Income property - For sale
$2,875,000 Côte Des Neiges/Notre Dame De Grâce
- Income property
Revenue property - 4500 Boul. Grand
Exceptionally well-maintained detached 13-unit apartment building in NDG offering 5 x 3 1/2, 7 x 4 1/2 and 1 x 5 1/2 apartments. Six units are renovated, and the apartments feature spacious & bright rooms. Adjacent to a park, near schools, and just minutes from Monkland Village, it is close to all amenities and public transportation. The building offers coin operated laundromat services, independent lockers, and indoor two-car parking. The tenants are stable and respectful. A fantastic investment opportunity not to be missed!
This exceptionally well-maintained 13-unit apartment building is ideally located on a rare corner lot in the highly sought-after NDG sector. Owned by the current seller for the past 23 years, the property reflects long-term stability and consistent upkeep.
The building comprises 5 x 3 1/2, 7 x 4 1/2, and 1 x 5 1/2 units, with six apartments having been renovated. A brand-new fire alarm system, including an eight-zone panel, complete wiring, and updated devices, has been recently installed throughout the property.
The units are spacious and filled with natural light, benefiting from stable and respectful tenants, with strong potential for future income optimization.
Supplementary revenues such as on-site laundry and interior parking have not been included in the current revenue summary. Laundry income is approximately $200/month, and the rental potential for the two interior garage spaces could reach up to $300/month, representing an additional potential income of approximately $6,000 annually.
Ideally situated adjacent to a park, within walking distance to schools, and just minutes from Monkland Village, the location offers excellent tenant appeal and sustained rental demand.
A rare investment opportunity not to be missed.
INCLUSIONS
13 fridges, 13 gas stoves, 1 washer, 1 dryer
EXCLUSIONS
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| For sale | |
| Type | Income property |
| Price | $2,875,000 |
| Reference | 12524466 |
| Year of construction | 1950 |
| Municipal tax | $15,866 / year |
| School tax | $2,011 / year |
| Gross annual income | $167,988 |
| Land | 7 086 sq |
| Sewage system | Municipal sewer |
| Water supply | Municipality |
| Foundation | Poured concrete |
| Heating energy |
Electricity Natural gas |
| Heating system |
Electric baseboard units Hot water |
| Parking | Garage |
| Driveway | Asphalt |
| Garage |
Fitted Heated |
| Distinctive features | Environmental study phase 1 |
| Proximity |
Bicycle path Daycare centre Elementary school Park - green area Public transport |
| Zoning | Residential |
| Building type | Detached |
| Building dimensions | 43.0 x 79.0 pi |
| Year | 2026 |
| Land evaluation | $895,300 |
| Building evaluation | $1,764,500 |
| Total | $2,659,800 |
| Municipal Taxes (2026) | $15,866 |
| School taxes (2025) | $2,011 |
| Total | $17,877 |