Property Information:
Excellent investment opportunity in the heart of Villeray. Five-unit building renovated over the years with annual income of $82,404. Strategic location near Jarry Park, Jarry Metro, Little Italy, shops, restaurants, and the must-see Jean-Talon Market. Quick access to the A-40. Sought-after area with high rental demand. Rare find on the market, don't wait to seize this opportunity.
A rare opportunity for investors, this 5-unit building located in the heart of the Villeray neighbourhood is in high demand due to its proximity to shops, public transportation, and neighbourhood life.
- Renovated over the years and well maintained
- Annual income of $82,404
- All 5 units are rented, leases until June 30, 2026
- Green alley accessible from the rear balconies
** RENOVATIONS **
2015: Renovations to the kitchens in aparts. 1, 2, and 5
2017: Replacement of rear doors and windows in aparts. 1 and 2
2018: Roof resurfacing
2019: Soundproofing of apart. 2
2019: Replacement of rear doors and windows in aparts. 3 and 4
2020: Soundproofing of aparts. 3, 4, and 5
2020: Renovation of kitchens and bathrooms in aparts. 3 and 4
2021: Installation of new front balcony railings
2024: Repair of brick joints on the building's facade
2025: Renovation of the front entrance sidewalk
** LOCATION **
- 8 minutes' walk from Jarry Metro station
- Just a few steps away from the beautiful Jarry Park with volleyball courts, playground equipment, a swimming pool, and much more
- 5 minutes by car or 15 minutes on foot from Jean-Talon Market
- Close to a multitude of cafés, restaurants, and small grocery stores
- Quick access to Highway 40
- 20 minutes from downtown
Investing in the Villeray neighbourhood: A strategic location
The Villeray neighbourhood is a rare gem for real estate investors looking for opportunities. Its prime location and many attractions make it a strategic choice for maximizing returns.
Located near downtown, Villeray offers optimal accessibility thanks to its proximity to major highways and public transportation. This connectivity ensures easy mobility for residents and promotes constant rental demand.
Villeray is full of amenities sought after by tenants, who have quick access to a multitude of renowned restaurants, bars, and cafés.
Green spaces are also prominent, notably Jarry Park. This vast park offers a haven of peace in the heart of the city.
- Visits only upon accepted offer to purchase.
- A new certificate of location will be issued in December.
- The photos shown are of apartment #4.
Don't miss this opportunity to invest in one of the most sought-after neighbourhoods!
Inclusions: Light fixtures, 5 kitchen range hoods
Exclusions : Blinds, curtain rods and curtains, as well as the tenants movable property and furniture
Building Features:
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Style:
Multiplex
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Basement:
6 feet and more, Outdoor entrance, Partially finished
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Foundation:
Poured concrete
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Proximity:
Highway, CEGEP, Daycare centre, Hospital, Metro, Park, Bicycle path, Elementary school, High school, Public transportation, University
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Rented Equipment (monthly):
Water heater
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Roofing:
Other, Elastomeric membrane
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Siding:
Brick
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Size:
7.62 x 13.66 METRE
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Heating System:
Electric baseboard units
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Heating Energy:
Electricity
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Water Supply:
Municipality
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Sewage System:
Municipality
