514-932-9000 | 416-637-6007
Income Property Real Estate Agency
  • Residential units: 102
  • Floors: 3 + basement
  • Asking price: $11,500,000.00
  • Heating: Gas
  • Hot water: Gas
  • Land: 2,153.00; 2,177.90; 1,980.90 m² (23,174; 23,442; 21,322 ft²)
  • Building size: 0 x 0 m (0 x 0 ft)
  • Building floor area: 0 m² (0 ft²)
  • Parking: 36 indoor spaces
  • Year built: 1967, 1960, 1958
New on the market. The perfect location. 3 buildings, 102 total units. Has been managed by the same family from construction. The units are (8 X 2 ½ , 38 X 3 ½, 56 X 4 ½). Many renovations done in recent years including: windows, balcony doors, brick work, gas furnaces. The location is fantastic. A walk to Du College Metro Station, close proximity of Cegep Saint Laurent and Vanier College. Located between the Boulevards: Boulevard Decarie, Boulevard Cote Vertu, Boulevard Alexis Nihon and Highway-40. Walk score of 84% (note 1). Very strong population growth in this part of the city with estimates of 9.0% population growth from 2011-2016 and 6.1% from 2016-2021 (note 2). The rents in place offer a lot of upside with the average rents in place being at: 445-455 Marcel-Laurin: $569 (2.5), $702 (3.5), $815 (4.5). 575 Marcel-Laurin: $605 (small 3.5), $725 (large 3.5) , $815 (4.5). 595 Marcel-Laurin: $578 (2.5), $716 (3.5), $807 (4.5). Potential to increase the rents in place. Great opportunity to acquire 3 buildings at the same time.

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