40' X 28' Irregular
1957
Poured concrete
Asphalt and gravel
Welcome to this exceptional opportunity to acquire a quadriplex ideally located in Villeray. This property represents a rare opportunity on the market.
Housing for owner-occupiers (3647):
- Spacious on 2 floors (ground floor and basement)
- 3 bedrooms, two upstairs and one in the basement.
- 2 full bathrooms
- Modern kitchen with island
- Bright living room
- Direct access to rear garden
- Perfect for comfortable living close to urban amenities
Three rental units:
- Each unit has 1 bedroom and 1 bathroom
- Ideal for maximizing rental income
Location:
- Steps from green parks and recreational areas
- Close to schools, facilitating access to education for families
- Walking distance to Saint-Michel metro, offering unparalleled urban accessibility
Renovations completed:
- Roof maintenance work carried out in July 2024
Calculations for investors:
Price: $1,049,000
Down payment: $209,800 (20%)
Interest rate: 4.49%
Amortization: 30 years
Mortgage payment: $4,230/month
Property taxes (municipal + school): $344/month
Building insurance: $150/month
Rental income: $5,685/month
Therefore, $5,685 - $4,230 - $344 - $150 = +$961/month cash flow
If rate drops to 3.99%, then cash flow of $1,207/month.
If rate falls to 3.49% then cash flow of $1,445/month.
40' X 28' Irregular
1957
Poured concrete
Asphalt and gravel
63' X 28' Irregular
1,828.79 SF
Daycare centre , Metro , Park , Bicycle path , Elementary school , High school , Public transportation
Residential
Unit | Room | Level | Dimensions | Flooring | Description |
---|---|---|---|---|---|
3 (app.) | Living room | 1st level/Ground floor | 11'3" X 8'7" irr. | Laminate floor | |
3 (app.) | Dining room | 1st level/Ground floor | 10'11" X 6' irr. | Laminate floor | |
3 (app.) | Kitchen | 1st level/Ground floor | 11'5" X 7'6" irr. | Laminate floor | |
3 (app.) | Primary bedroom | 1st level/Ground floor | 12'1" X 8'1" irr. | Laminate floor | |
3 (app.) | Bathroom | 1st level/Ground floor | 6'11" X 6'9" irr. | Ceramic | |
3 (app.) | Family room | Basement 1 | 26'3" X 11'1" irr. | Concrete | |
3 (app.) | Bedroom | Basement 1 | 8'11" X 8'8" irr. | Concrete | |
3 (app.) | Bedroom | Basement 1 | 9'7" X 7'7" irr. | Concrete | |
3 (app.) | Bathroom | Basement 1 | 10'5" X 5'11" irr. | Concrete | |
3 (app.) | Storage | Basement 1 | 7' X 3'3" irr. | Concrete | |
3 (app.) | Workshop | Basement 1 | 19'5" X 10'8" irr. | Concrete | |
3 (app.) | Workshop | Basement 1 | 18'4" X 7'1" irr. | Concrete |
Hot water , Convection baseboards , Electric baseboard units
Electricity
Municipality
Municipality
4 water heaters.
All tenants' personal effects and the furniture of unit 3647 (negotiable).
My name is JAMIL DEMERS, RE/MAX real estate broker. How may I help you?
Do you have a question?
RE/MAX L'ESPACE | 180 rue Peel Bureau 100, Montréal (Ville-Marie), Québec, H3C 2G7
Hello, my name is JAMIL DEMERS, real estate broker. Contact me for more information.
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