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Other property - For sale
2 995 000 $
#17352526 - 1440-1442 Av. Overdale, H3G2H1, Montréal (Ville-Marie), Montréal, Canada
Description

Exceptional investment opportunity in the heart of downtown Montreal. This well-maintained 11-unit apartment building features 5 studios, 2 one-bedroom units, 3 two-bedroom units, and 1 three-bedroom unit. All units are fully furnished and generate immediate rental income. Ideally located steps from Concordia/McGill university, LaSalle and Dawson Colleges, Lucien-L'Allier Métro, and downtown amenities. Exceptional value-add potential with strong room to optimize income and maximize future returns in one of Montreal's most desirable rental markets.

Exceptional Investment Opportunity in the Heart of Downtown Montreal. Ideally located in one of Montreal's most sought-after rental markets, this well-maintained eleven-unit apartment building offers an outstanding opportunity for investors seeking stable income and long-term growth. The property features an excellent unit mix of five studio apartments, two one-bedroom units, three two-bedroom units, and one spacious three-bedroom unit. All units are furnished and provide immediate and reliable rental income. Perfectly situated just steps from Concordia University, McGill University, LaSalle and Dawson Colleges, Lucien-L'Allier Métro Station and services that downtown Montreal has to offer, this prime location continues to attract strong and consistent tenant demand. This property presents exceptional value add potential, with considerable opportunity to optimize rental income and maximize future returns. A rare opportunity to acquire an income-producing asset in one of Montreal's most desirable rental markets, offering both stable cash flow today and significant upside for the future.

INCLUSIONS
11 fridge, 11 stove, 1 washer & 1 dryer.

EXCLUSIONS
11 hot water tanks (hydro solution)

Information
General
Reference
17352526
Price
2 995 000 $
Number of floors
3
Areas
Land area
217,3 m²
Finances
Property tax
12 128 $
Housing tax
1 518 $
Gross annual income
149 820 $
Municipal assessment
Assessment year 2026
Land $555,600
Building $1,455,400
Total $2,011,000
Taxes
Municipal Taxes (2026) $12,128
School taxes (2026) $1,518
Total $13,646
Additional features
Sewage system Municipal sewer
Water supply Municipality
Heating energy Electricity
Heating system Electric baseboard units
Basement 6 feet and over
Available services Laundry room
Yard
Proximity Cegep
Hospital
Park - green area
Public transport
Réseau Express Métropolitain (REM)
University
Zoning Residential
Photos
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Location
1440-1442 Av. Overdale, H3G2H1, Montréal (Ville-Marie), Montréal, Canada
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website-125
Kristopher Derome-Low
514 962-3088
Contact me
Listed by a Clicconnect community member (Kirby LOW - Kirby Low)
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