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Income properties for sale

421 - 433, Rue Villeray, Montréal (Villeray/Saint-Michel/Parc-Extension), Neighbourhood Villeray

$2,900,001 or
$2,900,001 or

Income properties for sale

421 - 433, Rue Villeray, Montréal (Villeray/Saint-Michel/Parc-Extension), Neighbourhood Villeray

Features

Lifestyle
26045962 2900001 /en/multi-family-properties~for-sale~montreal-villeray-saint-michel-parc-extension/26045962?view=Summary /fr/multifamilial~a-vendre~montreal-villeray-saint-michel-parc-extension/26045962 https://passerelle.centris.ca/redirect.aspx?&CodeDest=ID3&NoMLS=26045962&Lang=E&source=centris.ca /en/multi-family-properties~for-sale~montreal-villeray-saint-michel-parc-extension/26045962/photos 45.5413284000 -73.6228195300 true
Use of property
Residential, Commercial
Year built
1926
Available commercial area
2,000 sqft
Number of units
Residential (6), Commercial (1)
Residential units
2 x 3 ½, 2 x 4 ½, 2 x 5 ½
Main unit
5 rooms, 3 bedrooms, 1 bathroom
Potential gross revenue
$216,384
96

Description

Beautiful and rare building in one of the most sought after neighborhoods of Villeray. On the corner of Villeray and Berri, this building has been very well maintained during its lifetime. Great investment opportunity, 7 units total, 6 residential and 1 commercial, that generates over 203 000$ per year. AAA commercial tenant with a well established and flourishing business and huge potential to optimise the residential revenues even more. The revenues include the expenses that are covered by the commercial tenant. ( Municipal taxes, school taxes, and more). Please contact the listing broker for more details. Visit with accepted offer only.
Centris No. 26045962

Need more details?

Visit the real estate broker's website to see the detailed sheet for this property.

Need more details?

Visit the real estate broker's website to see the detailed sheet for this property.

Listing broker

Ranim Gharbieh, Residential and Commercial Real Estate Broker

Ranim Gharbieh

Residential and Commercial Real Estate Broker
Ranim Gharbieh Inc.

LES IMMEUBLES CHARISMA INC.

Real Estate Agency
LES IMMEUBLES CHARISMA INC., Real Estate Agency

Location

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

Population (2016) 143,853
Population variation between 2011 and 2016 1%
Population density 8,692 hab/km2
Unemployment rate (2016) 11%

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property. Click here for more information.
  • Learn more about property transfer tax by clicking here.
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