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5230, Avenue West Hill, Montréal (Côte-des-Neiges/Notre-Dame-de-Grâce)
$6,825,000
$6,825,000
Income properties for sale
5230, Avenue West Hill, Montréal (Côte-des-Neiges/Notre-Dame-de-Grâce)
Features
Use of property
Residential
Year built
1951
Number of units
Residential (17)
Residential units
2 x 3 ½, 10 x 4 ½, 5 x 5 ½
Potential gross revenue
$395,964
Description
NDG - ***Outstanding Financial Indicators*** Annual return on cash flow of more than 5%, IRR above 20%, APR of more than 4.5%, Down payment less than 15%, Very advantageous mortgage assumption. A 17renovated-rental-condo building in 2024, located across from Confederation Park. The condo-style apartments have one to three closed bedrooms.
Centris No. 24168835
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Financial details
| Municipal assessment (2025) | |
|---|---|
| Lot | $613,900 |
| Building | $1,938,100 |
| Total | $2,552,000 |
| Taxes | |
|---|---|
| Municipal (2025) | $16,263 |
| School (2025) | $2,064 |
| Total | $18,327 |
| Expenses | |
|---|---|
| Electricity | $1,117 |
| Insurance | $16,746 |
| Snow removal | $1,150 |
| Internet | $3,756 |
| Total | $22,769 |
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