$859,000

Investment For Sale In Hochelaga-Maisonneuve, Montréal (Mercier/Hochelaga-Maisonneuve), Quebec

$859,000

Property Information:

This quadruplex located in the Homa district is an ideal opportunity for an owner-occupier or an investor. Well maintained over the years, it offers spacious accommodation on the 3rd floor, with two bedrooms, a large living room and an open kitchen overlooking the balcony. The other accommodations, bright and well maintained, include three 4 1/2 and one 3 1/2. The property also has a large backyard with two parking spaces. Its location close to the businesses of Ontario Street and St-Catherine Street, as well as the Joliette metro station and Pie-IX, makes it an attractive investment. Come and discover it!

This quadruplex located in the Homa neighborhood is an ideal opportunity for both an owner-occupier and a savvy investor! With its undeniable charm and meticulous maintenance over the years, this property will captivate you at first sight.

The unit on the 3rd floor, 1632, is a spacious 4 1/2 offering rare flexibility: it will be vacant for the buyer or available for a future tenant. Featuring two well-sized bedrooms, a large living room, an open-concept kitchen, and dining area, this space is filled with natural light from its generous windows and light color scheme, creating a warm and inviting atmosphere.

The other units in this quadruplex are equally well-maintained and bright. Two of the apartments are 4 1/2s, while the third is a 3 1/2 with a double living room, offering a variety of configurations to meet various needs.

Additionally, the property boasts a large backyard with two parking spaces, providing valuable outdoor space in the heart of the city.

Moreover, the location is simply perfect! Situated near the numerous shops on Ontario and St-Catherine streets, as well as the Joliette metro station and Pie-IX station.

FAQ:

Any renovations needed? The building was renovated in the 1980s.

Rent increases?
- Unit #1626 remains at $670 with the removal of parking that was included in the original lease; a separate contract has been made for parking ($45/month).
- Unit #1628 will increase to $825 starting July 1, 2024
- Unit #1630 will increase to $810 starting July 1, 2024

Perfect Location!

A "WALKSCORE" of 84 and a "BIKESCORE" of 99!

+ Close to SHOPS, educational services, health services, and leisure services.
+ Near the amenities of Ontario Street (grocery stores, pharmacies, parks, restaurants/cafes/bistros/bars, trendy addresses, liquor store, CLSC, etc.) and Ste-Catherine Street.
+ Grocery shopping, pharmacy, dining out, grabbing fresh bread at Arhoma (one of the best in Mtl!), sipping cocktails, etc. -- all just steps away from your doorstep!

Neighborhood Attractions easily accessible!

+ Maisonneuve Market, Botanical Garden, Maisonneuve Park, Olympic Park, Saputo Stadium, etc.
+ A few steps from Lalancette Park and Saint-Aloysius Park.
+ A short walk to Joliette METRO and close to Pie-IX METRO.
+ Steps away from buses 334,125,139,353,355,29.
+ Homa provides easy and quick access to Rosemont, Plateau, Village, Mercier, downtown with several transportation options.
+ A few pedals away from the BIKE PATH.
+ Quick access to various HIGHWAYS (720, 40, 25), J-C BRIDGE, TUNNEL.
+ Close to BIXI and COMMUNAUTO stations.

Inclusions: 4 water heaters

Building Features:

  • Style: Fourplex
  • Basement: 6 feet and more, Outdoor entrance, Finished basement
  • Driveway: Unpaved
  • Foundation: Poured concrete
  • Kitchen Cabinets: Wood, Melamine
  • Occupancy: Single
  • Parking: Driveway
  • Proximity: Highway, CEGEP, Daycare centre, Golf, Hospital, Metro, Park, Bicycle path, Elementary school, High school, Cross-country skiing, Public transportation
  • Renovations: Roof covering
  • Roofing: Elastomeric membrane
  • Siding: Brick
  • Size: 6.86 x 12.35 METRE
  • Window Type: Guillotine, French door
  • Windows: Aluminum
  • Heating System: Electric baseboard units
  • Heating Energy: Electricity
  • Water Supply: Municipality
  • Sewage System: Municipality

Potential Gross Revenue:

  • Residential: $41,256

Taxes:

  • Municipal Tax: $5,244
  • School Tax: $612
  • Annual Tax Amount: $5,856

Property Assessment:

  • Lot Assessment: $255,800
  • Building Assessment: $544,700
  • Total Assessment: $800,500

Property Features:

  • Bedrooms: 2
  • Bathrooms: 1
  • Built in: 1910
  • Irregular: Yes
  • Lot Depth: 31.09 Metre
  • Lot Frontage: 6.86 Metre
  • Lot Size: 213.20 Square Metres
  • Zoning: RESI
  • No. of Parking Spaces: 2

Rooms:

  • Bedroom - Irregular 3rd Level 2.64 m x 2.49 m Flooring: Parquetry
  • Living 3rd Level 5.59 m x 3.10 m Flooring: Parquetry
  • Kitchen - Irregular 3rd Level 3.12 m x 2.72 m Flooring: Linoleum
  • Dining - Irregular 3rd Level 3.23 m x 3.12 m Flooring: Linoleum
  • Primary Bedroom 3rd Level 3.33 m x 2.90 m Flooring: Parquetry
  • Bathroom 3rd Level 2.41 m x 2.34 m Flooring: Ceramic

Revenue Units:

  • Pieces 4
  • Bedrooms 2
  • Baths 1
  • Pieces 3
  • Bedrooms 1
  • Baths 1
  • Pieces 4
  • Bedrooms 2
  • Baths 1
  • Pieces 4
  • Bedrooms 2
  • Baths 1

Courtesy of: Royal LePage Altitude

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.

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