3110-3120 Avenue Linton

Succession sale. First time on the market since 2002 3110-3120 Avenue Linton has been owned and managed by the same ownership group since 2002.It has 20 large units located in the Cote Des Neiges Borough.

Borough: The borough of Cote Des Neiges, of Montreal’s 19 boroughs, is number one in population size (Note 1). On a surface area of 21.4 square kilometers, it has 166,520 inhabitants, representing 9.8% of Montreal’s population.

Location: This location is a AAA location, with a Walkscore of 90 (Note 2). It is within walking distance to all services, including HEC Montreal, the University of Montreal, 2 Metro Stations (University of Montreal and Cote Des Neiges), and 2 of Montreal’s most important hospitals (Jewish General Hospital and CHU Sainte-Justine). The demographics (Note 3) are phenomenal, with an estimated population growth of 2.4% from 2022 to 2027, a median age of 33.7, and an average household income of $77,124.

All the units are large 3.5 and 4.5 units. There are 4 total units in the basement (2 per building) and the rest of the units are 4 per floor per building (there are 2 buildings: 3110 Avenue Linton and 3120 Avenue Linton, each building has 10 units for a total of 20 units).

Unit sizes: The units are very spacious (each building has a surface area of 3,568 square feet per floor for 4 units on levels 1 and 2; the basement units are spacious as well). 2 basement units per building (4 total)

Building condition: The rented units are older but clean. Most of the windows were replaced from 2014 to 2021. The roofs are approximately 10 years old for one building and 15 years old for the second building (no receipts are available for the roofs) and are in acceptable condition.

In recent years one of the buildings had the furnace and hot water tank replaced. Both buildings have the piezos done.

Three of the basement units need to be renovated, and the properties are priced accordingly.

Central fire alarm system For both buildings, 3110 and 3120 Avenue Linton, the fire alarm system was installed in 2021 in accordance with the 1995 CBCS norms, with an addressable system.

(1) Source: Borough of Cote Des Neiges Demographic information, May 2018 report.

(2) Source: Walkscore.com

(3) Source Tetrad, 1 Km radius

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