Property Information:
Location, location, location! Welcome to the exceptional five-plex offering two incredible opportunities for investors or savvy owner-occupiers. This property presents a rare opportunity in the current real estate market, with the potential to maximize your rental income or create your personal oasis. The main dwelling, spacious and elegant, provides an ideal space for owner-occupiers seeking comfort and convenience. You can move in immediately and enjoy the luxury of this space, or choose to rent it out at a highly competitive rate compared to local standards. Potential gross income: 96,600 $
The interior features of this main dwelling are designed to meet modern needs, offering optimal living comfort.
Furthermore, another two-bedroom unit is also available, giving you the flexibility to rent it out to a third party or assign it to a family member. The potential rent for this unit is very attractive, reflecting the high demand in the current rental market. This allows you to enjoy maximum return on your investment.
The strategic location of this property is a major asset. It is conveniently situated near all essential amenities, including public transportation, the subway station, and bus stops. Additionally, Place Vertu shopping center, restaurants, elementary and secondary schools, a library, and quick highway access are easily accessible from this prime location.
The units in this building stand out for their generous space, impeccable cleanliness, and natural brightness. The spacious and functional rooms are designed for modern living without compromise.
In summary, this five-plex offers an annual income potential of $94,680, a rare opportunity in the real estate market. Whether you're an investor looking to maximize your returns or an owner-occupier seeking a quality living space, this property is a must-consider choice. Don't miss this chance to achieve your real estate goals in an elegant and convenient setting.
**The rule in real estate is simple: location, location, location, and this five plex perfectly embodies this maxim by providing an exceptional location that adds a dimension of prestige.**
Improvements made over the years:
2003: Replacement of both garage doors.
2004: Balcony, stairs, railings, and paving.
2005: Asphalted garage driveways.
2005: Replacement of the oil tank.
2006: Replacement of wood floors on all balconies.
2006: Brick joints.
2010: Water infiltration in the ceiling of the bathroom in the 5 1/2 on the 2nd floor, consequently, the building's roof was replaced, as well as the bathroom ceiling.
2010: Complete renovation of the bathroom in the 5 1/2.
2010: In the 6 1/2: kitchen renovation, bathroom renovation, floor sanding, interior door replacement, basement wall insulation.
2010: Roof redone.
2011: Replacement of the water heater.
2013: Partial renovation of the bachelor's bathroom.
**Please note that hot water is included in the rents.**
Inclusions: Light fixtures, 2 garage door openers, 5 range hoods, 2022 electric hot water tank.
Building Features:
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Style:
Multiplex
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Basement:
6 feet and more, Finished basement
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Bathroom:
Separate shower
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Driveway:
Asphalt, Double width or more
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Garage:
Heated, Double width or more, Built-in
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Parking:
Driveway, Garage
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Proximity:
Place vertu, Highway, CEGEP, Hospital, Metro, Park, Elementary school, High school, Commuter train, Public transportation
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Rented Equipment (monthly):
Water heater
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Siding:
Brick, Stone
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Heating System:
Forced air, Electric baseboard units
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Heating Energy:
Electricity
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Water Supply:
Municipality
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Sewage System:
Municipality
