PROPERTY DETAILS

8250 Rue St Hubert
Montréal (Villeray/Saint-Michel/Parc-Extension)

MLS: 27453396

$3,500,000

 0 BEDS

 0 BATHS

0 Powder Rooms

1922 YEAR BUILT

Description

UNIQUE OPPORTUNITY to acquire a 13plex sitting on a lot of over 250 Square meters. Primarily located close to shops and services and approximately 200M from metro Jarry. This property features 10 residential units and 3 commercial spaces all of them leased. The commercial spaces comprise of a Beauty Salon, Depanneur and a Telecom business. Currently generating revenues of over $174k GROSS with great potential to increase revenues. Very good tenants! Contact us today for more information.

Don't Miss This Rare Investment Opportunity!

Own a 13-unit semi-commercial property situated on a
spacious lot of over 250 square meters, ideally located
just steps away from shops, services, and only 200 meters
from Metro Jarry. This prime property includes 10
residential units and 3 thriving commercial spaces
--currently occupied by a Beauty Salon, Depanneur, and
Telecom business .

Key Highlights:
- Steady Income Stream: Generating over $174,000 in
GROSS annual revenue with significant potential for
growth.
- Reliable Tenants: Enjoy the benefits of long-term,
high-quality tenants.
- Modern Upgrades:
- New roof installed in 2009.
- All windows and balcony doors replaced in 2018 (2nd
and 3rd floors).
- Electrical panels upgraded in 2018.
- Gard-X Fire Detector/Alarm System installed in 2020
for added safety and conformity..
- No Hot Water Tank Rentals: All hot water tanks are
owned by the building, saving you additional costs.

This is a turnkey investment with proven cash flow and room
to grow. Whether you're expanding your portfolio or looking
for a solid income-generating asset, this property is a
must-see .

Act Now! Contact us today to schedule a viewing or for
more details.

BUILDING
Type
Style Semi-detached
Dimensions 0x0
Lot Size 250 MC
EXPENSES
Insurance $ 9000 / year
Energy cost $ 1900 / year
Maintenance / Repairment $ 4000 / year
Municipal Taxes (2024) $ 13889 / year
School taxes (2024) $ 827 / year
ROOM DETAILS
Room Dimensions Level Flooring
N/A
CHARACTERISTICS
Heating system Electric baseboard units
Water supply Municipality
Heating energy Electricity
Windows PVC
Foundation Poured concrete
Siding Brick
Proximity Highway, Cegep, Hospital, Park - green area, Elementary school, High school, Public transport, Bicycle path, Daycare centre
Basement 6 feet and over, Unfinished, Other
Sewage system Municipal sewer
Window type Sliding
Topography Sloped
Zoning Commercial, Residential
Roofing Asphalt and gravel
This property is presented in collaboration with RE/MAX ACTION