18 bedrooms
8 bathrooms
Lot dimensions 57.5x90 ft (17.53x27.43 m)

Owners’ comments

All apartments were renovated this year. New gas system high efficiency, apt 1 renovated and apt 2 ceramic bathroom floor (2014). Apt 3 all rooms on hardwood floor, kitchen and bathroom with ceramic floors, apt 5 all rooms painted, ceramic kitchen and bathroom floor and apt 6 painted and brand new hardwood floor 2019, apt 7 all rooms painted, sanded and varnished, ceramic kitchen floor, all apartments new thermostat 2020 apt 8 all room painted and renovated. New Roof November 2020

Annual Income 2023: 102,120.00$

New roof November 2020, new electrical panels 2021.

Located near, primary school, high school and cegep, shopping centres, daycares, clsc, train and bus.

Nice 8-plex revenue property. The apartments are two 4 ½, two 3 ½ and four 5 ½.

Mortgage has to be transferred at 3.91 %  by the date of February 25, 2021, otherwise no sale will be taken.

In 2022 every appartment were renovated.

Complete Description
Complete Description

Property features

Asking Price
$1,400,000
Style
Semi-detached
Details
Available now
Year of construction
1972
Building dimensions
46x45 ft (14.02x13.72 m)
General condition
Excellent
Certificate of Location
Yes
Courtyard orientation
North
Number of parkings
6
Municipal evaluation's date
2022
Building's municipal evaluation
$900,900
Taxes year
5812
Mortgage balance
$462,859.72
1 Bedroom
2
2 Bedroom
2
3 Bedroom
4
Bedrooms (total)
18

External facing:

  • Brick

Roof:

  • Gravel and asphalt

Floor coverings:

  • Hardwood
  • Ceramic

Windows:

  • Aluminium

Heating source:

  • Natural gas

Electric system:

  • Breakers panel

Bathroom:

  • Bath and shower
  • Ceramic Shower

Basement:

  • Totally finished

Upgrades:

  • Electrical
  • Windows
  • Floors
  • Plumbing
  • Bathrooms
  • Basement
  • Roof
  • Painting

Location:

  • Highway access
  • Near park
  • Residential area
  • Public transportation

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Restaurant
  • Shopping Center
  • Bar

Near Health Services:

  • Hospital
  • Dentist
  • Medical center
  • Health club / Spa

Near Educational Services:

  • Daycare
  • Kindergarten
  • Elementary school
  • High School
  • College

Near Recreational Service:

  • Gym
  • Sportif center
  • Library
  • Bicycle Path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Apartment 1
Storey: Main floor
Dimensions: 190' x 110' (57,91 m x 33,53 m)
Flooring: Hardwood

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$56.49
$677.90
Municipal taxes
$511.87
$6,142.46
Electricity
$29.17
$350.00
Heating
$657.60
$7,891.24
Insurance
$383.33
$4,600.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Annual income
$8,510.00
$102,120.00

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.

$1,400,000

6 units or more for sale

11978 avenue Matte

Montréal-Nord Montréal / l'Île

No. 850307

Available now
Contact the owner
Contact the owner