514-932-9000
Income Property Real Estate Agency
Residential units: 12
Floors: 3
Asking price: $1,575,000.00
Gross revenues: $111,084.00
Net income: $72,790.00
Cap rate: 4.62%
Heating: Electric
Hot water: Electric
Land: 1,755.5 m² (19,013.99 ft²)
Parking: 19 outdoor
Multi-family 12 unit (12 X 4 ½ units) property, electric heat and hot water paid for by the tenants. No loan to be assumed and the same owner since 1998. Ideally situated in the heart of an up and coming, affluent neighbourhood. All the units have washer/dryer entry. Wonderful building, in excellent condition, 4 of the 12 units recently totally renovated. Has 20 parking places, large and brightly lit units with ground-floor terraces and greenspace for 4 of the 12 units. Excellent potential of rent increases with an average rent in place of only $772 per month. This is an ideal neighbourhood for working professionals and young families. Located directly across from the des Cageux bus stop with buses going directly to the Pierrefonds/Roxboro train station, Fairview shopping centre, and Côte-Vertu metro station.
Residential units: 14
Floors: 3
Asking price: $2,175,000.00
Gross revenues: $121,104.00
Net income: $75,193.43
Cap rate: 3.46%
Heating: Electric
Hot water: Electric
Land: 431.10 m² (4,640.21 ft²)
Parking: None
Multi-family building for sale. 14 units (14 X 4 1/2s) located in Outremont. Phenomenal location, in the borough of Outremont. Walking distance from all services for the tenants, including a few minute's walk to Outremont metro station. The same owner has held the property since 1979. The heat and hot water are electric and are paid for by the tenants. The building is in excellent condition. The rents in place offer tremendous potential for increase with the average rent at only $721 / month (30% below the market average). The hot water tanks are all in the basement. The environmental reports are up to date and are available. No loan to be assumed. The owner provides no appliances to the tenants.
Residential units: 13
Floors: 3
Asking price: $1,895,000.00
Gross revenues: $143,376.00
Net income: $87,265.59
Cap rate: 4.61%
Heating: Gas
Hot water: Gas
Land: 667.3 m² (7,182.58 ft²)
Parking: 6 indoor
New on the market, 13 unit Multi-family property, gas heat and hot water (paid by owners), located in a prime location of Côte-des-Neiges. Near the effervescence of Côte-des-Neiges Street. Between the Jewish General Hospital and St-Mary’s hospitals, near CHU Sainte-Justine hospital, walking distance from Côte-des-Neiges Metro Station and the University of Montreal. Owned and maintained by the same family since 1994. Large units (10 X 4 ½ – 3 X 3½). The owners have done many updates and renovations including: Brand new furnace (2016), recently updated hot water heater, new electrical main entry, the electrical lines redone until the electric panels inside the units. Electric panels are with breakers. There is no mortgage to assume. This property is in great condition. Phase 1 environmental report available from September 2016.
Residential units: 13
Floors: 3
Asking price: $1,150,000.00
Gross revenues: $91,176.00
Net income: $54,042.48
Cap rate: 4.7%
Heating: Electric
Hot water: Gas
Land: 485.00 m² (5,217 ft²)
Parking: None
New on the market.  13 unit Multi-family property, electric heat paid by the tenants and hot water is gas paid by the landlord, located in a prime location, on Decarie Boulevard ideally situated between 4 Metro Stations (Namur, Plamondon, CoteSainte-Catherine and Snowdon). It is a walking distance from Plamondon Metro Station. The bedrooms are extremely large, each bedroom can easily support 2 double beds inside. Owned and maintained by the same family for the last 33 years. The owners during their ownership have done many updates including: The roof and roof soffit, exterior doors and windows have been changed, fiberglass balcony floors, balcony hand railing, garage door. There is no mortgage to assume.  The electric panels are some with breakers others with fuses. The property shows very well.
Residential units: 16
Floors: 3
Asking price: $2,160,000.00
Gross revenues: $152,512.00
Net income: $106,030.40
Cap rate: 4.91%
Heating: Electric
Hot water: Electric
Land: 605.40 m² (6,516.47 ft²)
Parking: 1 outdoor
New on the market. 16 unit Multi-family property, electric heat and hot water, located in a prime location of Côte-des-Neiges. Near the effervescence of Côte-des-Neiges Street. Between the Jewish General Hospital and St-Mary’s hospitals, near CHU Sainte-Justine hospital, walking distance from Côte-des-Neiges Metro Station and the University of Montreal. Owned and maintained by the same family for the last 18 years. Large units (10 X 4 ½ – 6 X 3½). The owners during their ownership have done many updates, renovations including: Exterior doors and windows have been changed, fiberglass balcony floors, roof (2010). There is no mortgage to assume. The electric panels are with breakers. This property is in great condition and is fully rented.

To sell or buy an apartment building, contact us:



Check out our

latest properties

SOLD