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7340 Rue Cartier, Montréal (Villeray, QC H2E

$1,099,000

  • 2 Bedrooms
  • 1 Bathrooms
  • 1955
  • MLS: 10285921
Residential Units

4 1/2 x 3 1/2 x 3 1/2 x 3 1/2 x 3 1/2

Potential gross revenue

$58,080

Description

5-PLEX | TURNKEY Prime investment opportunity in the heart of Villeray! This fully updated 5-plex offers over $60,000 in annual gross revenue with excellent tenants and solid cash flow. All units are well-maintained, with recent renovations including kitchens, bathrooms, windows, and electrical. Located steps from public transit, schools, parks, and local amenities. A rare chance to acquire a clean, fully rented asset in one of Montreal's most desirable and walkable neighborhoods. Highlights: Turnkey condition -- updated throughout 58,000+ gross annual revenue Quality tenants and low maintenance Minutes to Fabre & Jarry metro

Excluded

Personal effects of the tenants

Municipal land valuation

$243,600

Municipal building valuation

$373,500

Addenda

Exceptional investment opportunity
Welcome to this quintuplex ideally located on Cartier
Street, between Jean-Talon and Everett, a stone's throw
from Fabre metro. This well-maintained and carefully
preserved property represents a rare opportunity on the
real estate market.

With three parking spaces accessible from the rear alley,
this quintuplex offers a valuable advantage in the heart of
Montreal. In addition to its enviable location, it's close
to all amenities: schools, shops, restaurants, parks and
public transport, making this property attractive to
tenants and investors alike.

This multi-family building generates a solid and steady
source of income, while offering potential for optimization
and increased profitability. Its strategic location and
impeccable condition make it a unique opportunity, perfect
for diversifying your real estate portfolio.

Don't miss your chance to visit this exceptional
quintuplex, a smart investment in the heart of a
sought-after Montreal neighborhood. One visit is enough to
convince you of all the potential it has to offer.

BUILDING
Type Quintuplex
Style Attached
Dimensions 11.97x7.62 M
Lot Size 203 MC
EXPENSES
Municipal Taxes (2024) $ 3988 / year
School taxes (2024) $ 495 / year
CHARACTERISTICS
Basement 6 feet and over, Finished basement
Driveway Asphalt
Roofing Asphalt and gravel
Proximity Bicycle path, Cegep, Daycare centre, Elementary school, High school, Highway, Hospital, Park - green area, Public transport, University
Siding Brick
Heating energy Electricity
Topography Flat
Heating system Hot water
Sewage system Municipal sewer
Water supply Municipality
Parking Outdoor
Foundation Poured concrete
Zoning Residential

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