$1,499,900

Quadruplex for sale - Montréal (Villeray/Saint-Michel/Parc-Extension) (Saint-Michel)

$1,499,900

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$1,499,900

Quadruplex for sale - Montréal (Villeray/Saint-Michel/Parc-Extension) (Saint-Michel)

$1,499,900

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7465 Rue D'Iberville, Montréal (Villeray/Saint-Michel/Parc-Extension) (Saint-Michel), H2E 2Y9

Please note that as of July1 2023 the revenue will be increasing. Unit#100 rent will be going up to $1550/month. Unit #200 will have a new tenant at the amount of $1725/month. Total revenue as of July 1 2023 is $6075/month or $72,900/year

  • Lot area: 2,293 SF
  • NUMBER OF ROOMS : 0
  • Year built : 2019
MATTHEW OLIVARES
Residential Real Estate Broker
Building details and property interior
Particularities plusParticularities minus

25' X 50'

2019

Poured concrete

Elastomeric membrane

Addenda
Particularities plusParticularities minus

Welcome to 7465 Rue D'Iberville,This beautiful 4-plex was built in 2019, showcasing exceptional craftsmanship and top-quality materials throughout. This exceptional property offers multiple features and benefits that make it an excellent investment opportunity.

The attention to detail is evident throughout the property, ensuring a luxurious living experience for both residents and future owners.

Comprised of four apartments, this property offers a versatile layout designed to accommodate different lifestyles. Two of the apartments feature 1 bedroom plus a mezzanine, providing a spacious and flexible living space. The remaining two apartments boast 2 bedrooms each, offering ample room for families or individuals seeking additional space.
One of the standout features of the two upper units is their exclusive rooftop private terraces. These private outdoor spaces allow residents to unwind, entertain, and enjoy breathtaking views of the surrounding neighborhood.

Situated in a prime location, this property enjoys the convenience of being near Metro Iberville, allowing for easy commuting and access to the city's extensive public transportation network. Additionally, its proximity to Highway 40 ensures quick and convenient travel by car,

7465 Rue D'Iberville, is strategically positioned just steps away from Rue Jean Talon, a bustling street known for its diverse array of shops, boutiques, and restaurants.

Investors will be pleased to know that this property generates substantial revenue, with current annual earnings of $70,800. Moreover, beginning July 1, 2023, the revenues will increase to $72,900, further enhancing its investment potential.

In summary, 7465 Rue D'Iberville presents a remarkable opportunity to own a well-constructed 4-plex in a sought-after Montreal neighborhood. Whether you're an investor seeking steady rental income or a homeowner looking to occupy one unit while earning from the others, 7465 Rue D'Iberville presents multiple possibilities..With its prime location, exquisite finishes, rooftop terraces, and strong revenue potential, this property is an excellent investment choice. Contact us today to schedule a viewing and explore the endless possibilities this property has to offer!

Building details and property interior
Particularities plusParticularities minus

25' X 50'

2019

Poured concrete

Elastomeric membrane

Lot and exterior features
Particularities plusParticularities minus

2,292.71 SF

Landscaped

Flat

Double width or more , Paving stone

Driveway : 2

Highway , CEGEP , Daycare centre , Hospital , Metro , Park , Bicycle path , Elementary school , High school , Public transportation

Residential

Characteristics
Particularities plusParticularities minus

Electric baseboard units

Electricity

Air exchange system , Alarm system , Wall-mounted heat pump

Municipality

Municipality

Included & Excluded
Particularities plusParticularities minus

Washer/dryer/fridge/stove/dishwasher unit #100. 6 wall mounted thermopompe. Unit #300 and #400 have 2 wall mounted thermopompes in their units. As of July 1st 2023 For unit #200 the new tenant will have the appliances included. Washer/dryer/Fridge/stove/dishwasher

All tenants personal belongings

Financial details
Particularities plusParticularities minus
Assessment (2023)
Taxes
  • (2023)
  • (2022)
Gross yearly revenu (potential)
7465 Rue D'Iberville, Montréal (Villeray/Saint-Michel/Parc-Extension) (Saint-Michel), H2E 2Y9
NEIGHBOURHOOD STATISTICS
  • Statistics Person living alone
  • Statistics Families with children
  • Statistics Families with no children
  • 24.1%
  • 21.0%
  • 11.7%
  • 18.2%
  • 25.0%
  • 4.3%
  • 7.9%
  • 29.4%
  • 54.9%
  • 3.4%
UnilingualFrenchUnilingualEnglishBilingual(fr/en)Other 0% 10% 20% 30% 40% 50% 60% 70% 80% 90%100%
  • Statistics Household
  • Statistics Individual
  • Statistics Owners
  • Statistics Renters
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MATTHEW OLIVARES
Residential Real Estate Broker

MORTGAGE PAYMENTS CALCULATOR

Financial details

Assessment (2023)
Taxes
  • (2023)
  • (2022)
Gross yearly revenu (potential)
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