Mont-Royal), QC - Indoor Photo Showing Kitchen With Stainless Steel Kitchen
Living room - 3480Z Rue Hutchison, Montréal (Le Plateau-Mont-Royal), QC - Indoor
Living room - 3480Z Rue Hutchison, Montréal (Le Plateau-Mont-Royal), QC - Indoor Photo Showing Other Room
Bedroom - 3480Z Rue Hutchison, Montréal (Le Plateau-Mont-Royal), QC - Indoor Photo Showing Bedroom
Bedroom - 3480Z Rue Hutchison, Montréal (Le Plateau-Mont-Royal), QC - Indoor Photo Showing Bedroom
Bedroom - 3480Z Rue Hutchison, Montréal (Le Plateau-Mont-Royal), QC - Indoor Photo Showing Bedroom
Staircase - 3480Z Rue Hutchison, Montréal (Le Plateau-Mont-Royal), QC - Indoor Photo Showing Other Room
Frontage - 3480Z Rue Hutchison, Montréal (Le Plateau-Mont-Royal), QC - Outdoor With Facade
Back facade - 3480Z Rue Hutchison, Montréal (Le Plateau-Mont-Royal), QC - Outdoor
Back facade - 3480Z Rue Hutchison, Montréal (Le Plateau-Mont-Royal), QC - Outdoor
Exterior - 3480Z Rue Hutchison, Montréal (Le Plateau-Mont-Royal), QC - Outdoor With Facade
Exterior - 3480Z Rue Hutchison, Montréal (Le Plateau-Mont-Royal), QC - Outdoor
Exterior - 3480Z Rue Hutchison, Montréal (Le Plateau-Mont-Royal), QC  - Outdoor
Living room - 3480Z Rue Hutchison, Montréal (Le Plateau-Mont-Royal), QC  - Indoor Photo Showing Living Room With Fireplace
Living room - 3480Z Rue Hutchison, Montréal (Le Plateau-Mont-Royal), QC  - Indoor Photo Showing Other Room With Fireplace
Living room - 3480Z Rue Hutchison, Montréal (Le Plateau-Mont-Royal), QC  - Indoor Photo Showing Living Room With Fireplace
Bedroom - 3480Z Rue Hutchison, Montréal (Le Plateau-Mont-Royal), QC - Indoor Photo Showing Bedroom
Bathroom - 3480Z Rue Hutchison, Montréal (Le Plateau-Mont-Royal), QC - Indoor Photo Showing Bathroom
Kitchen - 3480Z Rue Hutchison, Montréal (Le Plateau-Mont-Royal), QC - Indoor Photo Showing Kitchen With Stainless Steel Kitchen
Living room - 3480Z Rue Hutchison, Montréal (Le Plateau-Mont-Royal), QC - Indoor
Living room - 3480Z Rue Hutchison, Montréal (Le Plateau-Mont-Royal), QC - Indoor Photo Showing Other Room
Bedroom - 3480Z Rue Hutchison, Montréal (Le Plateau-Mont-Royal), QC - Indoor Photo Showing Bedroom
Bedroom - 3480Z Rue Hutchison, Montréal (Le Plateau-Mont-Royal), QC - Indoor Photo Showing Bedroom
Bedroom - 3480Z Rue Hutchison, Montréal (Le Plateau-Mont-Royal), QC - Indoor Photo Showing Bedroom
Staircase - 3480Z Rue Hutchison, Montréal (Le Plateau-Mont-Royal), QC - Indoor Photo Showing Other Room
Frontage - 3480Z Rue Hutchison, Montréal (Le Plateau-Mont-Royal), QC - Outdoor With Facade
Back facade - 3480Z Rue Hutchison, Montréal (Le Plateau-Mont-Royal), QC - Outdoor
Back facade - 3480Z Rue Hutchison, Montréal (Le Plateau-Mont-Royal), QC - Outdoor
Exterior - 3480Z Rue Hutchison, Montréal (Le Plateau-Mont-Royal), QC - Outdoor With Facade
Exterior - 3480Z Rue Hutchison, Montréal (Le Plateau-Mont-Royal), QC - Outdoor
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3480Z Rue Hutchison, Montréal (Le Plateau-Mont-Royal), QC, H2X 2G4
$2,649,000

Property Information:

Fully leased & completely renovated 4plex with 2 driveway spaces. Primarily located on Hutchison Street, steps away from Mcgill University. Comprising 4 exclusive units: 2 x 4 1/2 & 2 x 5 1/2 that have been fully renovated. The current gross revenue is $97,800 per year and is currently in process of being increased. Elegant brand new hardwood flooring throughout, private terraces, elegant wood doors, stainless steel appliances, brand new & modern backsplash, condemned brick fireplace, exposed brick walls, bathrooms with marble countertops, in-unit laundry for all units.

INVESTMENT OPPORTUNITY | LE PLATEAU-MONT-ROYAL

Welcome to 3480 Rue Hutchison! Fully leased & completely renovated 4plex, situated in the sought-after Le Plateau-Mont-Royal. In close proximity to Mcgill University, Mont-Royal Parc, Molson stadium, public transportation, and all other amenities.

Fully renovated from A-Z.
The current gross revenue is $97,800 per year and is currently in process of being increased.

Recent Renovations completed to the property:

* Brand new & elegant hardwood flooring;
* Recent roofing;
* Recent plumbing & electrical;
* Renovated bathrooms;
* Several kitchens have been renovated;
* New flooring.

***

* Comprising 4 exclusive units: 2 x 4 1/2 & 2 x 5 1/2;
* Elegant brand new hardwood flooring throughout;
* Large windows allowing for an abundance of natural light;
* Exposed brick walls;
* Condemned brick fireplaces within the units;
* Private large terraces;
* Elegant wood doors;
* Stainless steel appliances, brand new & modern backsplash;
* Modern bathrooms with ceramic flooring throughout, and with marble countertops;
* Fully equipped kitchens with stainless steel appliances;
* Every unit contains an in-unit laundry space;
* 2 exterior parking spaces.

**All rental amounts for the Leases shall be confirmed**

Inclusions: As per the leases

Exclusions : As per the leases

Building Features:

  • Style: Fourplex
  • Distinctive Features: No rear neighbours
  • Driveway: Concrete
  • Parking: Driveway
  • Proximity: Highway, CEGEP, Daycare centre, Hospital, Metro, Park, Bicycle path, Elementary school, High school, Commuter train, Public transportation, University
  • Heating System: Electric baseboard units
  • Heating Energy: Electricity
  • Water Supply: Municipality
  • Sewage System: Municipality

Potential Gross Revenue:

  • Residential: $97,800

Taxes:

  • Municipal Tax: $9,759
  • School Tax: $1,208
  • Annual Tax Amount: $10,967

Property Assessemnt:

  • Lot Assessment: $1
  • Building Assessment: $1
  • Total Assessment: $2

Property Features:

  • Bedrooms: 2
  • Bathrooms: 1
  • Built in: 1900
  • Floor Space (approx): 2623.0 Square Feet
  • Lot Size: 1955.00 Square Feet
  • Zoning: RESI
  • No. of Parking Spaces: 2

Revenue Units:

Unit 1

  • Pieces 4
  • Bedrooms 2
  • Baths 1

Unit 2

  • Pieces 5
  • Bedrooms 3
  • Baths 1

Unit 3

  • Pieces 5
  • Bedrooms 3
  • Baths 1

Unit 4

  • Pieces 4
  • Bedrooms 2
  • Baths 1

Courtesy of: Royal LePage du Quartier

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.

Market Price Trends

Location of 3480Z Rue Hutchison, Montréal (Le Plateau-Mont-Royal), QC, H2X 2G4

Demographic Information of 3480Z Rue Hutchison, Montréal (Le Plateau-Mont-Royal), QC, H2X 2G4

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$72,667.66

Average Number of Children

0.61

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

4.19 %

High school certificate or equivalent

21.0 %

Apprenticeship trade certificate/diploma

3.62 %

College/non-university certificate

8.96 %

University certificate (below bachelor)

8.36 %

University Degree

51.95 %

Commuter

Travel To Work

By Car

12.66 %

By Public Transit

25.55 %

By Walking

56.39 %

By Bicycle

1.94 %

By Other Methods

3.46 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

97.47 %

Houses

Own Vs. Rent