Information request
Appeler
Real estate broker
Zeina Khalil
Real estate broker
Royal LePage Humania Centre
Office : 450-682-2121

Quintuplex for sale, Montréal (Saint-Laurent)

$1,485,000
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Maison a vendre
MLS 25940478
Address
2695, 2699 Rue Ostiguy, Montréal (Saint-Laurent)
Description
Room(s) : 7 | Bedroom(s) : 3 | Bathroom(s) : 1 | Powder room(s) : 1
Location, location, location! Welcome to the exceptional five-plex offering two incredible opportunities for investors or savvy owner-occupiers. This property presents a rare opportunity in the current real estate market, with the potential to maximize your rental income or create your personal oasis. The main dwelling, spacious and elegant, provides an ideal space for owner-occupiers seeking comfort and convenience. You can move in immediately and enjoy the luxury of this space, or choose to rent it out at a highly competitive rate compared to local standards. Potential gross income: 96,600 $
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Characteristics

Property Type Quintuplex Year of construction 1974  
Type of building Semi-detached  Trade possible
Building dimensions Certificate of Location
Living Area      
Lot dimensions Deed of Sale Signature
Zoning Residential
Pool
Water supply Municipality Parking (total)
Driveway Double width or more, Asphalt
Roofing Garage Fitted, Double width or more, Heated
Siding Brick Lot
Windows Topography
Window Type Distinctive Features
Energy/Heating Electricity View
Basement Finished basement, 6 feet and over Proximity Public transport, High school, Réseau Express Métropolitain (REM), Elementary school, Park - green area, Hospital, Cegep, Highway, Other  
Bathroom Seperate shower  
Sewage system Municipal sewer Parking Garage, Outdoor
Heating system Electric baseboard units, Air circulation Rental appliances Water heater
Dimensions
Lot dimensions (Sq. ft.)
5,154.00 sq. ft.
Fees and taxes
School taxes :
$1,013 (2023)
Municipal Taxes :
$7,899 (2023)
Total
$8,912
Municipal evaluation
Year
2023
Lot
$432,300
Building
$873,700
Total
$1,306,000
Annual Gross Revenue (Potential)
Residential
$96,600
Total revenue
$96,600

Room dimensions

Room(s) : 7    |   Bedroom(s) : 3    |   Bathroom(s) : 1   |    Powder room(s) : 1
Room(s) LEVEL DIMENSIONS Type of flooring Additional information

Inclusions

Light fixtures, 2 garage door openers, 5 range hoods, 2022 electric hot water tank.

Addenda

The interior features of this main dwelling are designed to

meet modern needs, offering optimal living comfort.

Furthermore, another two-bedroom unit is also available,

giving you the flexibility to rent it out to a third party

or assign it to a family member. The potential rent for

this unit is very attractive, reflecting the high demand in

the current rental market. This allows you to enjoy maximum

return on your investment.

The strategic location of this property is a major asset.

It is conveniently situated near all essential amenities,

including public transportation, the subway station, and

bus stops. Additionally, Place Vertu shopping center,

restaurants, elementary and secondary schools, a library,

and quick highway access are easily accessible from this

prime location.

The units in this building stand out for their generous

space, impeccable cleanliness, and natural brightness. The

spacious and functional rooms are designed for modern

living without compromise.

In summary, this five-plex offers an annual income

potential of $94,680, a rare opportunity in the real estate

market. Whether you're an investor looking to maximize your

returns or an owner-occupier seeking a quality living

space, this property is a must-consider choice. Don't miss

this chance to achieve your real estate goals in an elegant

and convenient setting.

**The rule in real estate is simple: location, location,

location, and this five plex perfectly embodies this maxim

by providing an exceptional location that adds a dimension

of prestige.**

Improvements made over the years:

2003: Replacement of both garage doors.

2004: Balcony, stairs, railings, and paving.

2005: Asphalted garage driveways.

2005: Replacement of the oil tank.

2006: Replacement of wood floors on all balconies.

2006: Brick joints.

2010: Water infiltration in the ceiling of the bathroom in

the 5 1/2 on the 2nd floor, consequently, the building's

roof was replaced, as well as the bathroom ceiling.

2010: Complete renovation of the bathroom in the 5 1/2.

2010: In the 6 1/2: kitchen renovation, bathroom

renovation, floor sanding, interior door replacement,

basement wall insulation.

2010: Roof redone.

2011: Replacement of the water heater.

2013: Partial renovation of the bachelor's bathroom.

**Please note that hot water is included in the rents.**

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