Montréal (Ville-Marie)

1184 – 1186 Rue Dorion Montréal (Ville-Marie) (Montréal)

  • 6 Bedrooms
  • 2 Bathrooms
  • Reference: 9426931
$ 1,369,000
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Details

  • Bedrooms
    6
  • Bathrooms
    2
  • Rooms
    8
  • Plot size
    2 701 ft²
  • Construction
    1890

Characteristics

Heating system Air circulation, Electric baseboard units
Available services
Water supply Municipality
Heating energy Natural gas
Equipment available Central heat pump
Windows PVC
Foundation Other, Concrete block, Stone
Proximity Other (Groceries, restaurants), Highway, Cegep, Park - green area, Bicycle path, Elementary school, High school, Public transport
Siding Brick
Basement 6 feet and over, Separate entrance, Finished basement
Parking 1 Outdoor
Sewage system Municipal sewer
Window type Sliding, Hung
Roofing Asphalt and gravel
Zoning Residential

Expenses

Type Amount Frequency Year
Insurance 2178 $ Yearly
Municipal Taxes 5445 $ Yearly 2026
School taxes 699 $ Yearly 2026

Description

A 10-unit income property (Duplez) in a prime location just steps from the Papineau metro station and within walking distance of downtown. Current annual income of $85,800 despite two currently vacant units, indicating significant potential for optimization. The building has been well-maintained over the years and sits on a lot of nearly 2,700 sq. ft. with parking. A rare opportunity for investors seeking an asset that is already generating income while offering room for growth. Quick access to services, shops, educational institutions, and public transit.

WHAT YOU HAVE TO KNOW ::* The building currently generates annual income of $85,800.* Two units are currently vacant, allowing the buyer to consider increasing income immediately upon purchase.* The building has a total of 10 units.* Prime location just a few minutes’ walk from the Papineau metro station, the Village, the Quartier des Spectacles, downtown, and numerous amenities.* Lot of approximately 2,700 sq. ft. with outdoor space and parking.* The building has undergone various maintenance and improvement projects in the years leading up to the current acquisition.* The building was already being operated in its current form at the time of acquisition by the current sellers.* An attractive opportunity for investors seeking a property offering immediate income as well as potential for optimization in the medium term.* The buyer must conduct their own due diligence regarding the intended use of the property and applicable regulations with the relevant authorities.Floor Plan Description BasementLiving roomKitchen2 bedrooms 1st FloorLiving roomKitchen2 bedroomsLaundry room2 bathroomsShower roomOutdoor patio (11.5 x 8.5) 2nd Floor6 bedrooms2 bathrooms

Included : Depending on the leases

Excluded : Tenants’ personal belongings

Location of the property

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