Income properties for sale
2525, Rue Rachel Est, Montréal (Le Plateau-Mont-Royal)
$6,600,000
Features
Use of property
Residential
Year built
2023
Number of units
Residential (16)
Residential units
7 x 3 ½, 7 x 4 ½, 1 x 5 ½, 1 x Loft/Studio
Potential gross revenue
$360,108
Description
Building constructed in 2023, composed of 1 x 5.5, 7 x 4.5, 5 x 3.5, and 3 x 1.5 units. The sellers took great care in delivering condo-quality apartments. With hot water and appliances included by the owners, the building is perfectly positioned to meet the strong rental demand in the area. The property also features a rooftop terrace and well-designed storage spaces.
Centris No. 16967532
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Financial details
| Municipal assessment (2025) | |
|---|---|
| Lot | $311,100 |
| Building | $5,038,900 |
| Total | $5,350,000 |
| Taxes | |
|---|---|
| Municipal (2025) | $34,775 |
| School (2025) | $4,485 |
| Total | $39,260 |
| Expenses | |
|---|---|
| Electricity | $9,437 |
| Insurance | $8,568 |
| Equipment (rental) | $4,800 |
| Internet/Bell/Wifi | $2,027 |
| Total | $24,832 |
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