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Royal LePage Altitude

Royal LePage Altitude
Real estate broker

Cellular : 514-765-0909
Office : 514-765-0909
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Revenue property for sale, Montréal (Mercier/Hochelaga-Maisonneuve) |
$1,499,000

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Frontage
Frontage
1/26   Frontage
Kitchen
2/26   Kitchen
Hallway
3/26   Hallway
Overall View
4/26   Overall View
Living room
5/26   Living room
Living room
6/26   Living room
Bedroom
7/26   Bedroom
Bathroom
8/26   Bathroom
Backyard
9/26   Backyard
Other
10/26   Other
Overall View
11/26   Overall View
Dinette
12/26   Dinette
Kitchen
13/26   Kitchen
Bedroom
14/26   Bedroom
Bedroom
15/26   Bedroom
Bathroom
16/26   Bathroom
Other
17/26   Other
Bedroom
18/26   Bedroom
Living room
19/26   Living room
Bathroom
20/26   Bathroom
Living room
21/26   Living room
Overall View
22/26   Overall View
Kitchen
23/26   Kitchen
Kitchen
24/26   Kitchen
Backyard
25/26   Backyard
Frontage
26/26   Frontage

3684 - 3700, Rue Adam, Montréal (Mercier/Hochelaga-Maisonneuve)
Centris No. 15011171

Room(s)

4 Room(s)

Bedroom(s)

1 Bedroom(s)


Bathroom(s)

1 Bathroom(s)

This 9-unit building, located in the booming HOMA district on Adam Street, represents an exceptional opportunity for investors. With well-maintained units, significant updates such as electrical panel replacement and recent plumbing, as well as a large rear lot offering additional development potential, this building is ideal for those seeking stability and growth in their investment. Not to miss !

Detailed information

Characteristics

Sold without legal warranty of quality, at the buyer's own risks.
Property Type
Revenue property
Year of construction
1910
Type of building
Attached
Trade possible
Building dimensions
14.02 m x 14.08 m - irr
Living Area
Lot dimensions
14.02 m x 33.64 m
Deed of Sale Signature
Zoning
Residential
Pool
Water supply
Municipality
Parking (total)
Foundation
Stone
Driveway
Roofing
Elastomer membrane
Garage
Siding
Brick
Lot
Windows
Aluminum, Wood
Topography
Window Type
Hung, Crank handle, French window
Distinctive Features
Energy/Heating
Electricity
View
Basement
Crawl space
Proximity
Highway, Cegep, Daycare centre, Hospital, Park - green area, Bicycle path, Elementary school, High school, Cross-country skiing, Public transport
Bathroom
Cupboard
Wood, Melamine
Heating system
Electric baseboard units
Sewage system
Municipal sewer
Dimensions
Width of the building
14.02 m
Depth building
14.08 m
Lot frontage
14.02 m
Depth of field
33.64 m
Lot dimensions (Sq. ft.)
471.50 m²
Fees and taxes
Municipal Taxes :
$7,737 (2024)
School taxes :
$878 (2023)
Total
$8,615
Municipal evaluation
Year
2021
Lot
$565,800
Building
$652,700
Total
$1,218,500
Expenses / Energy (per year)
Insurance
$7,877
Annual Gross Revenue (Potential)
Residential
$93,180
Total revenue
$93,180
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Room dimensions

Room(s) : 4    |   Bedroom(s) : 1    |   Bathroom(s) : 1    |    Powder room(s) : 0

Room(s)
Level
Dimensions
Type of flooring
Additional information

Inclusions


9 water heater

Addenda


This 9-unit building located on Adam Street in the

burgeoning HOMA neighborhood offers an exceptional

opportunity for investors. With the same owner for over 35

years, it has benefited from consistent maintenance and

features attractive qualities for those seeking a stable

investment.

The units, all 4 1/2 with one closed bedroom, are

well-maintained and attract excellent tenants. The interior

layout varies slightly by floor, with different front rooms

such as corridors or stairs, while the rear rooms are

similar in all units.

The building has undergone significant updates, including

the replacement of multiple electrical panels and a

plumbing overhaul, with approximately 90% of the plumbing

changed throughout the structure. Additionally, the crawl

space is divided into 3 sections, with access hatches

located in the ground floor units.

At the rear of the property, a large courtyard offers

potential for future projects, such as the construction of

additional rental units, subject to municipal approval. The

rear shed requires a decision from the new owner regarding

its preservation, demolition, or renovation.

The all-brick construction of the building ensures

long-term durability, while the elastomeric roofing

provides additional weather protection. Overall, this

building represents a solid opportunity for an investor

looking to capitalize on the neighborhood's continued

growth and leverage its rental income potential.

Location: Ideally PERFECT!

Walk Score 95 and Bike Score 100

Nearby parks include Saint-Aloysius Park, Valois Passage,

and Edmond-Hamelin Park.

+ Close to SHOPS, EDUCATION/HEALTH/LEISURE services

+ Just a few minutes' walk from Maisonneuve Market

+ A short walk to the services and amenities of Ontario

Street (grocery, pharmacy, ATM, parks,

restaurants/cafes/bistros, trendy addresses, SAQ, CLSC,

etc.)

+ OTHER NEIGHBORHOOD ATTRACTIONS easily accessible:

Botanical Garden, Maisonneuve Park, Olympic Park, Saputo

Stadium, StarCité cinema, Pro-Gym, etc.

+ A 20-minute walk from JOLIETTE and PIE_IX METRO stations

+ Close to several BUS STATIONS

+ 2 pedals away from the BIKE PATH on VIAU

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