Quintuplex for sale
4460, Rue Elgin, Montréal (Pierrefonds-Roxboro)
$1,199,000
Features
Use of property
Residential
Building style
Semi-detached
Year built
1969
Parking (total)
Driveway (5), Garage (4)
Number of units
Residential (5)
Residential units
5 x 4 ½
Main unit
4 rooms, 2 bedrooms, 1 bathroom
Potential gross revenue
$66,960
Additional features
Near the REM
Move-in date
15 days after acceptance of promise to purchase or rent
Description
Rare investment opportunity for five plex unit property grossing $66960 annually. Previous and present owner have invested in property over $175000. Rent ed 100%, with 4 indoor garage spaces. Apartments are in fantastic condition with many recent renovations with more potential to further increase revenues. The property is a short distance from two REM stations opened recently, which will give an opportunity to increase the revenues.
Centris No. 28477451
Financial details
| Municipal assessment (2024) | |
|---|---|
| Lot | $246,200 |
| Building | $597,800 |
| Total | $844,000 |
| Taxes | |
|---|---|
| Municipal (2025) | $5,210 |
| School (2025) | $637 |
| Total | $5,847 |
| Expenses | |
|---|---|
| Electricity | $3,600 |
| Gas | $7,500 |
| Insurance | $3,000 |
| Total | $14,100 |
See all financial details