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$1,235,000

4367 - 4369 Av. Draper, Montréal (Côte-des-Neiges/Notre-Dame-de-Grâce), QC, H4A 2P3

MLS® # 28409920

Property Information:

Discover this duplex at 4367-4369 Avenue Draper, located in one of Montreal's most desirable neighborhoods. Ideal for living in one unit and renting out the other, or as a rental investment. With bright spaces, spacious bedrooms, and a well-maintained yard, it offers high income potential and a strategic location close to amenities, schools, parks, and public transportation.The owner wishes to stay in his unit , and become a tenant in unit 4369.

Discover an outstanding investment opportunity in one of Montreal's most desirable neighborhoods. This duplex, located at 4367-4369 Avenue Draper, offers a blend of residential comfort and significant potential for rental income, making it an ideal choice for homeowners and investors alike.

This charming duplex is situated in a vibrant and sought-after area of Montreal, ideal for those looking to live in one unit and rent out the other or for investors seeking a reliable income-generating property.

**Upper Unit:**

The upper unit features a spacious layout creating a warm and inviting atmosphere. The living and dining areas are perfect for both everyday living and entertaining. The kitchen, equipped with ample counter space and storage, is a practical space for meal preparation. The bedrooms are generously sized, offering a comfortable and private retreat.

**Lower Unit:**

The lower unit mirrors the upper unit's charm and layout. It includes bright living spaces, a well-appointed kitchen, and comfortable bedrooms. With its separate entrance, this unit is ideal for generating rental income, helping to offset mortgage costs or providing steady cash flow for investors. **Possibility that tenant leaves before December 31, 2025, but not after. POTENTIAL RENTAL VALUE: $3,200

**Additional Features:**

- **Prime Location:** This duplex is located in a highly coveted area, close to public transportation, parks, schools, and essential amenities. The convenience of this location makes it an attractive option for tenants and homeowners alike.
- **Income Potential:** With two fully functional units, this property presents an excellent opportunity to generate rental income. The strong rental market in the area ensures a steady stream of potential tenants.
- **Investment Appeal:** Montreal's real estate market continues to grow, making this duplex a solid investment. The property's location in a thriving neighborhood enhances its long-term value.
- **Outdoor Space:** The property includes a well-maintained yard, offering outdoor space for relaxation or gardening. There is also potential to enhance the outdoor areas to increase the property's appeal.
- **Potential for Upgrades:** While the duplex is move-in ready, there is room for upgrades and renovations to further increase its value. Whether modernizing the interiors or enhancing curb appeal, the possibilities are extensive.

**Neighborhood Highlights:**

Located in a vibrant community known for its friendly atmosphere, this duplex is in a neighborhood popular with families, professionals, and students. The area offers easy access to downtown Montreal, major highways, and public transit, making commuting easy.

Residents will enjoy nearby parks and green spaces, cultural attractions, restaurants, cafes, and boutiques. The neighborhood is also served by reputable schools and healthcare facilities, making it ideal for families.

Inclusions: 1st floor : fridge, stove, washer and dryer

Exclusions : DNR fixture upper

Building Features:

  • Style: Duplex
  • Driveway: Unpaved
  • Garage: Double width or more
  • Parking: Garage
  • Size: 8.12 x 16.5 METRE
  • Water Supply: Municipality
  • Sewage System: Municipality

Potential Gross Revenue:

  • Residential: $65,400

Taxes:

  • Municipal Tax: $8,174
  • School Tax: $1,074
  • Annual Tax Amount: $9,248

Property Assessemnt:

  • Lot Assessment: $500,000
  • Building Assessment: $846,500
  • Total Assessment: $1,346,500

Property Features:

  • Bedrooms: 3
  • Bathrooms: 1
  • Built in: 1930
  • Lot Depth: 33.53 Metre
  • Lot Frontage: 9.75 Metre
  • Lot Size: 330.00 Square Metres
  • Zoning: RESI
  • No. of Parking Spaces: 2

Revenue Units:

Unit 1

  • Pieces 6
  • Bedrooms 3
  • Baths 1

Unit 2

  • Pieces 5
  • Bedrooms 2
  • Baths 1

Data provided by: Centris - 600 Ch Du Golf, Ile -Des -Soeurs, Quebec H3E 1A8
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved.

Location of 4367 - 4369 Av. Draper, Montréal (Côte-des-Neiges/Notre-Dame-de-Grâce), QC, H4A 2P3

Demographic Information of 4367 - 4369 Av. Draper, Montréal (Côte-des-Neiges/Notre-Dame-de-Grâce), QC, H4A 2P3

Life Stage

Midlife Families

Employment Type

White Collar

Average Household Income

$196,643.86

Average Number of Children

1.69

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

6.29 %

High school certificate or equivalent

14.78 %

Apprenticeship trade certificate/diploma

2.57 %

College/non-university certificate

14.65 %

University certificate (below bachelor)

5.85 %

University Degree

55.87 %

Commuter

Travel To Work

By Car

50.82 %

By Public Transit

23.84 %

By Walking

14.02 %

By Bicycle

4.9 %

By Other Methods

6.42 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

31.29 %

Houses

68.71 %

Own Vs. Rent