Income properties for sale
56, Rue Guilbault Ouest, Montréal (Le Plateau-Mont-Royal)
$3,200,000
Features
Use of property
Residential
Year built
1971
Living area
5,256 sqft
Lot area
1,762 sqft
Number of units
Residential (16)
Residential units
16 x 2 ½
Potential gross revenue
$200,952
Description
Rare investment opportunity! Don't miss this unique chance to acquire a renovated 16-unit building featuring studio apartments. 12 units are fully furnished, equipped, and rented on a month-to-month basis, while three are rented unfurnished on long-term leases. The 12 short term units will be available to the buyer. The property has undergone extensive renovations, including new windows, doors, heating systems, central hot water, electrical systems, and complete remodels of 10 units. It is perfectly located near all services and public transportation. With proper management, the building can generate over $300,000 annually. See Addendum
Centris No. 13790418
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Financial details
Municipal assessment (2021) | |
---|---|
Lot | $401,100 |
Building | $2,494,000 |
Total | $2,895,100 |
Taxes | |
---|---|
Municipal (2025) | $18,818 |
School (2025) | $2,374 |
Total | $21,192 |
Expenses | |
---|---|
Electricity | $3,400 |
Oil | $7,720 |
Insurance | $8,964 |
Total | $20,084 |
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