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1487 Rue De Chambly, Montréal (Mercier, QC H1W3H5    $1,070,000

Frontage

MLS: 10612565
1 1 1910

Description

Discover this superb quadruplex nestled in one of the most sought-after neighborhoods. Lovingly maintained and recently renovated, this property offers timeless charm with modern comforts. 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.


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 -- each
with a closed bedroom. 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!

Inclusions: Four 60-gallon water heaters


Exclusions : All tenants 'personal affairs

BUILDING
Type Quadruplex
Style Attached
Dimensions 55x24 P
Lot Size 272 MC
EXPENSES
Municipal Taxes (2025) $ 5867 / year
School taxes (2025) $ 711 / year
Room Dimensions Level Flooring
N/A
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