12291 Boul. Lacordaire, Montréal (Montréal-Nord), QC H1G4L5 $1,379,000
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Description
Excellent investment opportunity! Six 4½ units generating $84,660/year, with strong potential for future income growth and optimization. Units 1 and 4 have been renovated; the others have been well maintained and updated over the years. All leases renewed until June 30, 2027. Elastomeric membrane roof redone in 2024. Built in 1971. Walk Score rates transit at 62/100, with several bus routes approximately 0.1 km away. Close to schools, parks, daycare, bike paths and highways.
Inclusions: 2 electric hot water tanks, 1 hot water tank powered by natural gas
Exclusions : Tenant's personal belongings.
| BUILDING | |
|---|---|
| Type | |
| Style | Semi-detached |
| Dimensions | 42x44 P |
| Lot Size | 5208 PC |
| EXPENSES | |
|---|---|
| Administration fees | $ 4233 / year |
| Insurance | $ 2905 / year |
| Energy cost | $ 2009 / year |
| Snow removal / Lawn mowing | $ 1400 / year |
| Municipal Taxes (2026) | $ 5344 / year |
| School taxes (2026) | $ 565 / year |
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ROOM DETAILS |
|||
|---|---|---|---|
| Room | Dimensions | Level | Flooring |
| N/A | |||
|
CHARACTERISTICS |
|
|---|---|
| Siding | Brick, Stone |
| Roofing | Elastomer membrane |
| Heating system | Electric baseboard units |
| Heating energy | Electricity |
| Sewage system | Municipal sewer |
| Water supply | Municipality |
| Foundation | Poured concrete |
| Zoning | Residential |
| Rental appliances | Water heater |