$1,549,999

7plex for sale - Montréal (Villeray/Saint-Michel/Parc-Extension) (Parc-Extension)

$1,549,999

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$1,549,999

7plex for sale - Montréal (Villeray/Saint-Michel/Parc-Extension) (Parc-Extension)

$1,549,999

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8400 Av. Stuart, Montréal (Villeray/Saint-Michel/Parc-Extension) (Parc-Extension), H3N 2S3

Welcome to 8400 Av Stuart in the up and coming neighbourhood parc extension. Well maintained 7 Plex with 6x5.5 and 1x7.5. With lots of renovations done, owner has put in at least $150k-200k. This investment opportunity brings lots of potential for revenue optimization. don't miss out and book a visit now!!

  • NUMBER OF ROOMS : 0
  • Year built : 1962
WAHID KHAN
Real Estate Broker
Brokers tranquilit
ABDUR RASHID KHAN
Residential and Commercial Real Estate Broker
Building details and property interior
Particularities plusParticularities minus

62' X 67'5"

1962

Aluminum

Sliding

Poured concrete

Brick

Elastomeric membrane

Addenda
Particularities plusParticularities minus

This property includes a 7.5 in apartment #2 which has 3 bedrooms upstairs and 1 bedroom in the basement. As well as 2 full bathrooms, one upstairs and one downstairs.

Potential revenue should be as the following:
Apt 1- Fully renovated $1750-$1800
Apt 2- $2000
Apt 3-7 $1500 each
For a total potential revenue of around $135,600
So there is a possibility of around ~ $50,000 of revenue optimization.


Renovations: ($150k-200k)
- Redid all plumbing to pex and copper. Removed lead from the city line until main line in 2022. All drain lines are ABS so there is never any blocking.
- Redid all front balconies ($12k-14k)
- Apartment #1 fully renovated with LVP flooring, floor to ceiling tiles in the bathroom, new kitchen, new electrics, new plumbing and washer & dryer stacked up. ($35K-40k)
- All other units have new kitchens, bathrooms and varnished floors except for apartment #4.

Building details and property interior
Particularities plusParticularities minus

62' X 67'5"

1962

Aluminum

Sliding

Poured concrete

Brick

Elastomeric membrane

Lot and exterior features
Particularities plusParticularities minus

Garage : 2

Highway , CEGEP , Daycare centre , Hospital , Metro , Park , Bicycle path , Elementary school , High school , Commuter train , Public transportation , University

Residential

Characteristics
Particularities plusParticularities minus

Electric baseboard units

Electricity

Municipality

Municipality

Included & Excluded
Particularities plusParticularities minus

All hot water tanks. From Apartment #1 stove and fridge only.

All tenants belongings

Financial details
Particularities plusParticularities minus
Assessment (2021)
Taxes
  • (2023)
  • (2022)
Gross yearly revenu (potential)
8400 Av. Stuart, Montréal (Villeray/Saint-Michel/Parc-Extension) (Parc-Extension), H3N 2S3
NEIGHBOURHOOD STATISTICS
  • Statistics Person living alone
  • Statistics Families with children
  • Statistics Families with no children
  • 34.2%
  • 28.9%
  • 6.2%
  • 12.0%
  • 18.7%
  • 5.3%
  • 1.1%
  • 1.1%
  • 82.6%
  • 10.0%
UnilingualFrenchUnilingualEnglishBilingual(fr/en)Other 0% 10% 20% 30% 40% 50% 60% 70% 80% 90%100%
  • Statistics Household
  • Statistics Individual
  • Statistics Owners
  • Statistics Renters
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WAHID KHAN
Real Estate Broker
Brokers tranquilit
ABDUR RASHID KHAN
Residential and Commercial Real Estate Broker

MORTGAGE PAYMENTS CALCULATOR

Financial details

Assessment (2021)
Taxes
  • (2023)
  • (2022)
Gross yearly revenu (potential)
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