Income property with 8 units of 4 ½, generating a gross annual income of $103,000. Excellent return with a gross revenue multiplier of 14.5. The building has been well maintained over the years: several units have been upgraded with vinyl flooring, renovated kitchens and bathrooms, as well as various plumbing improvements. A dual-energy heating system was installed in 2011, providing greater energy efficiency. This property is an excellent opportunity for investors seeking a stable, profitable, and well-managed building.
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ROOM DETAILS | |||
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Room | Dimensions | Level | Flooring |
N/A |
BUILDING | |
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Type | |
Style | Semi-detached |
Dimensions | 42x42 P |
Lot Size | 4453 PC |
EXPENSES | |
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Insurance | $ 4208 / year |
Energy cost | $ 7083 / year |
Maintenance / Repairment | $ 2500 / year |
Municipal Taxes (2025) | $ 6459 / year |
School taxes (2025) | $ 700 / year |
CHARACTERISTICS | |
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Driveway | Asphalt |
Roofing | Asphalt and gravel |
Heating energy | Bi-energy |
Proximity | Bicycle path, Cegep, Daycare centre, Elementary school, High school, Highway, Other, Park - green area, Public transport, Réseau Express Métropolitain (REM) |
Siding | Brick |
Distinctive features | Environmental study phase 1 |
Landscaping | Fenced |
Topography | Flat |
Heating system | Hot water |
Sewage system | Municipal sewer |
Water supply | Municipality |
Parking | Outdoor |
Foundation | Poured concrete |
Windows | PVC |
Zoning | Residential |
Window type | Sliding |
Phone: 514-718-5383
Office: 514-360-4332
EMAIL: j.odorisio@remax-quebec.com
7556 Boul. Henri-Bourassa E
Montréal (Anjou), Québec H1E 1P2