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1487 Rue De Chambly
Montréal (Mercier, QC H1W3H5
$1,070,000
MLS#
10612565
Bathrooms:
1
Type:
Quadruplex
Livable Area:
0
Year Built:
1910
Bedrooms:
1
Lot Area:
272 MC
Residential Units
3 1/2 x 2 1/2 x 5 1/2 x 5 1/2
Potential gross revenue:
$40,800
Description

Discover this superb quadruplex nestled in one of the most sought-after neighborhoods. Lovingly maintained and recently renovated, featuring impressive nine-foot ceilings and fully rented units with reliable, long-term tenants, it's an excellent investment opportunity. Enjoy exceptional convenience with public transportation just steps away -- the Joliette metro station is only 1 km from your door -- and quick access to major highways and bridges. Ideal for young families and professionals, the area offers an abundance of amenities, including the Botanical Garden, Olympic Stadium.

Inclusions

Four 60-gallon water heaters

Exclusions

All tenants 'personal affairs

Municipal land valuation

$367,200

Municipal building valuation

$537,100

More information

Welcome to 1487--1493 Rue de Chambly -- a Remarkable Income Property Full of Potential!

Discover this strategically located quadruplex that will truly impress you with its space, character, and investment appeal. The building features a large 5½ on the ground floor with a basement, another spacious 5½ on the second floor, as well as a 3½ and a 2½ on the third floor. With impressive nine-foot ceilings, the interiors feel bright, airy, and open.

Every tenant enjoys autonomy, as each unit has its own electricity and heating meter. Washer and dryer connections are available in every unit, and each bedroom includes a generous closet. The property also offers convenient access from the backyard.

Prime Location & Exceptional Accessibility

Situated in a highly desirable area, this property offers outstanding connectivity. The Joliette metro station is just 1 km away, while several bus lines (29, 34, and 353) are in the corner. Young families, professionals, and students alike will appreciate the proximity to schools, daycare centers, public transit, and local amenities -- with Cégep Maisonneuve only 1.5 km away. Thanks to this strategic location, rental demand in the area remains consistently high.

Strong Investment Potential

Ongoing urban development continues to enhance the neighborhood's appeal, adding value and new amenities. The rental market here is thriving, and with regular upkeep, the total potential annual income could reach $69,300.

This property has benefited from several major renovations and updates over the years. In 2024, unit 1489 was completely repainted and equipped with a new refrigerator and stove. All windows and doors were repositioned, and the exterior stairs were reinforced -- a testament to the property's excellent maintenance and care.

Don't miss this exceptional opportunity to own a well-maintained, income-generating property in one of Montreal's most promising neighborhoods!

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Building
Type Quadruplex
Style Attached
Dimensions 55x24 P
Lot Size 272 MC
Expenses
Municipal Taxes (2025) $ 5867 / year
School taxes (2025) $ 711 / year
Characteristics
Basement 6 feet and over, Partially finished
Proximity Daycare centre, Elementary school, High school
Heating system Electric baseboard units
Heating energy Electricity
Sewage system Municipal sewer
Water supply Municipality
Zoning Residential
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Informations

Juan Fang
Juan Fang

Residential and Commercial Real Estate Broker

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