$1,525,000

Quadruplex for sale - Montréal (Ville-Marie) (Centre)

$1,525,000

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$1,525,000

Quadruplex for sale - Montréal (Ville-Marie) (Centre)

$1,525,000

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2267 - 2269 Rue D'Iberville, Montréal (Ville-Marie) (Centre), H2K 3C8

Modern, impeccably renovated quadruplex in 2022, offering a unique opportunity for both investors and owner-occupiers. Located on two floors, this four-unit building is currently rented by the month. Gross revenues of over $114,000 per year!

  • NUMBER OF ROOMS : 0
JAMIL DEMERS
Residential Real Estate Broker
Brokers tranquilit
Building details and property interior
Particularities plusParticularities minus

22' X 80' Irregular

Unknown

1,760 SF

Elastomeric membrane

Addenda
Particularities plusParticularities minus

Modern, impeccably renovated quadruplex in 2022, offering a unique opportunity for both investors and owner-occupiers. Located on two floors, this four-unit building is currently rented by the month. Gross revenues of over $114,000 per year!

- 2267 and 2269A: Each with 3 bedrooms and a bathroom, offering generous, comfortable space for families or roommates.

- 2267A: Bright and inviting, with 1 bedroom and 1 bathroom, ideal for a couple or a professional.

- 2269: With 2 bedrooms and a bathroom, it combines comfort and functionality.

- Recent renovation in 2022: Modern materials and quality finishes. Supporting invoices, photos and permits.

- Stable rental income: All units are furnished and rented by the month.

- Attractive location: Ideal for maximizing rental opportunities.

- Complete renovations in 2022: Plumbing, electrical, insulation, kitchen, bathroom, flooring, roof, windows, and much more.

Calculations for investors:

Price: $1,525,000
Down payment: $305,000 (20%)
Interest rate: 4.69%
Amortization: 30 years
Mortgage payment: $6,273/month

Property taxes (municipal + school): $284/month
Building insurance: $200/month

Rental income: $9,550/month

Therefore, $9,550 - $6,273 - $284 - $200 = $2,793/month cash flow

If rate falls to 4.49% then cash flow of $2,940/month.
If rate falls to 3.99%, then cash flow of $3,298/month.
If rate falls to 3.49%, then cash flow of $3,645/month.

Building details and property interior
Particularities plusParticularities minus

22' X 80' Irregular

Unknown

1,760 SF

Elastomeric membrane

Lot and exterior features
Particularities plusParticularities minus

CEGEP , Daycare centre , Hospital , Metro , Park , Bicycle path , Elementary school , High school , Public transportation , University

Residential

Characteristics
Particularities plusParticularities minus

Electric baseboard units

Electricity

Wall-mounted heat pump

Municipality

Municipality

Included & Excluded
Particularities plusParticularities minus

Not specified

Appliances and furniture (negotiable)

Financial details
Particularities plusParticularities minus
Assessment (2021)
Taxes
  • (2024)
  • (2024)
Gross yearly revenu (potential)
2267 - 2269 Rue D'Iberville, Montréal (Ville-Marie) (Centre), H2K 3C8
NEIGHBOURHOOD STATISTICS
  • Statistics Person living alone
  • Statistics Families with children
  • Statistics Families with no children
  • 12.6%
  • 18.0%
  • 9.0%
  • 16.8%
  • 43.6%
  • 0.2%
  • 1.7%
  • 7.7%
  • 87.5%
  • 2.8%
UnilingualFrenchUnilingualEnglishBilingual(fr/en)Other 0% 10% 20% 30% 40% 50% 60% 70% 80% 90%100%
  • Statistics Household
  • Statistics Individual
  • Statistics Owners
  • Statistics Renters
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JAMIL DEMERS
Residential Real Estate Broker
Brokers tranquilit

MORTGAGE PAYMENTS CALCULATOR

Financial details

Assessment (2021)
Taxes
  • (2024)
  • (2024)
Gross yearly revenu (potential)
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