Revenue property
3845 Boul. St-Joseph E. H1X1X1 Montréal (Rosemont/La Petite-Patrie) Montréal Old Rosemont
$1,699,000 CAD
MLS: 20989356
Listing agents
Description
Well-maintained, all-brick, 8-unit income property offering excellent rental stability. Comprising four 4 ½ and four 3 ½ units, the apartments are bright, spacious, and functional, with front and rear balconies. Ample parking is available. Projected annual income of approximately $104,000 as of July 1, 2026, with significant potential for further optimization. No major expenses are anticipated. An ideal investment opportunity!
Overview
- Bedrooms
- 2
- Bathrooms
- 1 Bathroom
- Powder rooms
- 0
- Floors
- 3
- Rooms
- 4 Rooms
- Year built
- 1963
- Living area
- 4 114 pc
- Lot area
- 2 755 pc
- Building type
- Semi-detached
- Building dimensions
- 49 x 28 feet
14.94 x 8.53 meters - Lot dimensions
- 49 x 55 feet
14.94 x 16.76 meters
Addendum
Beautiful, well-maintained, all-brick, eight-unit income property offering an ideal opportunity for an investor seeking stability and peace of mind.
The building comprises four 4 ½-room units and four 3 ½-room units. The apartments are distinguished by their abundant natural light, generously sized rooms, and functional layouts. Each unit features a large living room with patio doors, a practical kitchen, spacious bedrooms, and front and rear balconies.
Several parking spaces are also available for tenants, a significant advantage in this area.
Current and projected rental income will reach approximately $104,000 annually as of July 1, 2026, including one currently vacant unit with excellent potential for further rental investment. Income can be significantly increased with optimized rental management.
Over the years, several significant improvements have been made, including:
- Building underpinned (2010)
- Aluminum windows and doors
- Elastomeric membrane roof (2006)
- 100A electrical service in all units (copper wiring)
- Electric heating with electronic thermostats, paid for by the tenants
- Copper water service and plumbing
- Submersible pump to be replaced in 2025
- Concrete rear balconies and fiberglass front balconies
A solid, well-maintained building with no major investments required in the short term. Simplified management thanks to tenant-paid expenses.
A rare opportunity to acquire a stable building with strong potential for revenue optimization!
Location: IDEALLY PERFECT
_ 20 minutes from the Montreal Botanical Garden
_ 6-minute walk from the Metro Plus St-Joseph grocery store
_ Close to major highways: Pie-IX Blvd., Route 138
_ Several bus stops nearby
Building details
- Basement
- 6 feet and over
Finished basement - Heating system
- Electric baseboard units
- Foundation
- Poured concrete
- Siding
- Brick
- Roofing
- Elastomer membrane
Lot details
- Driveway
- Asphalt
- Parking
- Outdoor
- Zoning
- Residential
Features
- Water supply
- Municipality
- Heating energy
- Electricity
- Distinctive features
- Environmental study phase 1
- Proximity
- Highway
Cegep
Daycare centre
Golf
Hospital
Park - green area
Bicycle path
Elementary school
High school
Public transport
University - Sewage system
- Municipal sewer
Unit rooms
| Unit | Level | Room | Dimensions | Flooring |
|---|---|---|---|---|
| LOGEMENT | 2nd floor | Hallway | 6x7 P | Wood |
| LOGEMENT | 2nd floor | Living room | 10x13.8 P | Wood |
| LOGEMENT | 2nd floor | Bedroom | 10x8.10 P | Wood |
| LOGEMENT | 2nd floor | Primary bedroom | 11.10x11.3 P | Wood |
| LOGEMENT | 2nd floor | Bathroom | 6.6x4.10 P | Wood |
| LOGEMENT | 2nd floor | Kitchen | 15.9x8.10 P | Linoleum |
| LOGEMENT | 3rd floor | Hallway | 6.1x8.3 P | Floating floor |
| LOGEMENT | 3rd floor | Bedroom | 10.5x10.8 P | Floating floor |
| LOGEMENT | 3rd floor | Bathroom | 6x6.5 P | Ceramic tiles |
| LOGEMENT | 3rd floor | Kitchen | 10x11.11 P | Floating floor |
Inclusions
8 water heaters.
Exclusions
Description not available.
Legal warranty
Sale with exclusion(s) of legal warranty – See listing broker(s)
Assessments, taxes and expenses
Municipal assessment 2026
- Land
- $460,800
- Building
- $598,000
- Total
- $1,058,800
Taxes and expenses
- Insurance
- $4,655
- Energy cost
- $221
- Municipal Taxes 2025
- $6,634
- School taxes 2025
- $805
- Total
- $12,315
Property photos
3845 Boul. St-Joseph E. H1X1X1 Montréal (Rosemont/La Petite-Patrie) Montréal Old Rosemont · MLS 20989356
