4800 Gouin Est | Great Long Term Investment

Tired of flipping through listings looking for a profitable revenue property? Finally an opportunity for veteran investors to dig their fingers into! This patrimonial home located close to the border of Montreal North & Ahuntsic is well located, well managed and very interesting for the right type of investor.

With current rental income of $72,000 per year, this property has been rented to the same establishment for the last 10+ years and will continue to be with its 5 year lease (+5 Year Option) making this property a true low maintenance and hassle free investment. The current tenant manages all small/interior maintenance and the owner is responsible for structure/shell/exterior works.

Looking for something more? - This property is also accredited by many different health and well being institutions making it easy for the next owner to keep the property rented for the next 5-10 years and also plan for their own future project such as rehabilitation centre, home for women/children etc. (all zoning to be verified by the purchasers).

At 15x the revenue, this property makes for a truly interesting opportunity for those looking to invest into a great building, location and establishment!

Nearby School & Daycares:
-2 Elementary School Within 5km (Saint-Colette & Jean Nicolet)
-2 High schools Within 5km (Lester B. Pearson & Henri Bourassa)
-4 Daycares Within 5km Radius
-Cegep Marie-Vic

Nearby Services & Commodities
-3 Parks Within 5km
-Several Restaurants & Bars Within 10min
-5 Min Drive CLSC
-Marie Vic Sports Complex & Gym
-Highway 25/440/Pie-Ix Nearby
-Nearby All main Arteries
-Steps from Public Transport leading directly to metro
-ATM Train Station (Gare MTL NORD)
-Tigre Geant, KFC, Tim Hortons, Chac. Noel, Cafe's, Notaries, Banks, Bike Path & More