7 bedrooms
5 bathrooms
Lot dimensions 1 763.13 ft² (163.8 m²)

Owners’ comments

Automated translation

FOR OWNER OCCUPANT

(An offer to purchase without an agent of $1,180,000 will be considered serious. You will thus save $50,000

in commission)


Our quintuplex has a 5 ½ on the sunny ground floor and a beautiful green backyard which are undeniable assets for an occupier.

It is located in a booming neighborhood, with numerous local services.
Its current annual income of $54,480 maximizes investment and renters are reliable and trouble-free.
The investment can thus be much more profitable than buying a condo.


The sale is made WITHOUT LEGAL WARRANTY.


Several renovations have been done over the years and the accommodations are in good condition.


The building is located near the Frontenac metro station and a parking space would be possible at the back.


FOR INVESTOR


The building consists of a 5 ½ and 4 x 3 ½ units rented slightly below the market price.
The cost of heating is borne by tenants and insurance and maintenance costs are low.
We do not offer a balance of sale and provide visitors upon presentation of a bank pre-authorization.
The new municipal assessment gives a value of more than $800,000 for the building

.

FOR REAL ESTATE AGENT


We decided not to charge a commission to help a potential homeowner who wanted to buy the building.
Therefore, we are not looking for an agent, but if your buyer has an agreement with you for the commission, we will obviously receive your offer with interest

.

Thus, an offer of $1,230,000 from an agent will be considered admissible.

Complete Description
Complete Description

Property features

Asking Price
$1,230,000
Details
With income
Year of construction
1900
General condition
Standard
Certificate of Location
Yes
Municipal evaluation's date
2022
Lot's municipal evaluation
$196,600
Building's municipal evaluation
$603,800
Taxes year
2023
1 Bedroom
4
3 Bedroom
1
Bedrooms (total)
7

External facing:

  • Brick

Frame:

  • Wooden part on part

Roof:

  • Gravel and asphalt

Complete list of property features

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$51.64
$619.72
Municipal taxes
$400.42
$4,805.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Annual income
$4,540.00
$54,480.00

The steps involved in buying a property

Could this property be “the one”? Here’s an overview of the steps involved in becoming the owner. These steps and the legal implications remain the same whether the property is purchased from an individual or through a broker.

1
Financing

One of the first things to do when looking for a property is to get a mortgage preapproval from a financial institution. The goal is to determine borrowing capacity, and as a result, the price range to be looking in.

2
Offer to purchase

The property suits the budget and needs? Time to submit an offer to purchase! This document sets out the price, the elements included in the sale, the possession date, the conditions of purchase and all other information relevant to the sale.

Need the form?

Documents to download

3
Conditions of purchase

The offer to purchase generally includes conditions. The most common are the property passing an inspection, the buyer providing proof of financing and the buyer selling their own property. Once the listed conditions are met, the property is considered sold.

4
Property transfer

The last step is to see a notary, who is generally chosen by the buyer. This real estate professional drafts the deed of sale and ensures that the interests of all parties involved are respected.

Once the deed of sale is notarized, the new owner gets the keys to the home. All that’s left is to move in!

More details on these steps

See our All about buying section.

$1,230,000

Quintuplex for sale

1633-1637, rue Poupart

Ville-Marie (Centre-Ville et Vieux-Montréal) Montréal / l'Île

No. 1018549

With income
Contact the owner

Are you a real estate agent?

NB: The owner requests that you not solicit them for the purpose of getting a listing agreement to sell their property. Thank you for respecting their choice to sell without an agent.

Contact the owner

Are you a real estate agent?

NB: The owner requests that you not solicit them for the purpose of getting a listing agreement to sell their property. Thank you for respecting their choice to sell without an agent.