To know if a building is a good investment, experienced
investors will tell you that there are three criteria: 1)
location; 2) location, and 3) #LOCATION.

Although this statement is perfectly true, you have before
your eyes a five-unit building which not only enjoys an
exceptional location a few steps from one of the coolest
streets in the world*, but which also offers you much more.
What else can one look for in an investment? A
#PROFITABILITY, yes, a well #MAINTAINED building, yes. Here
you will have everything: Location+Profitability+Maintained.

#LOCATION: Verdun is no longer the well-kept secret of
Montrealers, because everyone is now an admirer of its
youth and dynamism. It's a family neighborhood where live
music mixes with the smell of freshly baked bagels. It's
where the sound of cheerful afternoon walkers heading for
the 'secret beach' is accompanied by the clink of al fresco
cocktails late into the evening on Wellington Street.
Basically, this is a neighborhood you may never want to
leave. To name just a few favorites in terms of local
shops: Archway, Komma Rosta Cafés-buvette, Pavillon Snack
Bar, Marigold Montréal, Restaurant Well, Cycles Campus
Verdun, Chez Robin Marché Local, Station W, Solios, ...
there are has so much to enjoy and discover.

#PROFITABILITY:
Buying an income property is also investing in its future
and the buyer will benefit from current income of just over
$70,000 per year, but also from potential income of $85,000
considering current rental prices for 2023. The buyer will
therefore be able to increase his profitability over the
years when new tenants come and go. The building being
divided into apartments of different sizes (3 1/2, 4 1/2
and 6 1/2) also makes it possible to address different
market segments at the same time, thus easily maintaining
an occupancy rate. 100% year round.

# MAINTAINED:
Adding a building to your real estate portfolio is
sometimes more work, especially during the first years
since it is not uncommon for them to be a little neglected
and need major work. But not this one! The current owners
have acquired it, lived in it and maintained it wonderfully
well over the years, so that the buyer is buying a building
without major deficiencies or major work to be planned in
the short term. To name a few: Balconies, stairs, windows,
roofs have been maintained and replaced over the past 5
years. Ask for the seller's declaration for complete
information.

So LOCATION+PROFITABILITY+MAINTAINED... This is a FIRST
CHOICE acquisition to add to your real estate portfolio.
Contact us, because such opportunities can fly away without
warning!

*Source: TimeOut and Mtlbolg