Income properties for sale

5466, Avenue du Parc, Montréal (Le Plateau-Mont-Royal), Neighbourhood Mile-End

$2,950,000 or
$2,950,000 or

Income properties for sale

5466, Avenue du Parc, Montréal (Le Plateau-Mont-Royal), Neighbourhood Mile-End

Features

Lifestyle
20192834 2950000 /en/multi-family-properties~for-sale~montreal-le-plateau-mont-royal/20192834?view=Summary /fr/multifamilial~a-vendre~montreal-le-plateau-mont-royal/20192834 https://passerelle.centris.ca/redirect.aspx?&CodeDest=EVQUEBEC&NoMLS=20192834&Lang=E&source=centris.ca /en/multi-family-properties~for-sale~montreal-le-plateau-mont-royal/20192834/photos 45.5220867600 -73.6024364900 true
Use of property
Residential and commercial
Year built
1920
Available commercial area
1 sqft
Number of units
Residential (14), Commercial (1)
Residential units
2 x 1 ½, 12 x 4 ½
Main unit
4 rooms, 2 bedrooms, 1 bathroom
Potential gross revenue
$135,360
96

Description

Prime location in the heart of the mile end. Commercial on the ground floor with twelve 4 1/2 apartments and 2 studios. Huge potential to get (low rents). Ideal for investors... With a few renovations you can double if not triple the income. The building is a 24-plex that the seller is separating. The sale must be conditional on obtaining the new cadastral number and the new certificate of location. The owner is in the process of conversion.
Centris No. 20192834

Need more details?

Visit the real estate broker's website to see the detailed sheet for this property.

Need more details?

Visit the real estate broker's website to see the detailed sheet for this property.

Listing brokers

Anouk Doktorczyk, Residential and Commercial Real Estate Broker

Anouk Doktorczyk

Residential and Commercial Real Estate Broker

ENGEL & VÖLKERS MONTRÉAL

Real Estate Agency
ENGEL & VÖLKERS MONTRÉAL, Real Estate Agency
Yslane M'Sahi, Residential Real Estate Broker

Yslane M'Sahi

Residential Real Estate Broker

ENGEL & VÖLKERS MONTRÉAL

Real Estate Agency
ENGEL & VÖLKERS MONTRÉAL, Real Estate Agency
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Location

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Discover Montréal (Le Plateau-Mont-Royal)

Population (2016) 104,000
Population variation between 2011 and 2016 4%
Population density 12,855 hab/km2
Unemployment rate (2016) 8%

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property. Click here for more information.
  • Learn more about property transfer tax by clicking here.
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