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8714 Rue Dubuisson 4 Unit Apartment Building $1,099,000 CAD ($274,750 CAD/Unit) 5.04% Cap Rate Montréal, QC H1L 4X1

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INVESTMENT HIGHLIGHTS

  • Prime investment opportunity in Mercier’s growing neighborhood
  • Excellent location near major roadways and public transit for easy access
  • Option to convert part of the property into commercial space for added value
  • Corner-lot quadruplex with four spacious units over 1,000 sq. ft. each
  • Parks and green spaces nearby enhance community appeal

EXECUTIVE SUMMARY

Opportunité d'investissement idéalement situé dans le quartier en plein essor de Mercier. Situé sur un coin de rue, ce quadruplex possède 4 grands logements de plus de 1000 pieds carrés chacun. Immeuble totalement résidentiel, mais possibilité de reconvertir une partie en espace commercial.
Deux logements complètement rénovés et les quatre appartements sont loués à plein potentiel. Locataires stables;
Localisation stratégique sur un coin de rue près des axes routiers;
Transport en commun à quelques pas;
Location très facile;
Parcs et espaces verts à proximité;
L'immeuble n'a pas atteint encore son plein potentiel de revenus, donc très belle opportunité d'affaires.

FINANCIAL SUMMARY (ACTUAL - 2023)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $73,560 $17.25
Other Income - -
Vacancy Loss - -
Effective Gross Income $73,560 $17.25
Taxes $4,370 $1.02
Operating Expenses - -
Total Expenses $4,370 $1.02
Net Operating Income $69,190 $16.23

FINANCIAL SUMMARY (ACTUAL - 2023)

Gross Rental Income (CAD)
Annual $73,560
Annual Per SF $17.25
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $73,560
Annual Per SF $17.25
Taxes (CAD)
Annual $4,370
Annual Per SF $1.02
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $4,370
Annual Per SF $1.02
Net Operating Income (CAD)
Annual $69,190
Annual Per SF $16.23

PROPERTY FACTS

Price $1,099,000 CAD
Price Per Unit $274,750 CAD
Sale Type Investment
Cap Rate 5.04%
Gross Rent Multiplier 17
No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.06 AC
Building Size 4,264 SF
No. Stories 2
Year Built/Renovated 1910/2023
Parking Ratio 0.47/1,000 SF
Zoning C.3(2), H (Zone 0533) - Urbain mixed use and residential

AMENITIES

UNIT AMENITIES

  • Deck

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 2 - -
3+1 2 - -
Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 31151858

  • Date on Market: 2024-03-07

  • Last Updated:

  • Address: 8714 Rue Dubuisson, Montréal, QC H1L 4X1

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