for sale
3421 Av. de l'Hôtel-de-Ville
Le Plateau-Mont-Royal (Montréal), H2X3B5
MLS # 9880004
Welcome to the virtual tour , Enjoy your visit !
Rare Opportunity
Address:
3421--3443 AV DE L'HOTEL-DE-VILLE,
Borough:
Le Plateau
Number of floors:
3 Stories
Asset Class:
Multi- Family
Lot size:
690.60 Meters sqaured
Number of units:
18 Residential units
Asking price:
$7,200,000
Unit mix:
14 - 4 1/2
4 - 3 1/2
Proximity: Lafontaine park, Plateau Mont Royal,
Universities, metro stations
Current Annual Gross Revenue:
$326,100
Expenses Annual:
***Please note that each tenant pays their own separate
hydro bill/heating bill.
Taxes + insurance approx. $50,000
Optimization:
Currently combined this unique dwelling offers the chance
to subdivided each triplex OR convert to condos and offer
the chance to sell as individual units. Must be city
approved.
Only 3 of the 18 units are optimized. Proof of concept was
done with unit 3427 Currently rented at $2300/monthly.
There is a huge demand for 2 bedroom units renovated in
this area. Rents expected to be between $2300 - $2600
depending on renovation.
Appliances for each unit, washer dryer for each unit, hotwater tank for each unit.
99
- Heating system: Electric baseboard units
- Water supply: Municipality
- Heating energy: Electricity
- Distinctive features: Environmental study phase 1
- Proximity: Highway, Cegep, Daycare centre, Golf, Hospital, Park - green area, Bicycle path, Elementary school, High school, Cross-country skiing, Public transport, University
- Sewage system: Municipal sewer
- Zoning: Residential
- Municipal Taxes: $36,979 / year
- School taxes: $5,154 / year
contact agent
Residential & Commercial Real Estate Broker
Mark Reiner
