- land435 m²
- roomN/A*
- bedroomN/A*
- AreaN/A*
- Construction1920
- ConditionN/A*
- ParkingN/A*
- bathroomN/A*
- Shower roomN/A*
- ExposureN/A*
- HeatingN/A*
- ToiletN/A*
- KitchenN/A*
HouseCôte-Des-Neiges—Notre-Dame-De-Grâce (Canada)Price : $1,389,100
INVESTMENT OPPORTUNITY
Exceptional investment opportunity in the highly sought-after NDG area! The 2131--2137 Old Orchard Avenue is a 7-unit property offering an ideal combination of current income and optimization potential. With 6 of the 7 units currently occupied, the building generates steady revenue while maintaining flexibility to reposition rents. Potential gross revenues are estimated at $105,180/year.
SIZE & RARITY
The property offers a living area of 6,420 sq. ft. (596.4 m²), excluding the basement, as per the assessment roll. This is an exceptional size for a 7-unit building, standing out clearly in the market and offering a competitive advantage in terms of value and rental potential.
INCOME POTENTIAL
The building presents several value-add opportunities for a savvy investor. In addition to current rents, two rear parking spaces can be rented to increase revenue. The presence of one vacant unit also provides the opportunity for renovation or strategic leasing to maximize overall profitability.
PRIME LOCATION -- NDG
Located in the desirable neighborhood of Notre-Dame-de-Grâce, the property benefits from a prime location close to all essential services: local shops, restaurants, grocery stores, schools, parks, and green spaces. Easy access to public transit ensures excellent connectivity to downtown and major roadways. The area is known for its strong rental demand and stability, making it a secure and long-term investment.
INVESTOR PROFILE
This property represents an ideal opportunity for an investor looking to acquire a well-located asset with strong income growth potential. Whether for a first multi-unit acquisition or to expand an existing portfolio, this 7-plex offers an attractive combination of stability, rarity, and upside.
A rare opportunity not to be missed in one of Montreal's most desirable neighborhoods!
INCLUSIONS
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EXCLUSIONS
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In detail
* : Information not provided by the advertiser
House Côte-Des-Neiges—Notre-Dame-De-Grâce (Canada)
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