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390 9e Av 6 Unit Apartment Building $1,487,000 CAD ($247,833 CAD/Unit) Montréal, QC H8S 1Z8
Investment Highlights
- Six-unit residential building with extensive infrastructure upgrades completed.
- Water, sewer, and main plumbing systems have been substantially renewed.
- Electrical panels and service entrances have been updated for all six units.
Executive Summary
A 6-unit building offering rare peace of mind: virtually all mechanical systems have been redone. Electrical panels and service entrances updated (all 6 units), water and sewer lines replaced, main plumbing renewed (3/4" piping with shut-off valves per unit), sewer lines replaced up to the second floor, basement concrete floor redone with insulation membrane, French drain and two sump pumps installed, and roof and flashing replaced (2022). Rents are currently below market value-offering good growth potential. An ideal property for an investor seeking a hassle-free investment.
Property Facts
| Price | $1,487,000 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $247,833 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.08 AC |
| No. Units | 6 | Building Size | 5,000 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1958 |
| Price | $1,487,000 CAD |
| Price Per Unit | $247,833 CAD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.08 AC |
| Building Size | 5,000 SF |
| No. Stories | 3 |
| Year Built | 1958 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Smoke Free
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | - |
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
60/100
Very bikeable
80/100
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Presented by
ReMax Action Realty
390 9e Av
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