Income properties for sale
8489, Rue Saint-Hubert, Montréal (Villeray/Saint-Michel/Parc-Extension)
$4,000,000
$4,000,000
Income properties for sale
8489, Rue Saint-Hubert, Montréal (Villeray/Saint-Michel/Parc-Extension)
Features
Use of property
Residential
Year built
1960
Lot area
2,677 sqft
Number of units
Residential (23)
Residential units
22 x 2 ½, 1 x 3 ½
Potential gross revenue
$253,104
Additional features
Near the REM
Description
Located in the heart of Villeray, 8489 Saint-Hubert is an extensively renovated 23-unit asset with 18 upgraded units (2022--2023) and over $600,000 in capital improvements. Positioned near Crémazie metro, Ahuntsic and André-Grasset Cégeps, Jarry Park, and Marché Central, it offers strong rental demand and long-term value. Natural gas heating and hot water are paid by the owner. Eligible for 90% CMHC MLI Select financing, this property combines stability with excellent upside in a vibrant Montréal neighborhood.
Centris No. 12251589
Financial details
Municipal assessment (2025) | |
---|---|
Lot | $298,400 |
Building | $1,641,600 |
Total | $1,940,000 |
Taxes | |
---|---|
Municipal (2025) | $12,757 |
School (2025) | $1,613 |
Total | $14,370 |
Expenses | |
---|---|
Electricity | $4,611 |
Gas | $10,353 |
Insurance | $14,703 |
Superintendent | $8,395 |
Maintenance | $16,790 |
Management/Administration | $12,281 |
Total | $67,133 |
See all financial details