Income properties for sale
5140, Avenue Randall, Montréal (Côte-des-Neiges/Notre-Dame-de-Grâce)
$6,525,000
$6,525,000
Income properties for sale
5140, Avenue Randall, Montréal (Côte-des-Neiges/Notre-Dame-de-Grâce)
Features
Use of property
Residential
Year built
1951
Lot area
11,621 sqft
Number of units
Residential (17)
Residential units
2 x 3 ½, 11 x 4 ½, 4 x 5 ½
Potential gross revenue
$376,980
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. Building with 17 rental condos, 15 of which will be renovated in 2024, located between Monkland Village and Hampstead. The condo-style apartments consist of one to three closed bedrooms.
Centris No. 28979875
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Financial details
Municipal assessment (2025) | |
---|---|
Lot | $539,800 |
Building | $1,882,400 |
Total | $2,422,200 |
Taxes | |
---|---|
Municipal (2025) | $15,437 |
School (2025) | $2,233 |
Total | $17,670 |
Expenses | |
---|---|
Electricity | $2,539 |
Insurance | $14,424 |
Snow removal | $1,150 |
Total | $18,113 |
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