Superb 17-unit property with prime location directly in front of D’Iberville metro station on the Blue Line. Located near the charming commercial section of Beaubien E. Street. This well-maintained building has had over $400,000 in renovations since 2018: roof, balconies, brickwork, intercom system, garage doors, and 4 apartment units. Heating and hot water are powered by natural gas and paid by the owner. Potential to qualify for CMHC MLI Select financing under energy efficiency criteria. Good potential to increase the rents An excellent investment opportunity not to be missed!
LOCATION
Well situated in Saint-Michel, just steps from the borders with Rosemont and Villeray, this property enjoys an exceptional location directly across from D’Iberville Metro Station on the Blue Line. Walking distance to Molson Park, Beaubien Street, and all the vibrant amenities of the nearby Villeray neighborhood.
Nearby:
Parks: Molson Park
Shopping streets: Jean-Talon E., Beaubien E.
Metro: D’Iberville (directly across the street
Hospital: Jean-Talon Hospital
Schools & Universities: Université de Montréal, UQAM, McGill, Concordia, Rosemont College, Ahuntsic College, André-Grasset
Walk Score: 94 | Bike Score: 77
BUILDING
1 x 1 ½, 2 x 2 ½, 4 x 3 ½, 10 x 4 ½ | Total of 17 units
Heating: Central natural gas heating paid by the owner
Hot water: Central natural gas hot water paid by the owner
Washer/dryer hookups in the 4 recently renovated units
Renovations: Roof (2018 | $29,000), Balconies and railings (2019 | $19,000), Brickwork (2019 | $65,000), 4 renovated apartment units
Zoning: C.4 H (commercial and residential) | Zone C03-052
ADVANTAGEOUS FINANCING
Potential to qualify for CMHC MLI Select financing with the energy efficiency criteria.