3868 Rue de Verdun,
Montréal (Verdun/Île-des-Soeurs), H4G1K6

Description of the property for sale

***For experienced renovators only***. Condo unit located on the 2nd floor of a duplex requiring a complete renovation. Located at 10 minute walking distance from Verdun Metro and 14 minutes from Lasalle Metro. Invite your designer and carry out a turnkey renovation yourself.

Other information:

-No parking included. The two parking spaces, the front and backyard belong to 3866 (ground floor).

-The owner of the unit at 3866 Verdun (RDC) has exclusive use of the backyard, the front lot and the two parking lots and is 100% responsible for the maintenance of said yard and parking lots and also maintains at his expense the land located in front of the property.

-The owners of each condo unit have the right of access to the basement through the rear door and unit 3868 has a right of way into the rear yard to access it.

-The unit of 3868 Verdun (2nd floor) will have the right to install in the backyard, a shed of similar size to the currently existing one belonging to unit 3866.

-There are no condo fees, no bank account, no budget, no contingency fund, no annual minutes for the Syndicate. The only expense is building insurance. According to the
share of (45%) this represents: $8225.50 x 45% = $3,701.48 annually and $308.46 monthly.

The high price of insurance is due to the fact that the unit is vacant and the co-owner of the ground floor is currently renting on a short-term basis. The owner of 3866 (ground floor) told us this week that he had signed a 12-month lease starting December 1, 2024.

A new owner-occupier at 3868 and a long-term tenant (12 months) at 3866 will considerably reduce the price of building insurance for the Syndicate in 2025.

Included: All miscellaneous and building materials inside the unit. The Buyer will be responsable for emptying the contents of the unit at his own expense.

Sale without legal warranty of quality, at the buyer's risk and peril