$3,098,000

24 for sale - Montréal (Villeray/Saint-Michel/Parc-Extension) (Saint-Michel)

$3,098,000

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$3,098,000

24 for sale - Montréal (Villeray/Saint-Michel/Parc-Extension) (Saint-Michel)

$3,098,000

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3865 Rue Bélanger, Montréal (Villeray/Saint-Michel/Parc-Extension) (Saint-Michel), H1X 1B4

Detached income property of 24 apartments a few steps from the future PIE-IX metro station (Blue line project). 6 apartments 2 and 1/2 & 18 apartments 3 and 1/2. Several balconies in front or overlooking the alley. Very good location, close to all essential shops and services, several schools, Jean-Talon roads, Boulevard Pie IX and Highway 40. All units are rented until June 30, 2023 except one apartment which is vacant. Excellent profitability.

  • Lot area: 7,338 SF
  • NUMBER OF ROOMS : 0
  • Year built : 1955
ERIC GUILLOU
Certified real estate broker
Building details and property interior
Particularities plusParticularities minus

60' X 75'

1955

Brick

Elastomeric membrane

Addenda
Particularities plusParticularities minus

24 units just at the northern limit of Rosemont in St-Michel facing a park.

Location advantages:

- In front of Sainte-Bernadette Park
- Near Parc Étienne-Desmarteau (arena, playground, urban garden, etc.)
- A few steps from several shops and services on boulevard Jean-Talon and rue Bélanger
- Bus stop at the bottom of the building (139)
- SRB PIE IX Rapid Bus Service
- Future PIE IX metro station (Project to extend the blue line)
- Close to all essential services and shops
- Located a few blocks from the Le Boulevard shopping center

Important Notes / Premises Management:

- Washers & dryers are managed by the Coinamatic company ($92/month). The laundry room is located in the basement.

-Approximate income Washer dryer: $3600

- Contract in force with extermination company by prevention to check the premises every 2 months ($ 144 / 2 months)

-Fees of approximately $39 per month for intercoms

-Contract with alarm company for fire surveillance ($907/year)

- Electricity costs relate to apartment #13 (building concierge whose lease includes electricity) and common costs.


Repairs/Improvements:

- Decontaminated building at the northwest corner of rue Bélanger.

- Several windows have been changed over the years

- Roof redone in 2012 (10-year warranty) and 20-year warranty for the membrane by the manufacturer Soprema

- Piling work done in 2004

- Environmental rehabilitation work done in 2005

- All water heaters changed to 2016-2017

*** The visit of the building will be possible on accepted purchase offer only


Building details and property interior
Particularities plusParticularities minus

60' X 75'

1955

Brick

Elastomeric membrane

Lot and exterior features
Particularities plusParticularities minus

72' X 107' Irregular

7,338 SF

Flat

On park

Highway , CEGEP , Daycare centre , Metro , Park , Bicycle path , Elementary school , High school , Public transportation

Residential

Characteristics
Particularities plusParticularities minus

Electric baseboard units

Electricity

Laundry room , Fire detector , Intercom

Municipality

Municipality

Included & Excluded
Particularities plusParticularities minus

19 refrigerators, 19 stoves, 24 water heaters (changed approximately in 2016-2017 to be validated).

Personal effects of tenants

Financial details
Particularities plusParticularities minus
Assessment (2022)
Taxes
  • (2022)
  • (2022)
Gross yearly revenu (potential)
Annual Expenses
Energy
3865 Rue Bélanger, Montréal (Villeray/Saint-Michel/Parc-Extension) (Saint-Michel), H1X 1B4
NEIGHBOURHOOD STATISTICS
  • Statistics Person living alone
  • Statistics Families with children
  • Statistics Families with no children
  • 30.6%
  • 18.8%
  • 14.0%
  • 13.4%
  • 22.5%
  • 4.1%
  • 2.9%
  • 11.2%
  • 79.5%
  • 0.3%
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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ERIC GUILLOU
Certified real estate broker

MORTGAGE PAYMENTS CALCULATOR

Financial details

Assessment (2022)
Taxes
  • (2022)
  • (2022)
Gross yearly revenu (potential)
Annual Expenses
Energy
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