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

4965, Ch. de la Côte-St-Luc

$ 7,999,000

4965, Ch. de la Côte-St-Luc

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

bedroom(s) 2 bathroom(s) 1 bathroom(s) 4
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 #
#15748589
Property type
Building style
Detached
Construction year
1954
Land area
11,055.61 sq. ft.

Characteristics

Heating system
Electric baseboard units
Water supply
Municipality
Heating energy
Electricity
Equipment available
Wall-mounted air conditioning , Entry phone
Sewage system
Municipal sewer
Zoning
Residential

Dimensions

Front of the building
84.11 ft.
Depth of the building
57.10 ft.
Living area
14,940.30 sq. ft.
Front of the land
Depth of the land
Land area
11,055.61 sq. ft.

Room Dimensions

Rooms
4 rooms    |    2 bedroom(s)    |    1 bathroom(s)    |    0 washroom(s)
Unit 1 - Dwelling
Rooms not detailed
Unit 2 - Dwelling
Rooms not detailed
Unit 3 - Dwelling
Rooms not detailed
Unit 4 - Dwelling
Rooms not detailed
Unit 5 - Dwelling
Rooms not detailed
Unit 6 - Dwelling
Rooms not detailed
Unit 7 - Dwelling
Rooms not detailed
Unit 8 - Dwelling
Rooms not detailed
Unit 9 - Dwelling
Rooms not detailed
Unit 10 - Dwelling
Rooms not detailed
Unit 11 - Dwelling
Rooms not detailed
Unit 12 - Dwelling
Rooms not detailed
Unit 13 - Dwelling
Rooms not detailed
Unit 14 - Dwelling
Rooms not detailed
Unit 15 - Dwelling
Rooms not detailed
Unit 16 - Dwelling
Rooms not detailed
Unit 17 - Dwelling
Rooms not detailed
Unit 18 - Dwelling
Rooms not detailed
Unit 19 - Dwelling
Rooms not detailed
Unit 20 - Dwelling
Rooms not detailed
Unit 21 - Dwelling
Rooms not detailed
Unit 22 - Dwelling
Rooms not detailed
Unit 23 - Dwelling
Rooms not detailed

Inclusions

As stipulated in the leases, each unit includes, Hot water, refrigerator, stove, dishwasher, washer, dryer, microwave and wall-mounted air-conditioning unit.

Exclusions

As per the lease

Addenda

Welcome to 4965 Chemin de la Côte-Saint-Luc -- a rare opportunity to acquire a fully renovated, turnkey income property in a prime Montréal location.

This high-end residential building features 23 completely renovated units, including:

15 × 4½ apartments
8 × 3½ apartments

Each unit has been carefully upgraded with modern finishes and includes:

Refrigerator
Stove
Dishwasher
Washer and dryer
Wall-mounted air-conditioning unit

The extensive renovations include:

New windows
Fully renovated kitchens
Fully renovated bathrooms
New flooring throughout each unit
New interior doors
New wall-mounted air-conditioning units

The property offers tenants a comfortable and modern living environment while providing investors with a high-quality, stabilized asset requiring minimal additional work.

Ideally located in the heart of CDN, near Westmount and only minutes from downtown Montréal, the building offers convenient access to shops, services, public transportation and major roadways.

Residents also enjoy access to a rooftop terrace with impressive city views.

This is an exceptional opportunity to add a strategically located, income-producing property to your portfolio in one of Montréal's most sought-after neighbourhoods.

Financial Highlights

Annual net revenue: $365,609

A truly outstanding investment opportunity combining a prime location, extensive renovations and strong income performance.


Mortgage Information

Existing CMLS Mortgage to Be Assumed by the Buyer

Outstanding Balance: $6,196,000
Interest Rate: 4.04%
Maturity Date: September 1, 2032
Monthly Payment: $24,517

The buyer must assume the existing mortgage.

About this property

Welcome to 4965 Ch. de la Côte-Saint-Luc -- a true gem for your portfolio. This fully renovated, turnkey 23-unit income property features 15 x 4½ and 8 x 3½ apartments. Each unit includes a fridge, stove, dishwasher, washer/dryer and wall-mounted A/C. Renovations include new windows, kitchens, bathrooms, flooring, interior doors and A/C units. Prime CDN location near Westmount and downtown Montréal, with a rooftop terrace and impressive city views. A must-see property.

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

Financial details

Annual
Monthly
Municipal evaluation (2024)
Building
$ 4,736,100
Land
$ 1,027,100
Taxes
Municipal Taxes (2026)
$ 34,344 $ 2,862
School taxes (2026)
$ 4,375 $ 365
Expenses & Energy
Administration fees
$ 23,782 $ 1,982
Insurance
$ 14,694 $ 1,225
Caretaking
$ 8,400 $ 700
Maintenance / Repairment
$ 9,200 $ 767
Energy cost
$ 15,228 $ 1,269
Potential Gross Revenue
Residential
$ 475,632 $ 39,636

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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