$1,350,000

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

$1,350,000

Property Information:

Investment opportunity in a sought-after area of Montreal: this brick building offers 5 rental units generating $36 960 per year. Each unit has a private balcony, and tenants enjoy a landscaped backyard with a gazebo. Located near services, schools, and transportation, it combines stable profitability with excellent appreciation potential.

Income property -- 5 units | 7750 Chambord Street, Montreal

Located in the heart of a sought-after residential area of Montreal, this 5-unit income property represents a rare opportunity for savvy investors. Offering stable returns and attractive appreciation potential, it combines a strategic location with a functional layout.

Key features:
- Brick building
- Private balconies for each unit
- Landscaped backyard with gazebo and common area
- High ceilings in the basement, possibility of converting it into an apartment (check with the city)

Located on Chambord Street, close to services, schools, parks, public transportation, and major roads. A dynamic and sought-after neighborhood, perfect for attracting a stable rental clientele.

Exclusions : Tenants' personal property and belongings

Building Features:

  • Style: Multiplex
  • Basement: Unfinished
  • Foundation: Poured concrete
  • Lot: Fenced
  • Proximity: Highway, CEGEP, Daycare centre, Golf, Hospital, Metro, Park, Bicycle path, Elementary school, Réseau Express Métropolitain (REM), High school, Public transportation, University
  • Roofing: Asphalt and gravel
  • Siding: Brick
  • Size: 7.62 x 12.19 METRE
  • Topography: Flat
  • View: View of the city
  • Windows: PVC
  • Heating System: Convection baseboards
  • Heating Energy: Electricity, Heating oil
  • Water Supply: Municipality
  • Sewage System: Municipality

Potential Gross Revenue:

  • Residential: $47,436

Taxes:

  • Municipal Tax: $7,698
  • School Tax: $965
  • Annual Tax Amount: $8,663

Property Assessment:

  • Lot Assessment: $474,000
  • Building Assessment: $743,400
  • Total Assessment: $1,217,400

Property Features:

  • Bedrooms: 3
  • Bathrooms: 1
  • Built in: 1954
  • Floor Space (approx): 306.8 Square Metres
  • Irregular: Yes
  • Lot Depth: 33.52 Metre
  • Lot Frontage: 7.62 Metre
  • Lot Size: 278.80 Square Metres
  • Zoning: RESI

Rooms:

  • Bedroom Ground Level 3.96 m x 2.74 m
  • Living Ground Level 3.25 m x 5.18 m
  • Bedroom Ground Level 3.25 m x 2.95 m
  • Bedroom Ground Level 3.35 m x 4.75 m
  • Bathroom Ground Level 2.64 m x 1.30 m
  • Kitchen Ground Level 3.05 m x 3.86 m

Revenue Units:

  • Pieces 7
  • Bedrooms 3
  • Baths 1
  • Pieces 4
  • Bedrooms 1
  • Baths 1
  • Pieces 4
  • Bedrooms 1
  • Baths 1
  • Pieces 4
  • Bedrooms 1
  • Baths 1
  • Pieces 4
  • Bedrooms 1
  • 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.

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