Multi-family (2 to 5 units)
2585-2589 Rue Desmarteau, Montréal (Mercier/Hochelaga-Maisonneuve)
Condominium triplex offering a gross annual income of $62,250. The property has been carefully renovated, providing bright and functional living spaces, including a basement with approximately 8-foot ceiling height. Located approximately 10 minutes from Honoré-Beaugrand metro station, near Parc Bellerive, services, and major roadways. A rare opportunity combining quality of life with excellent investment potential. Also suitable for an owner-occupant.
The property offered for sale is a condominium triplex generating a gross annual income of $62,250, offering an excellent opportunity for both an investor and an owner-occupant.Unit 2585 (ground floor) benefits from flexible occupancy, which allows an owner-occupant buyer to move in while maintaining attractive rental income.
General description:This property has undergone major renovations over the years, aimed at improving functionality, brightness, and the overall quality of the spaces. It is located in a sought-after area, approximately 10 minutes from Honoré-Beaugrand metro station, close to Parc Bellerive, services, schools, public transportation, and major roadways.
Building composition:2585 (Ground floor): Large 8½ unit, rented unheated, without electricity, including exclusive use of the basement.*Flexible occupancy for owner-occupant.2587 (2nd floor): 4½ unit, rented unheated, without electricity.2589: 3½ unit, rented unheated, without electricity, located at the rear end of the backyard (separate unit according to the declaration of co-ownership).
Highlights:Gross annual income: $62,250Basement with approximately 8-foot clear heightMajor renovations completedSought-after, quiet, and in-demand areaInteresting potential for an owner-occupant or investor
A visit is a must!
- Land evaluation
- 192 700 $
- Building evaluation
- 881 700 $
- Total
- 1 074 400 $
- Municipal Taxes (2025)
- 6 210 $
- School taxes (2025)
- 733 $
- Total
- 6 943 $