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7044 Av Papineau

27 Unit Block of Flats £2,815,224 (£104,268/Unit) 4.01% Net Initial Yield Montréal, QC H2E 2G5

Investment Highlights

  • 27 units with diverse layouts
  • Recent updates and improvements
  • 170 meters from Fabre metro
  • 450 meters from Jean-Talon hospital

Executive Summary

This strategically located building in Rosemont features 27 units, including 17 x 3.5, 2 x 2.5, and 8 x 1.5 apartments, offering great rental potential. Situated between Jean-Talon Street and Bélanger Street, it is just 170 meters from the Fabre metro station and 450 meters from the Jean-Talon hospital, providing excellent access to public transport and amenities. The building has undergone significant recent updates and improvements. Heating and hot water are currently at the owner's expense. With 13 unused parking spaces and substantial potential for optimization, this property presents a lucrative opportunity for investors.

Property Facts

Price £2,815,224
Price Per Unit £104,268
Sale Type Investment
Net Initial Yield 4.01%
No. Units 27
Property Type Residential
Property Subtype Apartment
Apartment Style Mid Rise
Building Class C
Lot Size 0.10 AC
Building Size 13,308 SF
Number of Floors 4
Year Built 1966
Parking Ratio 0.98/1,000 SF

Unit Amenities

  • Balcony
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

Site Amenities

  • Controlled Access
  • Tenant Controlled HVAC
  • Recycling
  • Smoke Free
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
Studios 10 - -
1+1 17 - -
Walk Score ®
Walker's Paradise (94)
Transit Score ®
Excellent Transit (76)
Bike Score ®
Biker's Paradise (98)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 33993930

  • Date on Market: 25/11/2024

  • Last Updated:

  • Address: 7044 Av Papineau, Montréal, QC H2E 2G5

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