Splendid investment opportunity in Mcgill ghetto on Rue Aylmer, a very popular area with International students, 5 mins walk from Mcgill university and Metro Mcgill. It offers 4 units (two 5 1/2 and two 4 1/2) completely renovated by certified professionals (in 2017/18), having stable rental revenue of 148,332$/year.
22' X 55'7" Irregular
Unknown
2,890.11 SF
Aluminum
Stone
Aluminum , Stone
Elastomeric membrane
This building generates excellent income and represents an investment opportunity. In 2017-2018, the four apartments were completely renovated, and the room layout was modified to create a more pleasant living space. Some load-bearing walls were replaced with load-bearing beams to open up the spaces. The plans were drawn up by an architect and a building structural engineer.
The project was entrusted to a certified general contractor. Around $200,000 in renovations across the four units invested (supporting invoices available).
The roof was re-done (new) with a new elastomeric membrane (July 2021).
Large windows, plenty of light, renovated floors, bathrooms, and kitchens. The apartment was completely repainted in March 2018 during the renovations. The four kitchens were completed in July 2018 (all 4 units).
DECLARATIONS
** Floor plan and dimensions are approximate and for informational purposes only*
**Service agreement with 3rd party related to wifi/Internet service to tenants (including material rental and primary internet subscription) at $100/month. Contract ends 30 April 2027, non-cancellabe before term**
22' X 55'7" Irregular
Unknown
2,890.11 SF
Aluminum
Stone
Aluminum , Stone
Elastomeric membrane
22' X 79'9" Irregular
1,754.52 SF
Driveway : 2
Daycare centre , Metro , Bicycle path , Elementary school , High school , Public transportation , University
Residential
Electric baseboard units
Electricity
Municipality
Municipality
Furnished per Leases/To be discussed with the SELLER
Personal belongings of tenants. Red wardrobe and it's contents (seller tools), Telecom/network material belonging to seller
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RE/MAX PLATINE | 1850, rue Panama Bureau 110, Brossard, Québec, J4W 3C6
RE/MAX PLATINE | 1850, rue Panama Bureau 110, Brossard, Québec, J4W 3C6
Hello, my name is PUNEET VERMA INC., real estate broker. Contact me for more information.
Hello, my name is GRANT SPENCER VALLINIS, real estate broker. Contact me for more information.
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