2375 Jean-Talon - Apartments FOR SALE


Montréal, QC H2E 1W1
$4,100,000 CAD
514-683-6666
2375 Jean-Talon, Montréal, QC for Sale
$4,100,000 CAD
Apartments - FOR SALE
1/11
null | 4.42% Cap Rate

2375 Jean-Talon
Montréal, QC H2E 1W1


HIGHLIGHTS

  • Located directly in front of D'Iberville Metro Station
  • Located directly in front of D'Iberville Metro Station
  • Over $400,000 invested in renovations since 2018
  • Redone: roof, balconies, brick, intercom, garage doors, etc
  • 4 units have been completely renovated recently
  • Potential to qualify for CMHC MLI Select financing under energy efficiency criteria

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$4,100,000 CAD

PRICE/SF

$911 CAD /SF

# OF UNITS

17

PRICE/UNIT

$241,176

CAP RATE

4.42%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1960

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,480 SF

ZONING

C.4 H

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Marc-André KnotImmeubles GloriaMore Info
514-683-6666

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Marc-André KnotImmeubles GloriaMore Info
514-683-6666

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.