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For sale / Revenue Property

$1,549,000

2422 - 2428 Rue de Châteauguay

Montréal (Le Sud-Ouest)

3 bedrooms. 1 Bathroom. 412 sq. m.

Contact one of our brokers

Mark-Andre Martel

Mark-Andre Martel

Real Estate Broker
groupe sutton - sur l’ile inc.

514-769-7010

Rebecca Labelle-O'Connor

Rebecca Labelle-O'Connor

Residential and commercial real estate broker
groupe sutton - sur l’ile inc.

514-928-0513

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Revenue Property - 2422 - 2428 Rue de Châteauguay
Revenue Property - 2422 - 2428 Rue de Châteauguay
Revenue Property - 2422 - 2428 Rue de Châteauguay

Revenue Property - 2422 - 2428 Rue de Châteauguay

Montréal (Le Sud-Ouest)

For sale / Revenue Property

$1,549,000

6 units

Property details For sale


Address

2422 - 2428 Rue de Châteauguay, Montréal (Le Sud-Ouest), H3K1L1

Walkscore
Inscription Type Construction
28701712 Revenue Property 1885
Municipal evaluation
$980,100 (2021)
View on the map

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Description of the property For sale

POINTE-SAINT-CHARLES | Nestled in the vibrant neighborhood of Pointe-Saint-Charles, close to the beautiful Lachine Canal and the famous Atwater Market, this spacious 6-plex represents a rare investment opportunity. With a large lot, this building offers exceptional potential. With three currently vacant units, it provides unparalleled flexibility for implementing various projects. The adjacent large lot is a true asset. Located close to all amenities, including the Charlevoix metro station just steps away, local shops, and lush parks, this property represents a timely investment.

With a current configuration of six units, three of which are vacant, this property offers unparalleled flexibility for investors looking to maximize their return. The adjacent large lot is a true asset, allowing for multiple possibilities for development or expansion.

Notably, the immediate neighbour had a similar lot that has already been converted, fully exploiting its potential by transforming the building into condominiums. This 6-plex offers a multitude of possibilities to increase its value.


Don't miss this rare opportunity to invest in a property with significant development potential in one of the city's most dynamic neighbourhoods.

Info: 3 of the units are currently occupied but the tenants are not paying rent and do not have a lease (rental value is considered as the future potential with renovations).

The Units

2422: 5 ½ (Vacant) - Ground Floor
2424 A: 4 ½ - Two Floors - 2nd and 3rd Floors
2424 B: 5 ½ - 2nd Floor
2426 A: 4 ½ - 3rd Floor
2426 B: 1 ½ (Vacant) - 3rd Floor
2428: 5 ½ (Vacant) - Two Floors - Ground Floor and 2nd Floor


The crawl space is approximately 4 feet high, with a stone foundation.



[ THE NEIGHBOURHOOD ]

Public Transport: Bus lines 57, 61, 71, and 107 are within a 5-minute walk, facilitating access to downtown Montreal.

Charlevoix metro station is only a 4-minute walk away.


The Lachine Canal bike path, accessible in 4 minutes by bike or 8 minutes on foot, offers a scenic route.


Immediate proximity to the Victoria and Samuel-De Champlain bridges, as well as Highway 15.


Services and Leisure Nearby:

Just steps away, Centre and Charlevoix streets offer an IGA grocery store, pharmacies, banks, and various restaurants.

Atwater Market: Accessible in 5 minutes by car or 7 minutes by bike, this market is a regional staple.

Costco: Located on Bridge Street, only 7 minutes away by car.


Green Spaces and Recreational Areas:

Mullins-Richmond Park, Joe-Beef Park, Square Tansey, and Mullins-Wellington Park offer serene green spaces.


Daycares and Schools:

Several options available, including CPE Pointe-Saint-Charles and primary schools Jeanne-LeBer and Charles-Lemoyne.


Community Amenities:

Saint-Charles Library, Saint-Charles Recreational Center, and Carré Hibernia are all located within a 15-minute walk.

Excluded: The tenants belongings

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

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  • Lot surface 473.1 MC (5092 sqft)
    Lot dim. 14.51x32.48 M
    Livable surface 412 MC (4435 sqft)
    Building dim. 14.51x9.25 M
  • Driveway Not Paved
    Water supply Municipality
    Heating energy Electricity
    Foundation Stone
    Proximity Other, Highway, Daycare centre, Hospital, Park - green area, Bicycle path, Elementary school, Réseau Express Métropolitain (REM), High school, Public transport
    Basement Low (less than 6 feet)
    Parking (total) Outdoor (6 places)
    Sewage system Municipal sewer
    Zoning Residential
  • Unit Room Dimension Siding Level
  • Municipal Taxes $6,142.00
    School taxes $735.00
  • Income $152,436.00

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