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Income properties for sale
1388 - 1408, Rue Villeray, Montréal (Villeray/Saint-Michel/Parc-Extension)
$1,599,000
$1,599,000
Income properties for sale
1388 - 1408, Rue Villeray, Montréal (Villeray/Saint-Michel/Parc-Extension)
Features
Use of property
Residential
Year built
1958
Number of units
Residential (6)
Residential units
6 x 4 ½
Potential gross revenue
107,460 $
Description
Located in the heart of Villeray, within walking distance of Fabre metro. Six-unit property with 2 VACANT units. Includes 4 x 4½ with two closed bedrooms and 2 large units over two levels (ground floor + basement). Exceptional rental income. $112,000 potential July 2025. Several parking spaces on the side. Front façade wall to be redone (repair estimates available). Utilities paid by tenants. Highly sought-after area. Ideal for experienced investors or entrepreneurs seeking a solid, strategic, and well-located asset.
Centris No. 16891369
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Financial details
| Municipal assessment (2024) | |
|---|---|
| Lot | $279,800 |
| Building | $950,000 |
| Total | $1,229,800 |
| Taxes | |
|---|---|
| Municipal (2025) | $8,087 |
| School (2024) | $990 |
| Total | $9,077 |
| Expenses | |
|---|---|
| Electricity | $271 |
| Insurance | $4,758 |
| Total | $5,029 |
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