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KW Urbain
Office : 514 787-6959

Revenue property for sale, Montréal (Anjou)

MLS 27266847
Address
6351, Boul. Joseph-Renaud , Montréal (Anjou)
Description
Rooms : 3 | Bedrooms : 1 | Bathroom : 1 | Powder room : 0 |
Excellent building for an investor looking for Optimization upside or to acquire a headache free building and rent as is cleaned up! Currently 25 of the 38 units are either vacant or will be moving out by the end of the year. The units are well sized and most can be converted to units with an additional bedroom quite easily. The revenue figure on the listing shows the income without any renovations and by simply filling the vacant units at market rent! The units have balconies and the building has garages, storage and a common laundry room. The location is sublime in a residential neighborhood steps from a grocery store and services!
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Characteristics

Property Type Revenue property Year of construction 1962  
Type of building Detached  Trade possible
Building dimensions 28.38 m x 38.47 m - irr Certificate of Location
Living Area      
Lot dimensions 41.17 m x 52.99 m - irr Deed of Sale Signature
Zoning Residential
Pool
Water supply Municipality Parking Garage (5)
Driveway
Roofing Elastomer membrane Garage
Siding Brick Lot
Windows Topography
Window Type Distinctive Features
Energy/Heating Natural gas View
Basement Proximity Public transport, High school, Bicycle path, Elementary school, Park - green area, Hospital, Daycare centre, Cegep, Highway  
Bathroom  
Sewage system Municipal sewer Distinctive features Environmental study phase 1
Heating system Hot water
Dimensions
Width of the building
28.38 m
Depth building
38.47 m
Lot frontage
41.17 m
Depth of field
52.99 m
Lot dimensions (Sq. ft.)
2,222.30 m²
Fees and taxes
School taxes :
$3,154 (2023)
Municipal Taxes :
$27,390 (2022)
Total
$30,544
Expenses / Energy (per year)
Energy cost
$36,479
Maintenance / Repairment
$20,900
Snow removal / Lawn mowing
$1,766
Caretaking
$11,970
Insurance
$23,761
Municipal evaluation
Year
2022
Lot
$655,600
Building
$2,449,400
Total
$3,105,000
Annual Gross Revenue (Potential)
Residential
$458,244
Parkings
$7,080
Other
$4,764
Total revenue
$470,088

Room dimensions

Rooms : 3    |   Bedrooms : 1    |   Bathroom : 1   |    Powder room : 0
Rooms LEVEL DIMENSIONS Type of flooring Additional information

Inclusions

As per leases

Exclusions

As per leases

Addenda

Six 3.5 units can be easily converted into 4.5 and all the

existing 4.5 units can be converted into 5.5 by moving the

kitchen into the living room, you can create an open

concept kitchen with adjacent living room and close off the

old kitchen to make a bedroom. This will dramatically

increase the listed revenue!

The following units can be converted to 4.5:

98,100, 101, 201, 210, 211, 300, 301, 310, 311

The following units can be converted to 5.5:

99,102, 103, 108, 109, 202, 203, 208, 209, 302, 303, 308,

309

Rents on listing are for units as is, without renovation.

Normalized rent with no increase.

There is no washer/dryer entrance to the units, the

property has a laundry room great for additional income.

The tenants of the following units are leaving during the

year, they have already confirmed their departure from the

end of August to January 1st 2023: 103, 106, 107, 110, 201,

205, 210, 302, 305, 309, 311, making the units ready for

renovation and optimization!

Roof: 2019

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