Loading...

4965 Ch. de la Côte St Luc, Montréal (Côte-des-Neiges, QC H3W2H5    $7,999,000

Exterior

Exterior

Exterior

Bathroom

Kitchen

Kitchen

Bedroom

Bedroom

Other

MLS: 15748589
2 1 1954 14940.3 PC

Description

Welcome to 4965 Ch. de la Côte-Saint-Luc -- a true gem for your portfolio. This fully renovated, turnkey 23-unit income property features 15 x 4½ and 8 x 3½ apartments. Each unit includes a fridge, stove, dishwasher, washer/dryer and wall-mounted A/C. Renovations include new windows, kitchens, bathrooms, flooring, interior doors and A/C units. Prime CDN location near Westmount and downtown Montréal, with a rooftop terrace and impressive city views. A must-see property.


Welcome to 4965 Chemin de la Côte-Saint-Luc -- a rare
opportunity to acquire a fully renovated, turnkey income
property in a prime Montréal location.

This high-end residential building features 23 completely
renovated units, including:

15 × 4½ apartments
8 × 3½ apartments

Each unit has been carefully upgraded with modern finishes
and includes:

Refrigerator
Stove
Dishwasher
Washer and dryer
Wall-mounted air-conditioning unit

The extensive renovations include:

New windows
Fully renovated kitchens
Fully renovated bathrooms
New flooring throughout each unit
New interior doors
New wall-mounted air-conditioning units

The property offers tenants a comfortable and modern living
environment while providing investors with a high-quality,
stabilized asset requiring minimal additional work.

Ideally located in the heart of CDN, near Westmount and
only minutes from downtown Montréal, the building offers
convenient access to shops, services, public transportation
and major roadways.

Residents also enjoy access to a rooftop terrace with
impressive city views.

This is an exceptional opportunity to add a strategically
located, income-producing property to your portfolio in one
of Montréal's most sought-after neighbourhoods.

Financial Highlights

Annual net revenue: $365,609

A truly outstanding investment opportunity combining a
prime location, extensive renovations and strong income
performance.


Mortgage Information

Existing CMLS Mortgage to Be Assumed by the Buyer

Outstanding Balance: $6,196,000
Interest Rate: 4.04%
Maturity Date: September 1, 2032
Monthly Payment: $24,517

The buyer must assume the existing mortgage.

Inclusions: As stipulated in the leases, each unit includes, Hot water, refrigerator, stove, dishwasher, washer, dryer, microwave and wall-mounted air-conditioning unit.


Exclusions : As per the lease

BUILDING
Type
Style Detached
Dimensions 57.1x84.11 P
Lot Size 11055.6 PC
EXPENSES
Administration fees $ 23782 / year
Insurance $ 14694 / year
Caretaking $ 8400 / year
Energy cost $ 15228 / year
Maintenance / Repairment $ 9200 / year
Municipal Taxes (2026) $ 34344 / year
School taxes (2026) $ 4375 / year
Room Dimensions Level Flooring
N/A
Heating system Electric baseboard units
Heating energy Electricity
Equipment available Entry phone, Wall-mounted air conditioning
Sewage system Municipal sewer
Water supply Municipality
Zoning Residential
This site is registered on wpml.org as a development site. Switch to a production site key to remove this banner.