Quintuplex
6601 - 6603, Av. du Parc, Rosemont/La Petite-Patrie (Montréal) H2V 4J1
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Description
Because You Deserve a Winner in your Real Estate Portfolio: Recently built 5X Plex in an up and coming area undergoing gentrification, right on the prestigious avenue du Parc. Semi-commercial building with 1 large commercial unit on the ground floor and 4 residential units on the upper floors, fully rented. Well maintained property with strong stable tenants and still room to improve revenue. An inciting gross income multiplier of 15.91! Surrounded by 6 metro stations, adjacent to the new Outremont area, walking distance to the new University of Montreal Campus and all the stores, restaurants, services & parcs in little Italy.
Addendum
- Rare on market, 5X Plex constructed in 2001
- Semi-commercial building class 4. GST & QST taxes will be applied to the commercial portion of the sale only, 12% as per the city.
- Large commercial space with independent entrance on Parc, powder room and a garage door, as well as exit in the back, Covered parking spaces under a big terrace.
- The ground floor commercial can be converted to a new residential unit, to be verified with the city.
- Under-market residential revenue. Potential for increase!
- An electricity meter is needed for the common washer/dryer.
- Sale without legal warranty of quality at the Buyer's risk and peril.
- Visit possible for the commercial space during business hours with an appointment. Visit for the residential units with an accepted offer.
Sale without legal warranty of quality, at the buyer's risk
Description sheet
Inclusions
Exclusions
Features
Potential Gross Revenue
Assessment, Taxes and Expenses
Photos - No. Centris® #12873813
6601 - 6603, Av. du Parc, Rosemont/La Petite-Patrie (Montréal) H2V 4J1
Exterior