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7955, Avenue Mountain Sights, Montréal (Côte-des-Neiges/Notre-Dame-de-Grâce)
$7,000,000
$7,000,000
Income properties for sale
7955, Avenue Mountain Sights, Montréal (Côte-des-Neiges/Notre-Dame-de-Grâce)
Features
Use of property
Residential
Year built
1967
Building area (at ground level)
14,820 sqft
Lot area
8,905 sqft
Number of units
Residential (32)
Residential units
2 x 2 ½, 26 x 3 ½, 4 x 4 ½
Potential gross revenue
$524,832
Additional features
Near the REM
Description
Rare opportunity. 32-plex located in the heart of Côte-des-Neiges. Currently, 7 units are vacant, providing investors with an excellent value-add opportunity. The property generates approximately $395,000 in gross revenue and $267,000 in net revenue. Well-maintained building with long-term CMHC-insured financing in place. Of the 32 units, 26 are under the affordable housing program. See addendum.
Centris No. 15161777
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Financial details
| Municipal assessment (2025) | |
|---|---|
| Building | $4,286,500 |
| Total | $4,286,500 |
| Taxes | |
|---|---|
| Municipal (2025) | $27,318 |
| School (2025) | $3,589 |
| Total | $30,907 |
| Expenses | |
|---|---|
| Electricity | $24,819 |
| Insurance | $17,007 |
| Superintendent | $11,680 |
| Maintenance | $19,520 |
| Management/Administration | $19,536 |
| Total | $92,562 |
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