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Income properties for sale
315, Rue Rielle, Montréal (Verdun/Île-des-Soeurs)
$10,550,000
$10,550,000
Income properties for sale
315, Rue Rielle, Montréal (Verdun/Île-des-Soeurs)
Features
Use of property
Residential
Year built
1968
Building area (at ground level)
5,328 sqft
Lot area
6,098 sqft
Number of units
Residential (32)
Residential units
2 x 2 ½, 17 x 3 ½, 13 x 4 ½
Potential gross revenue
$582,152
Description
Turn-key 32-unit multifamily investment located in the heart of Verdun. The property was fully renovated in 2019-2020 with high-end finishes including quartz countertops, hardwood and porcelain floors, sound insulation, and upgraded mechanical, electrical and plumbing systems. Well-balanced unit mix: 2 x 2½, 17 x 3½ and 13 x 4½, plus 6 indoor garage spaces and common laundry. Ideally located steps from De l'Église metro and vibrant Wellington Street with cafés, restaurants and shops. Close to parks and Verdun Beach. Excellent rental demand with strong income and CMHC MLI Select financing potential. Exceptional turnkey asset in prime location!
Centris No. 27195940
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Visit the real estate broker's website to see the detailed sheet of this property.
Financial details
| Municipal assessment (2024) | |
|---|---|
| Lot | $821,400 |
| Building | $4,277,800 |
| Total | $5,099,200 |
| Taxes | |
|---|---|
| Municipal (2025) | $28,846 |
| School (2025) | $3,747 |
| Total | $32,593 |
| Expenses | |
|---|---|
| Electricity | $1,248 |
| Gas | $7,783 |
| Insurance | $20,921 |
| Superintendent | $11,680 |
| Maintenance | $19,520 |
| Management/Administration | $28,278 |
| Internet | $9,271 |
| Total | $98,701 |
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