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For sale / Revenue Property

$3,250,000 + GST/QST

8305 - 8309 Rue St-Denis

Montréal (Villeray/Saint-Michel/Parc-Extension)

995.4 sq. m.

Contact real estate broker

Lloyd Daniels

Lloyd Daniels

Real Estate Broker
groupe sutton - clodem inc.

514-364-3315

8305 - 8309 Rue St-Denis,
Montréal (Villeray/Saint-Michel/Parc-Extension), H2P2G9

For sale / Revenue Property

$3,250,000 + GST/QST
Inscription:
25803835
Type:
Revenue Property
Construction:
1966
Walkscore

9 units

Lloyd Daniels

Lloyd Daniels

Real Estate Broker

groupe sutton - clodem inc.
  • Language(s): English
  • Agency: 514-364-3315
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Contact Lloyd Daniels

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Description of the property for sale

from Jarry Metro and close to all amenities. This fully leased building features six 4½ residential units, two 5½ residential units, and two commercial spaces with long-term tenants. Residential heating and hot water are natural gas--powered and owner-paid, while commercial tenants pay their own heating/hot water costs plus a share of the property taxes. Major upgrades include new electrical panels for all residential units, with Phase I and Phase II environmental assessments completed in 2020. With solid income, quality long-term tenants, and significant upside in future rental growth, this is an outstanding investment opportunity.

from Jarry Metro and close to all amenities. This fully leased building features six 4½ residential units, two 5½ residential units, and two commercial spaces with long-term tenants. Residential heating and hot water are natural gas--powered and owner-paid, while commercial tenants pay their own heating/hot water costs plus a share of the property taxes. Major upgrades include new electrical panels for all residential units, with Phase I and Phase II environmental assessments completed in 2020. With solid income, quality long-term tenants, and significant upside in future rental growth, this is an outstanding investment opportunity. The PROPERTY is offered for sale without legal warranty of quality, at the buyer's own risk.

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  • Lot surface 427 MC (4596 sqft)
    Lot dim. 15.46x27.43 M
    Lot dim. Irregular
    Livable surface 995.4 MC (10714 sqft)
    Building dim. 15.46x23.83 M
    Building dim. Irregular
  • Water supply Municipality
    Sewage system Municipal sewer
    Zoning Commercial, Residential
  • Municipal assessment $1,854,499 (2024)
    Insurance $10,918.00
    Other $733.00
    Energy cost $13,638.00
    Municipal Taxes $23,459.00
    School taxes $1,303.00
  • Income $132,132.00

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