11356 Rue Ste Catherine E.
Montréal-Est, QC H1B
MLS: 22157070
$2,200,000
3
Bedrooms
1
Baths
0
Powder Rooms
1964
Year Built
Description
MONTRÉAL EST, Montreal | Income property fully optimized and entirely renovated with condo style apartments. This 7PLEX completely renovated in 2023 is a perfect opportunity for investors. The building offers 7 units (1x3.5, 4x5.5, 2x6.5) 1 vacant unit which is currently being renovated. With potential gross annual income of $147,720. CMHC MLI 100 points has already been achieved with a certificate in hand. Close to all amenities and accessible on foot or by public transit, this is your chance for areal estate investment in a constantly evolving and well-serviced area. For more information, contact us today!
The building has been completely renovated and refurbished.
-Semi-furnished (appliances: Fridge, oven, dishwasher,
washer, dryer)
CMHC MLI - 100 points achieved! This program allows buyers
to acquire a property with 5% down and on 50 years, thus
allowing for increased cash flow. Certain conditions apply
and its subject To CMHC approval.
All renovations were done in 2023 and 2024 - Plumbery fully
redone for 1 and 2 and partially for 7 and 5 + electricity
with spotlights for 1,2,4,5.
UNITS:
-- #1: 6 ½. Rented at $2,195/month.
-- #2: 6 ½. Rented at $2,195/month.
-- #3: 5 ½. Rented at $1200/month.
-- #4: 5 ½. Rented at $1895/month.
-- #5: 5 ½. Rented at $1795/month.
-- #6: 5 ½. Vacant & Currently being renovated. Rental
value of $1795/month.
-- #7: 3 ½. Rented at $1335/month.
| BUILDING | |
|---|---|
| Type | |
| Style | Semi-detached |
| Dimensions | 42x42 P |
| Lot Size | 473.8 MC |
| EXPENSES | |
|---|---|
| Insurance | $ 6974 / year |
| Municipal Taxes (2024) | $ 7327 / year |
| School taxes (2024) | $ 624 / year |
| ROOM DETAILS | |||
|---|---|---|---|
| Room | Dimensions | Level | Flooring |
| N/A | |||
| CHARACTERISTICS | |
|---|---|
| Water supply | Municipality |
| Proximity | Highway, Cegep, Hospital, Elementary school, High school, Public transport, Daycare centre |
| Sewage system | Municipal sewer |
| Zoning | Residential |
