Ideal Opportunity for First-Time Investors and Owner-Occupants! This 5-plex income property is a prime investment opportunity for first-time real estate investors and owner-occupants looking to generate passive income. Located in the high-demand Villeray neighborhood, this property offers stable rental income, strong appreciation potential, and an estimated gross rental revenue of $87,240 per year. The renovated ground-floor unit is perfect for an owner-occupant who wants to live in a modern, spacious 6 ½ unit while generating rental income, significantly reducing mortgage costs.
30' X 42'8"
1926
3,831.95 SF
Aluminum
Sliding
Brick
Asphalt and gravel
Wood , Ceramic , Linoleum
Wood
Why Is This the Perfect First Real Estate Investment?
Immediate cash flow: Potential gross rental revenue of $87,240 per year, ideal for positive cash flow generation.
Perfect for owner-occupants: Live in a fully renovated 6 ½ unit while reducing housing expenses with rental income.
Prime location: Situated in Villeray, one of Montréal's most sought-after neighborhoods, with a strong rental market.
Secure investment: A growing neighborhood with steadily increasing property values.
Easy accessibility: Walking distance to Jean-Talon Metro, essential services, grocery stores, schools, and restaurants.
Recent Renovations & Upgrades
Front balconies replaced in 2016
Entrance doors changed in 2013
Rear doors and windows replaced in 2020
Expansion and Growth Potential
Large basement with high ceilings, offering development potential to increase rental income.
Opportunity to optimize rental value with strategic upgrades.
With low risk, high rental demand, and an excellent return on investment, this Villeray income property is the ideal choice for first-time investors or an owner-occupant looking to build long-term wealth in real estate.
30' X 42'8"
1926
3,831.95 SF
Aluminum
Sliding
Brick
Asphalt and gravel
Wood , Ceramic , Linoleum
Wood
30' X 74'1"
2,221.67 SF
Concrete
Driveway : 1
Highway , CEGEP , Daycare centre , Hospital , Metro , Park , Bicycle path , Elementary school , High school , Commuter train , Public transportation , University
Residential
Electric baseboard units
Electricity
Municipality
Municipality
My name is SPYROS DOURAKIS, RE/MAX real estate broker. How may I help you?
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RE/MAX DU CARTIER | 1257 boul. Laird, Mont-Royal, Québec, H3P 2S9
Hello, my name is SPYROS DOURAKIS, real estate broker. Contact me for more information.
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