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Income properties for sale
3522 - 3530, Rue Masson, Montréal (Rosemont/La Petite-Patrie)
$8,900,000
+GST/QST
New property
$8,900,000 +GST/QST
Income properties for sale
3522 - 3530, Rue Masson, Montréal (Rosemont/La Petite-Patrie)
Features
Use of property
Residential, Commercial
Year built
1963
Building area (at ground level)
5,746 sqft
Lot area
5,746 sqft
Number of units
Residential (29), Commercial (1)
Residential units
19 x 3 ½, 6 x 4 ½, 3 x 5 ½, 1 x 6 ½
Potential gross revenue
$565,668
Additional features
Elevator
Description
30-unit income property comprising 1 x 6 1/2, 3 x 5 1/2, 6 x 4 1/2, 19 x 3 1/2 units, and a 1,220 sq. ft. commercial space. Total area of 19,014 sq. ft. CMHC mortgage assumption: APH 100 energy efficiency rating, 50-year amortization with a favorable rate of 3.41%, maturing in 2029. Investment opportunity with a 15% down payment.
Centris No. 23854810
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Financial details
| Municipal assessment (2024) | |
|---|---|
| Lot | $907,500 |
| Building | $4,917,500 |
| Total | $5,825,000 |
| Taxes | |
|---|---|
| Municipal (2026) | $39,275 |
| School (2025) | $3,813 |
| Total | $43,088 |
| Expenses | |
|---|---|
| Electricity | $2,761 |
| Insurance | $24,338 |
| Elevator(s) | $2,208 |
| Superintendent | $10,800 |
| Maintenance | $18,600 |
| Security | $226 |
| Wifiplex | $4,360 |
| Total | $63,293 |
See all financial details
