$799,000

Rooming house for sale - Montréal (Mercier/Hochelaga-Maisonneuve) (Hochelaga-Maisonneuve)

$799,000

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$799,000

Rooming house for sale - Montréal (Mercier/Hochelaga-Maisonneuve) (Hochelaga-Maisonneuve)

$799,000

Next Open House

1743 - 1747 Av. Bourbonnière, Montréal (Mercier/Hochelaga-Maisonneuve) (Hochelaga-Maisonneuve), H1W 3N5

9 times the income!! Excellent investment opportunity bringing positive income Rooming house including 14 rooms all rented giving you positive monthly income. This property can be converted only as a community or social organization. Are you parents of students and want to have a foothold for your children while having an income? This is possible with this type of establishment! 14 bedroom house that can stay as is while being profitable monthly $$$ or you can do your project there according to the regulations of the city of Montreal

  • Lot area: 1,327 SF
  • NUMBER OF ROOMS : 0
  • Year built : 1910
CATHERINE HOULE
Residential and Commercial Real Estate Broker
Brokers tranquilit
Building details and property interior
Particularities plusParticularities minus

24'7" X 45'11" Irregular

1910

8,934 SF

Aluminum , PVC

Sliding

Brick

Ceramic , Flexible floor coverings , Linoleum , Laminate floor , Tiles

Wood

Addenda
Particularities plusParticularities minus

9 times the income!! Excellent investment opportunity bringing positive income Rooming house including 14 rooms all rented giving you positive monthly income. This property can be converted only as a community or social organization. Are you parents of students and want to have a foothold for your children while having an income? This is possible with this type of establishment! 14 bedroom house that can stay as is while being profitable monthly $$$ or you can do your project there according to the regulations of the city of Montreal

Building in very good condition

Excellent opportunity to acquire a building offering positive monthly income!

GOOD LOCATION AND LOCATION - Booming sector
A few minutes walk from METRO JOLIETTE and PIE-IX, close to all services, public transport, Promenade Ontario, Place Valois, pharmacy, grocery store, bakery, restaurants, elementary and secondary schools, CÉGEP, parks and much more !

WALK SCORE 96

Currently a rooming house with stable tenants, very well maintained

Possibility of conversion into a boarding house, social and community housing with ease and verification with the City of Montreal

CEGEP MAISONNEUVE nearby - investment opportunity for a student house

Possibility of increasing rents and maximizing the potential of the laundry room currently not in operation

Each floor has a full bathroom

Very clean and well maintained building

Insurance costs can be reduced by up to 75% with a real estate or rooming house owner




TYPES OF POSSIBLE ORGANIZATIONS OR SERVICES:
Organizations and sector of intervention with students, young people, the elderly, families, neighborhood life, neighborhood table, food security, listening/help/referral:


Hostels
Psychosocial help
Help for people in difficulty, homelessness, social and professional reintegration
Educational help
Improved quality of life
Collective kitchen and community meals
Help budget, romantic relationships, computer
Support
Education
Help for families
Workshop
Schools
Accommodation
Temporary accommodation
personal growth
Reference Center
Arts and crafts
Back to school
Crossroads
Hostels
Hotlines
Help for seniors
food resource
School help
Big Brother / Big Sister
Listening, information and referral (parents and children)
child development
Parent/child relationship

And many others !

What is your project ? We can help you make it happen!

Building details and property interior
Particularities plusParticularities minus

24'7" X 45'11" Irregular

1910

8,934 SF

Aluminum , PVC

Sliding

Brick

Ceramic , Flexible floor coverings , Linoleum , Laminate floor , Tiles

Wood

Lot and exterior features
Particularities plusParticularities minus

25' X 60'9" Irregular

1,327.19 SF

Flat

Highway , CEGEP , Daycare centre , Golf , Hospital , Metro , Park , Bicycle path , Elementary school , Réseau Express Métropolitain (REM) , Cross-country skiing , Public transportation

Residential

Characteristics
Particularities plusParticularities minus

Electric baseboard units

Electricity

Laundry room , Inside storage

Municipality

Municipality

Included & Excluded
Particularities plusParticularities minus

Furniture included in the rooms: small refrigerator, small convection stove, bed frame, single mattress, kitchen table and chair, small desk, curtain, pole.

Tenants' personal effects and furniture

Financial details
Particularities plusParticularities minus
Assessment (2022)
Taxes
  • (2022)
  • (2023)
Gross yearly revenu (potential)
Annual Expenses
1743 - 1747 Av. Bourbonnière, Montréal (Mercier/Hochelaga-Maisonneuve) (Hochelaga-Maisonneuve), H1W 3N5
NEIGHBOURHOOD STATISTICS
  • Statistics Person living alone
  • Statistics Families with children
  • Statistics Families with no children
  • 26.7%
  • 18.0%
  • 14.3%
  • 18.0%
  • 22.0%
  • 0.4%
  • 0.4%
  • 3.2%
  • 91.8%
  • 4.0%
UnilingualFrenchUnilingualEnglishBilingual(fr/en)Other 0% 10% 20% 30% 40% 50% 60% 70% 80% 90%100%
  • Statistics Household
  • Statistics Individual
  • Statistics Owners
  • Statistics Renters
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CATHERINE HOULE
Residential and Commercial Real Estate Broker
Brokers tranquilit

MORTGAGE PAYMENTS CALCULATOR

Financial details

Assessment (2022)
Taxes
  • (2022)
  • (2023)
Gross yearly revenu (potential)
Annual Expenses
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