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Income properties for sale
3440, Avenue Ridgewood, Montréal (Côte-des-Neiges/Notre-Dame-de-Grâce)
$15,695,000
$15,695,000
Income properties for sale
3440, Avenue Ridgewood, Montréal (Côte-des-Neiges/Notre-Dame-de-Grâce)
Features
Use of property
Residential
Year built
1954
Building area (at ground level)
54,875 sqft
Living area
54,875 sqft
Lot area
19,375 sqft
Number of units
Residential (46)
Residential units
9 x 2 ½, 10 x 3 ½, 26 x 4 ½, 1 x 7 ½
Potential gross revenue
$890,700
Description
There are 12 interior parking spots and 6 exterior parking spots. Roof was redone in 2017. There is a mortgage on the property that can be assumed. In terms of heating, the renovated units are fully electric (and separately metered) and the non-renovated units are a mixture of natural gas and electric (and not separately metered). The renovated units have washers/dryers. All appliances in all units are owned by the landlord as are the washing machines in the laundry room that are used by the tenants in the non-renovated units. There is a 5-bedroom penthouse unit (unit 50) that is on two levels and has its own private terrace.
Centris No. 25747236
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Visit the real estate broker's website to see the detailed sheet of this property.
Financial details
| Municipal assessment (2025) | |
|---|---|
| Lot | $1,980,300 |
| Building | $11,219,700 |
| Total | $13,200,000 |
| Taxes | |
|---|---|
| Municipal (2025) | $76,476 |
| School (2025) | $10,086 |
| Total | $86,562 |
| Expenses | |
|---|---|
| Insurance | $16,200 |
| Elevator(s) | $3,600 |
| Superintendent | $13,750 |
| Management/Administration | $24,000 |
| Utilities | $43,926 |
| Total | $101,476 |
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