$5,750,000

Investment For Sale In Cartierville, Montréal (Ahuntsic-Cartierville), Quebec

$5,750,000

Property Information:

Building comprising 5x1½, 12x3½, 3x4½ and 2x5½ units, carefully maintained and located in Cartierville sector of Ahuntsic-Cartierville. Excellent investment opportunity thanks to its prime location, meticulous upkeep and strong long-term rental potential. An attractive and well-located property offering stability. Opportunity not to be missed! Exceptional investment property offering minimal down payment and a return on investment of nearly 7%. A recent appraisal report (2026) is available upon request, confirming a value of $5,759,000. Motivated seller.

Rare opportunity to acquire a 22-unit building located in the heart of the Cartierville area, on the iconic boulevard Gouin Ouest -- one of Montreal's oldest thoroughfares, renowned for its heritage character and unique riverside setting. Located at 6105 boulevard Gouin Ouest, this property benefits from a peaceful, tree-lined residential environment. The Ahuntsic-Cartierville area stands out for its tree-lined streets, vast green spaces, and low-density residential atmosphere.

Bordered by the Rivière des Prairies and surrounded by protected natural spaces (Bois-de-Saraguay nature park, Beauséjour and Bois-de-Liesse parks), this neighbourhood with its tree-lined streets and unique heritage character guarantees strong rental demand and a stable tenant base. Schools, daycares (including Collège Sainte-Marcelline), shops, and services are all within short distance.

Remarkable accessibility served by the STM and quickly connected to the REM, downtown, and highways 13, 15, and 40 -- a major asset for attracting and retaining tenants, and an important draw for investors.

A fully upgraded building. Recent renovations and major improvements (2021):

22 renovated kitchens and 22 renovated bathrooms with exterior ventilation
Conversion of the heating system from gas to electric
Fully replaced plumbing (supply lines and main stack)
22 electrical panels, breakers, and wiring replaced (100 amps)
22 new water heaters and installation of a laundry room
19 renovated apartments (floors, doors, walls, paint)
Replacement of 5 balcony doors, new main entrance door, and new garage door
Modernized common areas: corridors, light fixtures, intercom with electromagnetic locking, renovated main entrance
Overall condition: very well-maintained building, with all major components already renovated

*** See detailed list of work and renovations

Invest with confidence. This building is ready to perform from day one, in a sector where assets of this quality are hard to come by.

Inclusions: Any furniture and/or household appliances included in the leases, any appliance and equipment allowing the proper functioning of the building belonging to the seller

Exclusions : All personal effects of tenants as well as tools belonging to the concierge or the owner.

Building Features:

  • Common Walls: Semi-detached
  • Garage: Yes
  • Lot Features: Hospital
  • Parking Features: Built-in
  • Size: 14.25 x 22.9 METRE
  • Total Finished Area: 965.5
  • Utilities: Water Connected, Sewer Connected
  • Water Source: Municipality
  • Sewer: Municipality

Potential Gross Revenue:

  • Residential: $348,120
  • Parking: $5,400
  • Other: $4,500

Taxes:

  • Municipal Tax: $12,932
  • School Tax: $1,530
  • Annual Tax Amount: $14,462

Property Assessment:

  • Lot Assessment: $321,800
  • Building Assessment: $1,961,400
  • Total Assessment: $2,283,200

Property Features:

  • Built in: 1964
  • Floor Space (approx): 965.5 Square Metres
  • Lot Depth: 28.2 Metre
  • Lot Frontage: 14.25 Metre
  • Lot Size: 402.30 Square Metres
  • Zoning: Residential
  • No. of Parking Spaces: 1

Courtesy of: Royal LePage du Quartier

Data provided by: Centris - 600 Ch Du Golf, Ile -Des -Soeurs, Quebec H3E 1A8
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved.

Sold without legal warranty of quality, at the buyer's own risk.

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