Income Properties for Sale in Montreal
Baron has the most comprehensive listings of income properties for sale in Montreal. Our catalogue of apartment buildings includes properties in prime location. We assess a property’s value on more than just its appearance and location. When buying or selling income properties such as apartment buildings, it’s important to understand the big picture. Is there room to grow in the neighborhood? What attracts tenants to this area? Are their zoning policies that might affect the value of the property? These are just a few of the factors that we take into account.
With us, you not only get the asking price, our goal is to list the properties right, so that the buyer and the seller don’t waste time trying to figure out the right price. We also provide accurate return on investment calculations for our clients,the needed down payment to purchase,the cap rate, rental prices, potential upside in the rents, and perfect marketing material to help the buyers/investors truly understand and appreciate what they are buying.
Income property expertise
Baron Realty not only provides comprehensive listings, we also make sure that all of our investors are given access to our extensive expertise in Montreal’s income property world. Our years of experience on the ground is what sets us apart from the rest. We know exactly what you should expect out of an apartment building, where the best places to buy are, and what makes something appealing to investors, sellers, and tenants.
Baron Realty gives you the ability to see all of the details. This means that you get to see pictures, land dimensions, parking options, return on investment, similar properties sold, and the upside in the rents / expenses. We want to make sure you get the full picture before you make a decision.
With a focus on honesty, integrity, and in-depth knowledge of the industry, Baron Realty has become one of Montreal’s leading income property agencies. If you are looking for income properties for sale in Montreal, then you have come to the right place.
2194 rue Sherbrooke est Interested, more information please
- Residential units: 23
- Floors: 3 + basement
- Asking price: $1,575,000.00
- Heating: Electric
- Hot water: Oil
- Land: 317.00 m² (3,412.16 ft²)
- Building size: 0 x 0 m (0 x 0 ft)
- Building floor area: 0 m² (0 ft²)
- Parking: None
- Year built: 1960
New on the market. The perfect location. 23 units for sale in Ville-Marie, adjacent to Plateau-Mont-Royal. A walk from Park Lafontaine and Notre-Dame Hospital. 23 units (12 X 1 ½, 3 X 2 ½ and 8 rooms ). Near Sherbrooke Metro Station, a walk from all the services for the tenants, walk score of 95% (note 1). In great condition. The same owner has managed the building since 1998. This part of the city, very strong demographically, population growth estimated at 6.5% from 2015-2020, median age of 35.4 (note 2). Updates include: Roof: 2003, 4 electric meters installed in 2011 (5 total electric meters in the building) , 19 electric panels with breakers installed in 2008. The units rented furnished. Owner pays the electricity, heat (electrical heating) as well as hot water (oil). Great rental area. Easy to rent in this location. The average rent in place is: 1 ½s rented at an average of 541.25$ / month, 2 ½s at 650$/month, rooms at at $450.63 / month. Rented with heat, hot water , electricity , furniture included.