2527-2531 Chemin de la Côte-Ste-Catherine

$1,399,000.00

Description

Attention investors! Large triplex with the cachet Cote-des-Neiges, let yourself be charmed by the original woodwork, hardwood floors, spacious and bright bedrooms and high ceilings. 2 garages and 4 outdoor parking spaces, prime location on a street corner, HEC and UdeM campuses nearby, as well as 2 metro stations. One visit is all you’ll need!

Ideal opportunity for investors! Are you looking to invest in a highly sought after neighborhood? Featuring an impeccably maintained triplex with original woodwork, spacious rooms, high ceilings, 6 parking spaces and hardwood flooring throughout, these three units can easily be rented for top dollar! Within close proximity to major universities and schools, hospitals, public transportation, and within proximity of downtown Montreal and beautiful Mount-Royal!

Inclusions:

  • Light fixtures in all units
  • Curtains and rods (2527)
  • Appliances from 2527 (refrigerator, stove, washer, dryer)

Exclusions:

  • Appliances in unit 2531

This property offers:

  • Three units with separate addresses
  • Occupancy of the main floor and upper unit available to the new owner
  • 2 garages and 4 outdoor parking spaces
  • Renovated upper unit, with new kitchen and bathroom, sanded and varnished floors, beautiful crown moulding, and original woodwork

List of recent renovations:

  • Windows (2015-2016)
  • 3 new hot water tanks (2016)
  • New roof (2016)
  • Kitchen and bathroom in unit 2529 (2016)
  • Balconies and exterior stairs (2016)
  • New garage doors (2016)
  • Sound insulation between first and second floor units
  • Water main to the city was replaced in 2008

Within close proximity:

  • Two metro stations (Edouard-Montpetit and Université de Montréal)
  • Université de Montréal and HEC campuses
  • Collège Bréboeuf
  • Major hospitals: Jewish General, Ste-Justine Hospital
  • Collège Notre-Dame
  • Daycares and elementary schools
  • Grocery stores: Metro, Walmart, Maxi
  • Green spaces, bike paths, parks, Mount Royal

Potential Revenue:

  • 6 ½: $2,500/ Month
  • 5 ½: $2,000/ Month
  • 4 ½: $850/ Month
  • Yearly Potential Revenue: $64,200

Costs:

  • Municipal Taxes: $6,022
  • School Taxes: $1,291

One visit and you’ll be charmed, schedule your visit today!

Location

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