Property for Sale in Côte-des-Neiges / Notre-Dame-de-Grâce

Great investment opportunity in an exceptional location with 14 spacious rental units right across University of Montreal, minutes from Ste-Justine Hospital, all services and amenities, and public transportation. Six indoor parking spots in the garage. This extremely well maintained building was renovated in recent years, and offers excellent gross and net revenues, with a 4% cap rate. The rotation of qualified tenants (students and faculty members) allows for the units to be leased at the maximum possible market value given the high demand.

Ideally located right across from University of Montreal, and walking distance to Université / Edouard Montpetit metro, fitness centers, parks, pharmacies, and a variety of restaurants and shops, this property boasts 14 revenue-generating units that have been recently renovated to maximize their value (renovated bathrooms, kitchen, and doors were done throughout the last 4 years).
Hardwood floors Intercom Laundry room Garbage chute 14 units located on 3 floors (4 units per floor, and 2 in the basement with high ceilings)
3 x 3 ½ 5 x 4 ½ 4 x 5 ½ 2 x 6 ½
Additional revenues from the laundry room and 6 parking spots for rent in the garage. An incredible opportunity for the savvy investor!
Declarations : - At the Sellers' request, prospective buyers have to provide a proof of funds or mortgage pre-approval letter prior to visiting the property. - Showings before accepted offer shall be limited to a maximum of 2 units. - Any promise to purchase must be open for 48 hours and be presented to the listing broker.