Follow us

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

Superb quadruplex located in a highly sought-after area. Well maintained with tremendous renovations. High ceilings (Nine-foot), fully rented with all stable tenants. Easy access the public transport, Metro station Joliette is just 1 km away, quick access to bridges and highways. Young families and professionals can benefit from the botanical garden, the Olympic Stadium, Ontario Promenade, and Maisonneuve Market.

Inclusions

Four 60-gallon water heaters

Exclusions

All tenants 'personal affairs

Municipal land valuation

$367,200

Municipal building valuation

$537,100

Information additionnelle

Welcome to 1487-1493 rue de Chambly, this strategically located income property will amaze you with surprise! This building consists of a large 5½ on the ground floor with a basement, another 5½ on the second floor, a 3½, and a 2½ on the third floor, each with a closed bedroom. The property can be accessed easily from the backyard. Each tenant is responsible for their heating and electricity. Each unit comes with washer-dryer facilities, and each bedroom has its own spacious closet.

Prime location features this exceptional easy connectivity. Metro Joliette just 1 Km away, and Bus Stops for lines 29, 34, and 353 within 210 meters. Young families, professionals, and students will benefit this easy access to schools, daycare, public transportation, and local amenities, Cegep Maisonneuve with only 1.5 km away, a chance to create a diversified rental market. With such a good location, rental demand is constantly high, ensuring a stable income for investors. Urban developments bring lots of Potential: Situated in such a thriving area, this building offers long-term potential. according to the real market estimates, with good maintenance, rent for unit 1487 could arise to $1100, unit 1489 $875, unit 1491 could arise to 1800, the largest unit 1493 could arise to be $2000, the potential rent can be raised to 69300 annually.

The building had gone many major renovations including insulation, plumbing, electricity, windows in the past, in 2024, the unit 1489 has been entirely painted, new fridge and new stove were installed, all the windows and doors had been repositioned, outside stairs of building had been reinforced.

You won't be disappointed with this property once you visit us. call us now for more information!

Mortgage Calculator
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, Finished basement
Proximity Daycare centre, Elementary school, High school
Heating system Electric baseboard units
Heating energy Electricity
Sewage system Municipal sewer
Water supply Municipality
Zoning Residential
Share property
Map

Loading maps...

Street View

Loading street view...

Informations

Juan Fang
Juan Fang

Residential and Commercial Real Estate Broker