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1902 - 1906 Place Arthur-Buies, Montréal (Mercier/Hochelaga-Maisonneuve), QC, H1L 3G3
MLS® # 26641771
Investment For Sale In Bellerive, Montréal (Mercier/Hochelaga-Maisonneuve), Quebec
$2,790,000
Frontage - 1902  - 1906 Place Arthur-Buies, Montréal (Mercier/Hochelaga-Maisonneuve), QC - Outdoor With Facade
Frontage - 1902  - 1906 Place Arthur-Buies, Montréal (Mercier/Hochelaga-Maisonneuve), QC - Outdoor With Facade
Back facade - 1902  - 1906 Place Arthur-Buies, Montréal (Mercier/Hochelaga-Maisonneuve), QC - Outdoor With Exterior
Back facade - 1902  - 1906 Place Arthur-Buies, Montréal (Mercier/Hochelaga-Maisonneuve), QC - Outdoor With Exterior
Back facade - 1902  - 1906 Place Arthur-Buies, Montréal (Mercier/Hochelaga-Maisonneuve), QC - Outdoor
Hall - 1902  - 1906 Place Arthur-Buies, Montréal (Mercier/Hochelaga-Maisonneuve), QC - Indoor Photo Showing Other Room
Parking - 1902  - 1906 Place Arthur-Buies, Montréal (Mercier/Hochelaga-Maisonneuve), QC - Outdoor
Frontage - 1902  - 1906 Place Arthur-Buies, Montréal (Mercier/Hochelaga-Maisonneuve), QC  - Outdoor With Facade
Frontage - 1902  - 1906 Place Arthur-Buies, Montréal (Mercier/Hochelaga-Maisonneuve), QC  - Outdoor With Facade
Back facade - 1902  - 1906 Place Arthur-Buies, Montréal (Mercier/Hochelaga-Maisonneuve), QC  - Outdoor With Exterior
Back facade - 1902  - 1906 Place Arthur-Buies, Montréal (Mercier/Hochelaga-Maisonneuve), QC  - Outdoor With Exterior
Back facade - 1902  - 1906 Place Arthur-Buies, Montréal (Mercier/Hochelaga-Maisonneuve), QC - Outdoor
Hall - 1902  - 1906 Place Arthur-Buies, Montréal (Mercier/Hochelaga-Maisonneuve), QC - Indoor Photo Showing Other Room
Parking - 1902  - 1906 Place Arthur-Buies, Montréal (Mercier/Hochelaga-Maisonneuve), QC - Outdoor
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1902 - 1906 Place Arthur-Buies, Montréal (Mercier/Hochelaga-Maisonneuve), QC, H1L 3G3
$2,790,000

Property Information:

Building with 16 units in total (2x8); all 4 1/2 located near services. Good size units with 2 closed bedrooms. Heating (hot water furnace) and hot water tanks at the owner's expense all powered by natural gas. Great opportunity for income growth in the future. Revenus as of July 1st 2022.

- Excellent location at 5 minutes walking distance from services on Notre-Dame Street (grocery store, pharmacy, restaurants, etc.)
- Promenade Bellerive park and bicycle path nearby
- Honoré-Beaugrand metro station nearby
- 4 natural gas hot water tanks to supply the building
- 2 natural gas hot water furnaces to heat the units
- Future Eastern REM project will pass nearby

Work done in the last few years:
2022 - 1902-1 unit redone in its entirety.
Some bathrooms redone since purchase
2021 - Asphalt redone in its entirety
2021 - Caulking on all doors and windows
2019 - 2 hot water tanks
2018 - Metal flashing around the roof
2018 - Masonry on west side and rear wall
2015/2016 - Balconies and railings
2008 - Replacement of electrical panels. 14 of 16 changed
2012 - Replacement of all front spandrels

Inclusions: as per leases

Building Features:

  • Distinctive Features: Street corner
  • Driveway: Asphalt
  • Environmental Study: Phase 1
  • Foundation: Poured concrete
  • Parking: Driveway
  • Proximity: Highway, Metro, Park, Bicycle path, Public transportation
  • Roofing: Asphalt and gravel
  • Siding: Brick
  • Size: 24.44 x 11.92 METRE
  • Heating System: Hot water
  • Heating Energy: Natural gas
  • Water Supply: Municipality
  • Sewage System: Municipality

Potential Gross Revenue:

  • Residential: $158,664
  • Parking: $1,680

Taxes:

  • Municipal Tax: $11,828
  • School Tax: $1,423
  • Annual Tax Amount: $13,251

Expenses:

  • Insurance: $8,332
  • Electric: $666
  • Gas: $14,844

Property Assessemnt:

  • Lot Assessment: $300,300
  • Building Assessment: $1,151,700
  • Total Assessment: $1,452,000

Property Features:

  • Built in: 1969
  • Floor Space (approx): 873.23 Square Metres
  • Lot Depth: 20.03 Metre
  • Lot Frontage: 30.06 Metre
  • Lot Size: 602.10 Square Metres
  • Zoning: RESI
  • No. of Parking Spaces: 4

Revenue Units:

Unit 1

Unit 2

Courtesy of: Royal LePage Origine

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 1902 - 1906 Place Arthur-Buies, Montréal (Mercier/Hochelaga-Maisonneuve), QC, H1L 3G3

Demographic Information of 1902 - 1906 Place Arthur-Buies, Montréal (Mercier/Hochelaga-Maisonneuve), QC, H1L 3G3

Life Stage

Young Singles

Employment Type

Service Sector

Average Household Income

$62,109.78

Average Number of Children

1.12

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

28.24 %

High school certificate or equivalent

24.44 %

Apprenticeship trade certificate/diploma

15.44 %

College/non-university certificate

15.95 %

University certificate (below bachelor)

1.99 %

University Degree

10.12 %

Commuter

Travel To Work

By Car

55.47 %

By Public Transit

36.96 %

By Walking

0.71 %

By Bicycle

0.0 %

By Other Methods

6.86 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

72.22 %

Houses

27.78 %

Own Vs. Rent