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Revenue property in Le Sud-Ouest (Montréal) for sale: 9713347

$1,580,000.00
1980 Rue Cardinal, ,
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Exceptional location, just steps away from Jolicoeur subway station and the bus stop, and in close proximity to all amenities and services such as Angrignon Park, Angrignon Shopping Center, supermarkets, Walmart, schools, and restaurants. This detached building on both sides comprises 6 units, each with a large backyard and their own storage space. It presents a strong potential for rent increase. Numerous renovations have been carried out, including the roof, windows, electrical system, plumbing, kitchen, and bathroom upgrades.

Welcome to 1980 Cardinal. A 6-unit building Within walking distance to: Jolicoeur Metro Lachine Canal Angrignon Park Nearby amenities include: Public transportation Grocery stores Shops Parks Schools Daycares The buyer will have to assume the mortgage at the rate of 2.49% which expires July 01, 2026. Recent major renovations: Renovated kitchen and bathroom in 5 out of 6 units Intercom system with electronic key fob entry Internet system included in the rent for all tenants, each with their own network New doors and windows Masonry work done at the back of the building All hot water tanks replaced in 2021 Electrical panel replacement in 2009 (100 amps each) Replacement of main water inlet 100% copper plumbing in the building Roof replaced in 2006 The building is detached on both sides with a large backyard, providing tenants with their own vegetable garden or a tranquil space. There are 4 units with 2 bedrooms (4.5) There are 2 units with 1 bedroom (3.5) Each unit has retained its original charm with ceiling moldings, and all units benefit from wireless internet and indoor storage. All tenants in this building have undergone a credit check through Oligny and Thibodeau agency and they all respect one another. Unit #1: Includes refrigerator, stove, washer/dryer, coffee table, 4 chairs, sofa, nightstand, 6-drawer dresser, and 32-inch television. Rent: $1110/month (electricity is the responsibility of the landlord and internet is included). Tenant has been in the building since 2021. Unit #2: Includes refrigerator, stove, washer/dryer, coffee table, 2 chairs, sofa, nightstand, 6-drawer dresser. Rent: $1075/month (electricity is the responsibility of the tenant and internet is included). Tenant has been in the building since 2022. Unit #3: Includes refrigerator, stove, washer/dryer. Rent: $1046 (electricity is the responsibility of the tenant and internet is included). Tenant has been in the building since 2019. Unit #4: Rent: $818/month (electricity is the responsibility of the tenant). Tenant has been in the building since 2007. Unit #5: Includes refrigerator, stove, washer/dryer, and dishwasher. Rent: $1225/month (electricity is the responsibility of the tenant). Tenant has been in the building since 2022. Unit #6: Includes dishwasher and washer/dryer. Rent: $1260/month (electricity is the responsibility of the tenant and internet is included). Tenant has been in the building since 2019. Total gross annual income: $78,408.

Address:
1980 Rue Cardinal
State/County:
Zip Code:
H4E 1N5
Country:
Canada
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4 rooms
2 bedrooms
2 bathrooms
Property Lot Size:
4 131,22 ft2
Residential:
4 rooms, 2 bedrooms
Year Built:
1954
Guarantee:
Without any legal guarantees
Gross Yearly Revenu
$78,408.00
Heating system:
Electric baseboard units
Water supply:
Municipality
Heating energy:
Electricity
Sewage system:
Municipal sewer
Equipment available:
Entry phone
Proximity:
Highway, Daycare centre, Hospital, Park - green area, Bicycle path, Elementary school, High school, Public transport
Building details
Front: 9.80 Meters
Depth: 16.02 Meters
Land
Front: 15.50 Meters
Depth: 24.69 Meters
Area: 383.80 Square meters
Story
Pièce
Dimensions
Flooring
2nd floor
Kitchen
3.56x3.21 M
Wood
 
Bathroom
3.21x1.54 M
Ceramic tiles
 
Living room
3.49x3.36 M
Wood
 
Master bedroom
3.49x3.20 M
Wood
 
Bedroom
3.49x3.04 M
Wood
Living room
3.10x3.28 M
Wood
 
Master bedroom
3.27x3.09 M
Wood
 
Bathroom
1.46x1.96 M
Ceramic tiles
 
Kitchen
4.41x3.75 M
Wood
Municipal assessment
Year:
2023
Land:
$422,200.00
Building:
$630,500.00
Taxes
Municipal:
$6,165.00 (2023)
School:
$788.00 (2023)
Expenditure / Energy (annual)
Insurance:
$5,099.00
Energy:
$2,271.00
With revenue
walkscore91 / Walker's Paradise more details here
According to the leases

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    Stéphane Dahan

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