Bedrooms 2

Bathrooms 1

Livable N/A

Year of construction 1971

5785 Boul. Milan
Brossard, QC J4Z - MLS # 18034384

$1,025,000

Property Details

Description

Magnificent real estate investment opportunity in Brossard! We're delighted to present this exceptional quintuplex on Boulevard Milan, offering an ideal location and features that make it a rare gem on the market. The building consists of five residential units, offering a variety of housing options to meet the diverse needs of tenants. The unit configuration includes two 4.5, two 5.5 and one spacious 6.5 apartments. Close to all services and with parking.

The strategic location on Boulevard Milan in Brossard
guarantees easy access to major amenities, public
transportation, quality schools and surrounding green
spaces. Residents will enjoy a pleasant and convenient
living environment.

The quintuplex generates a gross income of $54,900 ($63,900
with parking and locker), which leaves plenty of room for
optimization. 5plexes in Brossard are rare and this one
provides an investor with an opportunity for growth.

The parking and locker revenues are not exploited, offering
even more income options to a potential buyer.

Unit #2 spans two floors, making it ideal for an
owner-occupier. In addition, the building benefits from a
large backyard and generous size.

The building is equipped with natural gas and electricity.
Tenants pay their own heating and electricity costs, while
the landlord pays for hot water, supplied by gas.

For a buyer looking to take advantage of CMHC's Select APH
program for energy efficiency, converting hot water tanks
to electric could contribute significantly, if not
exclusively, to achieving the 40% increase in energy
efficiency required to earn the program's 100 points.
Reaching this threshold in the program could enable
favorable financing of up to 95% and amortization over 50
years, depending on if all the CMHC conditions and
requirements are met.

Tank conversion will not only bring advantageous financing
options, but will also contribute to reduced expenses,
increased profitability and a faster increase in building
value.

Converting from gas to electric will have no impact on
rents, as hot water costs are borne by the vendor. This is
solely a benefit for the landlord.

This property represents an exceptional opportunity for
investors looking to expand their real estate portfolio in
an in-demand sector. Don't miss the opportunity to acquire
this rare Brossard quintuplex, offering excellent potential
yields.



Contact us today to arrange a viewing and discover the full
potential of this exceptional real estate investment on
Boulevard Milan in Brossard.





BUILDING
Type Quintuplex
Style Semi-detached
Dimensions 12.19x15.86 M
Lot Size 711.5 MC
EXPENSES
Insurance $ 4138 / year
Energy cost $ 3485 / year
Municipal Taxes (2024) $ 5558 / year
School taxes (2024) $ 682 / year
ROOM DETAILS
Room Dimensions Level Flooring
Hallway 6.10 x 10.1 P Basement Floating floor
Dining room 8.11 x 9.5 P Ground Floor Ceramic tiles
Living room 12.6 x 10.1 P Basement Floating floor
Kitchen 9.5 x 8.11 P Ground Floor Ceramic tiles
Home office 5 x 17.7 P Basement Floating floor
Living room 10.2 x 16.9 P Ground Floor Parquetry
Dining room 8.1 x 8.11 P Basement Ceramic tiles
Primary bedroom 13.11 x 11.2 P Ground Floor Parquetry
Kitchen 9.6 x 8.10 P Basement Ceramic tiles
Bedroom 9.1 x 14.10 P Ground Floor Floating floor
Primary bedroom 13.6 x 10.8 P Basement Floating floor
Bedroom 11.3 x 11.6 P Ground Floor Floating floor
Bedroom 11.1 x 10.8 P Basement Floating floor
Bathroom 7.9 x 7.5 P Ground Floor Ceramic tiles
Bathroom 7.5 x 7.4 P Basement Ceramic tiles
Living room 12.8 x 17.7 P Basement Floating floor
CHARACTERISTICS
Heating system Electric baseboard units
Water supply Municipality, With water meter
Heating energy Electricity, Natural gas
Garage Double width or more, Fitted
Siding Brick
Proximity Highway, Hospital, Park - green area, Elementary school, High school, Public transport, University, Bicycle path, Daycare centre, Réseau Express Métropolitain (REM)
Parking Outdoor, Garage
Sewage system Municipal sewer
Window type Sliding
Topography Flat
Zoning Residential
Driveway Asphalt
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Get in touch

Roger Vassallo

(514) 700-5792 roger@votreequipe.com