Income properties for sale
3650, Rue Ontario Est, Montréal (Mercier/Hochelaga-Maisonneuve), Neighbourhood Hochelaga-Maisonneuve
$9,995,000
+GST/QST
$9,995,000 +GST/QST
Income properties for sale
3650, Rue Ontario Est, Montréal (Mercier/Hochelaga-Maisonneuve), Neighbourhood Hochelaga-Maisonneuve
Features
Use of property
Residential, Commercial
Year built
2023
Building area (at ground level)
14,774 sqft
Lot area
5,462 sqft
Number of units
Residential (25), Commercial (1)
Residential units
16 x 3 ½, 5 x 4 ½, 4 x Loft/Studio
Potential gross revenue
431,388 $
Description
Major new construction in 2023 in Hochelaga-Maisonneuve. The building comprises 26 apartments and 1,405 ft² of commercial space on the first floor. It offers 4 x lofts, 17 x 3.5 and 5 x 4.5, all spacious and modern, with 8-foot-high ceilings. The building was designed with Airbnb in mind in case there is a future zoning possibility with the city. Ideal opportunity for buyers looking for a quality investment.
Centris No. 16668309
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Visit the real estate broker's website to see the detailed sheet of this property.
Financial details
Municipal assessment (2025) | |
---|---|
Lot | $558,400 |
Building | $7,441,600 |
Total | $8,000,000 |
Taxes | |
---|---|
Municipal (2024) | $55,000 |
School (2024) | $4,000 |
Total | $59,000 |
Expenses | |
---|---|
Electricity | $16,799 |
Gas | $3,390 |
Insurance | $27,999 |
Equipment (rental) | $6,000 |
Wifi | $2,400 |
Total | $56,588 |
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