$764,000

Investment For Sale In Bellerive, Montréal (Mercier/Hochelaga-Maisonneuve), Quebec

$764,000

Property Information:

Completely detached property built in 1960, located in the Mercier district, near Notre-Dame Street and Highway 25. * 577 (Ground floor, basement, and garage): Available immediately for the buyer. The ground floor includes two bedrooms and features a new heat pump installed in 2025. The basement is unfinished but offers great potential thanks to its ceiling height, separate rear entrance, and direct access to the garage. * 575 (Upper floor): 5 ½ (3 bedrooms) currently rented for $1,520 per month. * Roof: Replaced in 2025.

SERVICES AND TRANSPORTATION

* Location: A few minutes' walk from Promenade-Bellerive Park (waterfront) and the shops on Notre-Dame Street.

* Neighborhood Life: Grocery store (IGA), Jean Coutu pharmacy, bakeries, and restaurants all within a 10-minute walk.

* Public Transportation: Quick access to bus routes (26 or 185) leading to Honoré-Beaugrand metro station in approximately 15 minutes.

* Accessibility: Strategic proximity to Highway 25 and the Louis-Hippolyte-La Fontaine Tunnel.

LAND ACQUISITION POTENTIAL:

The current owner and previous owners have continuously and passively occupied an adjacent parcel of land (lot 5330916) since 1993. The buyer may, at their own expense, undertake the necessary legal procedures (acquisitive prescription) to formalize the acquisition of this lot and expand the outdoor area.

This strip of land allows the occupants to have parking spaces and a shed at the rear of the property.

The seller has a notary's legal opinion on this matter.

Inclusions: Ground floor (577): Refrigerator, dishwasher, washer/dryer, and oven. All are provided without warranty of operation. Second floor (575): Refrigerator, dishwasher, washer/dryer, and oven. All are provided without warranty of operation. All light fixtures, blinds, and curtains in both units.

Exclusions : Tenants personal belongings

Building Features:

  • Style: Duplex
  • Basement: 6 feet and more, Unfinished
  • Driveway: Asphalt
  • Foundation: Poured concrete
  • Garage: Attached, Heated, Single width
  • Occupancy: Single
  • Parking: Driveway, Garage
  • Proximity: Highway, Daycare centre, Metro, Bicycle path, Elementary school, Public transportation
  • Rented Equipment (monthly): Water heater
  • Roofing: Asphalt and gravel
  • Siding: Brick
  • Size: 8.38 x 12.21 METRE
  • Heating System: Forced air, Electric baseboard units
  • Heating Energy: Electricity
  • Water Supply: Municipality
  • Sewage System: Municipality

Potential Gross Revenue:

  • Residential: $39,840

Taxes:

  • Municipal Tax: $3,885
  • School Tax: $436
  • Annual Tax Amount: $4,321

Property Assessment:

  • Lot Assessment: $158,100
  • Building Assessment: $482,400
  • Total Assessment: $640,500

Property Features:

  • Bedrooms: 2
  • Bathrooms: 2
  • Built in: 1960
  • Floor Space (approx): 214.0 Square Metres
  • Irregular: Yes
  • Lot Depth: 22.86 Metre
  • Lot Frontage: 8.38 Metre
  • Lot Size: 191.60 Square Metres
  • Zoning: RESI
  • No. of Parking Spaces: 4

Rooms:

  • Living Ground Level 3.10 m x 4.32 m Flooring: Wood
  • Primary Bedroom Ground Level 2.74 m x 4.72 m Flooring: Wood
  • Bedroom Ground Level 3.81 m x 3.07 m Flooring: Wood
  • Bathroom Ground Level 3.02 m x 2.31 m Flooring: Ceramic
  • Dining Ground Level 3.00 m x 3.71 m Flooring: Wood
  • Kitchen Ground Level 3.89 m x 3.07 m Flooring: Ceramic
  • Primary Bedroom 2nd Level 4.90 m x 2.79 m Flooring: Wood
  • Bedroom 2nd Level 3.78 m x 3.10 m Flooring: Wood
  • Bedroom 2nd Level 3.81 m x 2.67 m Flooring: Wood
  • Kitchen 2nd Level 4.11 m x 3.94 m Flooring: Flexible floor coverings
  • Living 2nd Level 4.27 m x 4.34 m Flooring: Wood
  • Bathroom 2nd Level 2.24 m x 1.42 m Flooring: Ceramic
  • Laundry 2nd Level 1.57 m x 1.42 m Flooring: Ceramic

Revenue Units:

  • Pieces 4
  • Bedrooms 2
  • Baths 2
  • Pieces 5
  • Bedrooms 2
  • Baths 1

Courtesy of: Royal LePage Altitude

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.

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