$1,095,000

Accomodation for sale - Montréal (Montréal-Nord)

$1,095,000

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$1,095,000

Accomodation for sale - Montréal (Montréal-Nord)

$1,095,000

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4800 Boul. Gouin E., Montréal (Montréal-Nord), H1G 1A2

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.

  • Lot area: 5,197 SF
  • NUMBER OF ROOMS : 0
  • Year built : 1925
GERLANDO BARONELLO
Real Estate Broker
Brokers tranquilit
Building details and property interior
Particularities plusParticularities minus

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

Addenda
Particularities plusParticularities minus

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

Building details and property interior
Particularities plusParticularities minus

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

Lot and exterior features
Particularities plusParticularities minus

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

Characteristics
Particularities plusParticularities minus

Hot water , Electric baseboard units

Electricity

Municipality

Municipality

Included & Excluded
Particularities plusParticularities minus

As per lease

As per lease

Financial details
Particularities plusParticularities minus
Assessment (2023)
Taxes
  • (2022)
  • (2022)
Gross yearly revenu (potential)
4800 Boul. Gouin E., Montréal (Montréal-Nord), H1G 1A2
NEIGHBOURHOOD STATISTICS
  • Statistics Person living alone
  • Statistics Families with children
  • Statistics Families with no children
  • 22.1%
  • 23.1%
  • 15.6%
  • 17.5%
  • 17.1%
  • 18.4%
  • 5.7%
  • 14.4%
  • 57.9%
  • 2.0%
UnilingualFrenchUnilingualEnglishBilingual(fr/en)Other 0% 10% 20% 30% 40% 50% 60% 70% 80% 90%100%
  • Statistics Household
  • Statistics Individual
  • Statistics Owners
  • Statistics Renters
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GERLANDO BARONELLO
Real Estate Broker
Brokers tranquilit

MORTGAGE PAYMENTS CALCULATOR

Financial details

Assessment (2023)
Taxes
  • (2022)
  • (2022)
Gross yearly revenu (potential)
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