12801 Av. Chartrand, Montréal (Montréal-Nord), QC H7G

$1,649,900

3 Bedrooms
1 Bathrooms
1976
MLS: 26515668

Description

Excellent investment opportunity in Montreal! This well-maintained 8-plex offers peace of mind, with all units currently rented to good tenants. The building has benefited from rigorous maintenance over the years, ensuring stability and good performance. Located in a sought-after area, close to public transportation, services, and shops, it is an ideal choice for investors looking for a profitable and hassle-free building. Don't miss this opportunity!

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Addendum

Recent Renovations and Improvements:

Roof: Built-up roof with asphalt and gravel, redone in 2007
Windows and patio doors: Gradually replaced over the past 5
to 10 years
Asphalt paving: Approximately 10 years old
Electricity: Circuit breaker panels in each unit
Washer/Dryer: Hookups available in each unit
Ventilation: Fans installed in every bathroom
Thermostats: All electric thermostats have been replaced in
all units
Heating: Electric baseboards, heating costs are the
responsibility of the tenants

Seller's Declaration:

In 2024, a pipe burst occurred in the basement, causing
water infiltration that resulted in approximately 2 inches
of water in the kitchen area of the basement units.
A claim was filed with the insurance company. Repairs were
carried out by the owner with the assistance of a qualified
plumber. The work included:

Repairing the damaged pipe

Replacing the flooring

Insulation work

Repair or replacement of the kitchen cabinet bases

Repainting

All repairs have been completed, and the issue has been
fully resolved.

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BUILDING
Type
Style	Detached
Dimensions	14.1x15.27 M
Lot Size	593.7 MC

EXPENSES
Insurance	$ 8900 / year
Energy cost	$ 425 / year
Snow removal / Lawn mowing	$ 1000 / year
Municipal Taxes (2025)	$ 9484 / year
School taxes (2024)	$ 1043 / year

CHARACTERISTICS
Driveway	Asphalt
Roofing	Asphalt and gravel
Siding	Brick
Proximity	Daycare centre, Elementary school, High school, Highway, Public transport
Heating system	Electric baseboard units
Heating energy	Electricity
Landscaping	Fenced
Topography	Flat
Window type	French window, Sliding
Sewage system	Municipal sewer
Water supply	Municipality
Foundation	Poured concrete
Zoning	Residential
Rental appliances	Water heater
Cupboard	Wood

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This property is presented in collaboration with RE/MAX 2000