Revenue property for sale, Montréal (Côte-des-Neiges/Notre-Dame-de-Grâce)
4965, Ch. de la Côte-St-Luc
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
As stipulated in the leases, each unit includes, Hot water, refrigerator, stove, dishwasher, washer, dryer, microwave and wall-mounted air-conditioning unit.
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