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$1,795,000

8 units for sale - Plateau Mont-Royal

$1,795,000

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$1,795,000

8 units for sale - Plateau Mont-Royal

$1,795,000

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2150 Boul. St-Joseph E., Plateau Mont-Royal, H2H 1E8

**OPPORTUNITY FOR INVESTORS / BUILDERS** Magnificent detached corner 8 unit building with HUGE potential. Located in a sought-out area of le plateau. Land at the back is exploitable...can build additional units for higher annual income. Currently, there are 5 semi-furnished apartments plus 3 ready to be built. Great Project with LOTS of potential!

  • Lot area: 3,392 SF
  • NUMBER OF ROOMS : 0
  • Year built : 1942
ELISE OIKNINE
Real Estate Broker
Brokers tranquilit
Building details and property interior
Particularities plusParticularities minus

55'2" X 32'

1942

Wood

Tandem

Wood , Ceramic

Addenda
Particularities plusParticularities minus

RARE OPPORTUNITY for Entrepreneurs and/or Investors. This stone detached building 8plex wraps around corner ave. des Erables. Presents lots of Potential!! Can build on the REAR LOT for additional income, includes back terraces, indoor and outdoor parking. Property with undeniable POTENTIAL, prime location. apartments rented short term without any leases. Unique product on the market!

Currently, there are 5 semi-furnished apartments which include kitchen appliances and furniture that were rented short terms. There are 3 apartments which are ready to be built.

Rental 2019 revenue was $ 144,773 however, (2020 and 2021 revenue do not reflect the previous years due to the pandemic nor the future revenues if leased long term)

2 TANDEM outdoor parking and 2 indoor altogether 6 places 4 outdoor and 2 indoor for additional income.

* Description of Units are as follows:

# 1A .... 5-1 / 2 (3 bedrooms plus 1 + 1 bathroom located on the ground floor (Laundry room shared with 1B)

# 2 .... 4-1 / 2 (2 bedrooms plus 2 bathrooms, front and rear balcony located on the 2nd floor

# 3 .... 4-1 / 2 (2 bedrooms plus 1 bathroom front and rear balcony located on the 2nd floor

# 4 .... 4-1 / 2 (2 bedrooms plus 2 bathrooms, front and rear balcony located on the 3rd floor

# 5 .... 4-1 / 2 (2 bedrooms plus 1 bathroom front and rear balcony located on the 3rd floor

# 1B .... 3-1 / 2 (to be built; accessible from the back; located on the ground floor adjacent to 1A Laundry room shared with 1A.

# Basement: 1 x 3-1 / 2 and a Studio to be built

* Year of hot water tanks in the basement:

# 1- to be confirmed
# 2- 2016
# 3- 2016
# 4- 2013
# 5- 2008
# 6- 2013 (basement office)

* Shared central heating

Some flats are currently vacant others are still rented on a short-term basis.

Apartments 1 to 5 having benefited from renovations and constant maintenance over the years.

Sought out LOCATION!!! Within walking distance of Mont-Royal Avenue, schools, grocery stores, parks, restaurants, services, public transportation, and much more!

The property requires some work

Walk score 93 Paradise for walkers and cyclists!


Building details and property interior
Particularities plusParticularities minus

55'2" X 32'

1942

Wood

Tandem

Wood , Ceramic

Lot and exterior features
Particularities plusParticularities minus

106' X 32'

3,391.92 SF

Double width or more

Driveway : 4 , Garage : 4

CEGEP , Daycare centre , Hospital , Park , Bicycle path , Elementary school , High school , Public transportation

Characteristics
Particularities plusParticularities minus

Hot water

Natural gas

Laundry room

Municipality

Municipality

Financial details
Particularities plusParticularities minus
Assessment (2021)
Taxes
  • (2021)
  • (2021)
Gross yearly revenu (potential)
Annual Expenses
Energy
2150 Boul. St-Joseph E., Plateau Mont-Royal, H2H 1E8
NEIGHBOURHOOD STATISTICS
  • Statistics Person living alone
  • Statistics Families with children
  • Statistics Families with no children
  • 8.7%
  • 12.5%
  • 9.7%
  • 17.2%
  • 51.6%
  • 0.0%
  • 0.3%
  • 5.6%
  • 88.6%
  • 4.9%
UnilingualFrenchUnilingualEnglishBilingual(fr/en)Other 0% 10% 20% 30% 40% 50% 60% 70% 80% 90%100%
  • Statistics Household
  • Statistics Individual
  • Statistics Owners
  • Statistics Renters
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ELISE OIKNINE
Real Estate Broker
Brokers tranquilit

MORTGAGE PAYMENTS CALCULATOR

Financial details

Assessment (2021)
Taxes
  • (2021)
  • (2021)
Gross yearly revenu (potential)
Annual Expenses
Energy
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