7340 Rue Cartier, Montréal (Villeray/Saint-Michel/Parc-Extension), QC, H2E 2J2

$1,050,000

MLS® # 13051718

Investment For Sale In Normanville Park, Montréal (Villeray/Saint-Michel/Parc-Extension), Quebec

$1,050,000

Property Information:

5-PLEX | TURNKEY Prime investment opportunity in the heart of Villeray! This updated 5-plex with excellent tenants and solid cash flow. All units are well-maintained, with recent renovations including kitchens, bathrooms, windows, and electrical. Located steps from public transit, schools, parks, and local amenities. A rare chance to acquire a clean, fully rented asset in one of Montreal's most desirable and walkable neighborhoods. Highlights: Turnkey condition -- updated throughout Quality tenants and low maintenance Minutes to Fabre & Jarry metro

Welcome to this quintuplex ideally located on Cartier Street, between Jean-Talon and Everett, a stone's throw from Fabre metro. This well-maintained and carefully preserved property represents a rare opportunity on the real estate market.

With three parking spaces accessible from the rear alley, this quintuplex offers a valuable advantage in the heart of Montreal. In addition to its enviable location, it's close to all amenities: schools, shops, restaurants, parks and public transport, making this property attractive to tenants and investors alike.

This multi-family building generates a solid and steady source of income, while offering potential for optimization and increased profitability. Its strategic location and impeccable condition make it a unique opportunity, perfect for diversifying your real estate portfolio.

Inclusions: ---

Exclusions : Personal effects of the tenants

Building Features:

  • Style: Multiplex
  • Basement: 6 feet and more, Finished basement
  • Driveway: Asphalt
  • Foundation: Poured concrete
  • Parking: Driveway
  • Proximity: Highway, CEGEP, Daycare centre, Hospital, Metro, Park, Bicycle path, Elementary school, High school, Commuter train, Public transportation, University
  • Roofing: Asphalt and gravel
  • Siding: Brick
  • Size: 7.62 x 11.97 METRE
  • Topography: Flat
  • Heating System: Hot water
  • Heating Energy: Electricity
  • Water Supply: Municipality
  • Sewage System: Municipality

Potential Gross Revenue:

  • Residential: $60,240
  • Parking: $1

Taxes:

  • Municipal Tax: $3,988
  • School Tax: $495
  • Annual Tax Amount: $4,483

Property Assessment:

  • Lot Assessment: $243,600
  • Building Assessment: $373,500
  • Total Assessment: $617,100

Property Features:

  • Bedrooms: 2
  • Bathrooms: 1
  • Built in: 1955
  • Irregular: Yes
  • Lot Depth: 26.64 Metre
  • Lot Frontage: 7.62 Metre
  • Lot Size: 203.00 Square Metres
  • Zoning: RESI
  • No. of Parking Spaces: 3

Revenue Units:

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