Located in the sought-after LaFontaine area! This detached quadruplex features four large 1-bedroom apartments (3½), generating gross revenues of $3,595 per month ($43,140 per year). Utility costs are paid by the tenants, optimizing management and reducing expenses. The neighbouring property can be acquired jointly for a total of 8 units. A profitable and stable property in a prime location!
Current residential income of $3,595/month, or $43,140/year.
Just steps away from elementary and high schools, and Académie LaFontaine.
Quick access to Route 117 and Highway 15.
Close to all services, shops, parks, and the bike path.
Hot water tanks replaced (approx. 2023–2024).
Fiberglass balconies and aluminum railings (approx. 2020–2021).
Parking lot asphalt (approx. 10 years old).
Roofing (approx. 10 years old).
Sale without legal warranty of quality, at the buyer's own risk and peril. Visits subject to an accepted offer to purchase. The property can be acquired with the neighboring building (740-746 112th Avenue). Shared driveway entrance between both properties. Pictures are a representation of units in both buildings (740-746 112th and 748-754 112th Avenue).
| Cadastral number | 4033790 |
| Total Municipal Assessment | $ 635 100 |
| Municipal Land Assessment | $ 145 400 |
| Municipal Building Assessment | $ 489 700 |
| Type of Construction | Brick & Wood |
| Year of Construction | 2001 |
| Fire System | Smoke detectors |
| Type of Parking | Exterior |
| Number of Parking Spaces | 4 |
| Land Surface Area | 7 224 sq. ft. |
| Laundry Room | N/A |
| Number of Rooms | To be verified |
| Number of Units | 4 x 3.5 |
| Washer/Dryer Inlet | In each unit |
| Appliance Responsibility | Tenants |
| Heating Responsibility | Tenants |
| Hot Water Responsibility | Tenants |
| Fenced | No |
| Internet and Telecom | Yes |
| Plumbing | Copper & ABS |
| Condition of Roof | Asphalt shingles - 2016 |
| Condition of Doors | Good |
| Condition of Balconies | Fiber Glass and aluminum ramps |
| Concierge Agreement | N/A |
| Intercom and Doorbell | Yes |
| Heating System | Electric baseboards |
| Hot Water System | Independant water tank in each unit |
| Condition of Windows | PVC Windows |
| Condition of Kitchens | Good condition |
| Electrical Panels | Circuit breakers |
| Exterior Siding | Aggregate / stucco facade with vinyl siding on the side walls |
| Condition of Bathrooms | Good condition |
| Environmental Report | N/A |
| Floor Covering | Bathroom ceramic tile and vinyl flooring |
| Unit | Sq. Ft. | Rooms | Bedrooms | Bathroom | Monthly Rent | Lease Expiration | Washer and Dryer Entry |
|---|---|---|---|---|---|---|---|
| 748 | 3 | 1 | 1 | 1 075 $ | June 2027 | Oui | |
| 750 | 3 | 1 | 1 | 735 $ | June 2027 | Oui | |
| 752 | 3 | 1 | 1 | 715 $ | June 2027 | Oui | |
| 754 | 3 | 1 | 1 | 1 070 $ | June 2027 | Oui |
| Unit | 748 |
|---|---|
| Sq. Ft. | |
| Rooms | 3 |
| Bedrooms | 1 |
| Bathroom | 1 |
| Monthly Rent | 1 075 $ |
| Lease Expiration | June 2027 |
| Washer and Dryer Entry | Oui |
| Current Amount | Adjusted Amount | % Adjustment | |
|---|---|---|---|
| Total Revenue | / month | ||
| Annual Total Revenue | / year |
| Current Amount | Adjusted Amount | % Adjustment | |
|---|---|---|---|
| Total Expenses | / month | / month | 0 % |
| Annual Total Expenses | / year | / year | |
| Net Revenue | / month | / year | 0 % |
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