Overview

For additional information, please see the videos below:

English: 3955-3975 Avenue Dupuis English Video

French: 3955-3975 Avenue Dupuis French Video

Incredible opportunity, 40 units in two adjacent buildings, held and managed by the current ownership group since 2005. Phenomenal location only a block from Jewish General Hospital, mere blocks away from St. Mary’s Hospital, Cote-des-Neiges Metro Station and Cote Ste-Catherine Metro Station.

Great rental upside of 59.4% based on Baron Realty Rental Survey.

All large units, great unit mix of 12 X 3.5s, 18 X 4.5s and 10 X 5.5s. Very valuable 17 indoor parking spots.  Knight Lochinvar furnaces for heat and hot water (paid for by landlord); hydro paid by tenants; existing gas meter rentals for gas stoves.  Current in place average rent is only $877.

On a 1km radius, the area population growth is 3.4% from 2016-2021, with a perfect rental household income of ~$64,000/annum. Average population age is 35.1 years, optimal demographics for increasing in-place rents to market rents.

The seller is in the process of obtaining the up-to-date certificate of location as well as up to date environmental reports. The property is sold free and clear; buyer can do own financing.

Contact us for more details info@baronrealty.ca

 

 

  • Units

    40 Residential Units

  • Floors

    3 + basement

  • Parking

    17 Interior Stalls

  • Gross Revenue

    $448,932

  • NOI

    $255,704

  • Heating

    Gas, paid by landlord

  • Hot Water

    Gas, paid by landlord

  • Land

    2,408.6 m²

VIDEO

FRENCH

ENGLISH

Location

3955 – 3975 Avenue Dupuis

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Gallery