Revenue property for sale, Montréal (Côte-des-Neiges/Notre-Dame-de-Grâce)

5200-5202, Av. Walkley

$ 3,850,000

5200-5202, Av. Walkley

Montréal (Côte-des-Neiges/Notre-Dame-de-Grâce)

Photo Marc Ezerzer

Marc Ezerzer

Residential and Commercial Real Estate Broker

514-772-0771

Photo Hagay Brener

Hagay Brener

Residential and Commercial Real Estate Broker

514-833-6452

Photo David Sebag

David Sebag

Residential and Commercial Real Estate Broker

514-839-5680

Centris #
#13982928
Property type
Building style
Semi-detached
Construction year
1950
Land area
930.40 m²

Characteristics

Driveway
Asphalt
Heating system
Electric baseboard units
Water supply
Municipality
Heating energy
Electricity
Proximity
Daycare centre , Park - green area, Elementary school, Public transport, University
Parking
Outdoor (5)
Sewage system
Municipal sewer
Zoning
Residential

Dimensions

Front of the building
Depth of the building
Living area
1,183.90 m²
Front of the land
Depth of the land
Land area
930.40 m²

Room Dimensions

Rooms
0 rooms    |    0 bedroom(s)    |    0 bathroom(s)    |    0 washroom(s)

Inclusions

As per leases

Exclusions

As per leases

Addenda

INCLUSIONS & RENOVATIONS

All residential units are equipped with appliances included in the leases, namely: twelve (12) refrigerators, twelve (12) stoves, twelve (12) dishwashers, twelve (12) washers, and twelve (12) dryers. The majority of the appliances are stainless steel.

The property has undergone extensive, high-quality renovations completed in or around 2022 across both buildings, including but not limited to the following improvements:

- New roof installed (2022) -- both buildings
- All windows replaced (2022) -- both buildings
- New balconies constructed (2022) -- both buildings
- Replacement of all exterior and interior doors (2022) -- both buildings
- New flooring installed throughout all units and common areas (2022) -- both buildings
- Complete interior renovations of all twelve (12) units
- Full plumbing upgrades (2022) -- both buildings
- Electrical systems upgraded (2022) -- both buildings
- Installation of new hot water tanks (all owned, not rented) both buildings

These comprehensive upgrades significantly enhance the overall quality, efficiency, and long-term value of the asset.

Turnkey investment opportunity -- meticulously maintained and ready for immediate operation.

About this property

Welcome to 5200--5202 Walkley -- prime location! 12-unit building comprised entirely of spacious 3-bedroom (5½) apartments, located in a highly sought-after area with strong rental demand. Close to schools, public transportation, and all essential services, making it an ideal investment opportunity. Tenants pay their own heating and electricity. Well maintained over the years. All visits are conditional upon an accepted offer. All offers must be accompanied by proof of funds and remain open for a minimum of 72 hours.

Sale with exclusion(s) of legal warranty - See listing broker(s).
Information request

Financial details

Annual
Monthly
Municipal evaluation (2024)
Building
$ 2,228,700
Land
$ 802,500
Taxes
Municipal Taxes (2026)
$ 17,973 $ 1,498
School taxes (2026)
$ 2,274 $ 190
Expenses & Energy
Insurance
$ 15,517 $ 1,293
Other
$ 2,257 $ 188
Energy cost
$ 3,359 $ 280
Maintenance / Repairment
$ 7,000 $ 583
Potential Gross Revenue
Residential
$ 261,120 $ 21,760
Parkings
$ 4,500 $ 375

Calculators

  • Monthly payment
  • Transfer tax
  • Purchasing power

Monthly instalments

 

**Price does not include CMHC insurance premium.

Transfer tax

 

** For reference only, for the exact amount, please confirm with the city or municipality.

Purchasing power

 

**Price does not include CMHC insurance premium.

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