Bedrooms 3

Bathrooms 1

Livable N/A

Year of construction 1964

11356 Rue Ste Catherine E.
Montréal-Est, QC H1B - MLS # 22157070

$2,200,000

Property Details

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
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