Unique investment opportunity offering a large patrimonial home with a long standing tenant that manages most regular/small maintenance making this a property a great low maintenance, long term investment opportunity. With 72,000$ of yearly revenue and a property already registered/accredited with many health institutions this property is great for investors and those who already own and manage similar properties/businesses. 5 year lease + 5 year option to renew, Located in proximity to services and amenities with some room to grow the rent.
30'3" X 41'2" Irregular
1925
Aluminum , Wood
Sliding , Casement
Poured concrete
Brick
Asphalt shingles
Heated , Built-in , Single width
Ceramic , Parquetry , Carpet , Tiles
Wood
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
30'3" X 41'2" Irregular
1925
Aluminum , Wood
Sliding , Casement
Poured concrete
Brick
Asphalt shingles
Heated , Built-in , Single width
Ceramic , Parquetry , Carpet , Tiles
Wood
70'10" X 109'3" Irregular
5,196.82 SF
Landscaped
Sloped , Flat
View of the water
Asphalt
Driveway : 1 , Garage : 1
Highway , CEGEP , Daycare centre , Golf , Hospital , Metro , Park , Bicycle path , Elementary school , High school , Commuter train , Public transportation
Residential
Hot water , Electric baseboard units
Electricity
Municipality
Municipality
As per lease
As per lease
My name is GERLANDO BARONELLO, RE/MAX real estate broker. How may I help you?
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RE/MAX ALLIANCE | 3299 rue Beaubien Est, Montréal, Québec, H1X 1G4
Hello, my name is GERLANDO BARONELLO, real estate broker. Contact me for more information.
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