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Income properties for sale
8525, Avenue Champagneur, Montréal (Villeray/Saint-Michel/Parc-Extension)
$1,475,000
$1,475,000
Income properties for sale
8525, Avenue Champagneur, Montréal (Villeray/Saint-Michel/Parc-Extension)
Features
Use of property
Residential
Year built
1960
Lot area
3,060 sqft
Number of units
Residential (8)
Residential units
1 x 2 ½, 1 x 3 ½, 6 x 4 ½
Main unit
2 rooms, 1 bedroom, 1 bathroom
Potential gross revenue
$84,960
Description
-PRICED for a 15-30 NOTARY SIGN VISITS of 4 of 8 apts ONLY afte PROMISE TO PURCHASE Is ACCEPTED,SEE Photos of 5 selected units,show the excellent condition of the property.The SELLER requires a deposit of a $50,000 BANK DRAFT TO:REMAX ALLIANCE INC IN TRUST,within 72 hours of SATISFACTORY inspection,must be indicated in section 12.1 of promise to purchase.Well-Maintained 8-Unit Investment Property Owned by the same family since 1987,building well cared for and upgraded over the years, offers excellent long-term value:Annual revenues are financially sound -Opportunity to increase income:2 tenants have outgrown their apartments & likely to move.
Centris No. 17974476
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Financial details
| Municipal assessment (2026) | |
|---|---|
| Lot | $454,900 |
| Building | $670,800 |
| Total | $1,125,700 |
| Taxes | |
|---|---|
| Municipal (2025) | $6,668 |
| School (2026) | $833 |
| Total | $7,501 |
| Expenses | |
|---|---|
| Electricity | $315 |
| Gas | $6,285 |
| Insurance | $4,911 |
| Total | $11,511 |
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