514-932-9000
Income Property Real Estate Agency
Residential units: 44
Floors: 3
Asking price: $3,050,000.00
Gross revenues: $299,460.00
Net income: $109,861.00
Cap rate: 3.6%
Heating: Gas
Hot water: Gas
Land: 21,925 ft²
Parking: 8 indoor, 15 outdoor
Multi unit property built in 1961, 44 units located in the city of Cote Saint-Luc, to the East of the Meadowbrook Golf Club. The unit sizes are : (3 X 1½ ; 4 X 2½ ; 23 X 3½, 13 X 4½ , 1 X 5½ ). Easy access to public transportation, bus 161 goes to the Metro station Plamondon. The rents in place are extremely low, average rent is $548 ( heat and hot water are paid for by the landlord).
Residential units: 0
Floors: 4
Asking price: $1,750,000.00
Gross revenues: $196,935.00
Net income: $89,289.00
Cap rate: 5.1%
Heating: Electric and gas
Hot water: Electric
Land: 930.70 m² (10012 ft²)
Parking: None
Office building for sale in the South West district, on Centre street, South of the Lachine Canal and of Griffintown. 2 blocks from the Charlevoix Metro Station. This is a part of the city that has many development projects around. The rents in place offer a great potential of increase as the average rent is for approximately $17 per foot.
Residential units: 33
Floors: 3
Asking price: $2,850,000.00
Gross revenues: $262,080.00
Net income: $150,233.00
Cap rate: 5.27%
Heating: Gas
Hot water: Gas
Land: 1,559.10 m² (16,773 ft²)
Parking: 12 indoor
New on the market. Multi-unit property located in NDG. Near the effervescence of Cote Saint-Luc Road. Owned and maintained by the same owners since 1988. Large units (17 X 3½ – 16 X4½). Most exterior windows have been changed. High efficiency furnace changed in 2011. The roof was partly done in 2000, the major portion of the roof redone in 2005. There is no mortgage to assume, the property is free and clear. This property is in great condition and respects all regulations of the city of Montreal. The average rents in place are low; 3½s are $566.71, 4½s are $706.
Residential units: 24
Floors: 3
Asking price: $1,850,000.00
Gross revenues: $172,662.00
Net income: $95,133.00
Cap rate: 5.14%
Heating: Gas
Hot water: Gas
Land: 838.30 m² (9,018 ft²)
Parking: 6 indoor
New on the market. 24 multi-unit property located in NDG , on Chester street. Near all the services, quiet residential neighborhood. The property is in excellent condition (built in 1971) with many renovations done including windows, roof, balconies, furnace , hot water tank, a lot of the plumbing and most of the apartments. All the electric panels are with breakers.
Residential units: 12
Floors: 3
Asking price: $1,400,000.00
Gross revenues: $96,384.00
Net income: $69,593.00
Cap rate: 4.97%
Heating: Electric
Hot water: Electric
Land: 499.80 m² (5,377 ft²)
Parking: None
This multi-unit property built in 1910 is located in the borough of Ville Marie. On Parthenais Street. It is a few steps away from the Frontenac Metro Station. It is composed of 2 buildings of 6 units (they must be sold together) It has 12 X 4½ units.The heating and hot water are electric (tenant paid). The electric panels are with breakers. The previous owners had totally renovated the building in the 1970s. The current owners (same owners since 1994) have changed the balcony floors, the doors, the windows and the stairs.

To sell or buy an apartment building, contact us:



Check out our

latest properties

SOLD