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3232, Rue Des Ormeaux, Montréal (Mercier/Hochelaga-Maisonneuve)
$2,099,000
$2,099,000
Income properties for sale
3232, Rue Des Ormeaux, Montréal (Mercier/Hochelaga-Maisonneuve)
Features
Use of property
Residential
Year built
1957
Building area (at ground level)
1,098 sqft
Lot area
2,205 sqft
Parking (total)
Driveway (2)
Number of units
Residential (8)
Residential units
8 x 3 ½
Main unit
3 rooms, 1 bedroom, 1 bathroom
Potential gross revenue
$130,200
Additional features
Basement 6 feet or +
Description
8-unit building with 3½ apartments, completely renovated from A to Z in 2024--2025: electrical, plumbing, ventilation, windows, patio doors, balconies, roof, etc. Each unit is equipped with a wall-mounted heat pump. Annual effective gross income of $127,200 with very low operating expenses. The seller holds an energy efficiency report prepared by an engineer in 2024. No major improvements anticipated for the next 10 to 15 years.
Centris No. 15856966
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Financial details
| Municipal assessment (2025) | |
|---|---|
| Lot | $169,000 |
| Building | $590,200 |
| Total | $759,200 |
| Taxes | |
|---|---|
| Municipal (2025) | $4,615 |
| School (2025) | $682 |
| Total | $5,297 |
| Expenses | |
|---|---|
| Electricity | $452 |
| Insurance | $4,249 |
| Maintenance | $2,000 |
| Total | $6,701 |
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