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Other · Montréal (Rosemont/La Petite-Patrie)

6966 31e Avenue, Montréal (Rosemont/La Petite-Patrie)

MLS: 26401589

$1,649,000

Estimated mortgage payments

Renovations: -1989 to 1991: Complete renovations by previous owners: doors, windows, electrical, plumbing, kitchens, bathrooms, heating, balconies, etc. -1995 to 2000: Repointing of the brick facade wall. Reconstruction of the upper section of the brick wall on the alley side (correction of a bulge). Renovation of the common entrance, floors, interior apartment doors, lighting, mailboxes, and intercom system. -2012: Replacement of the water and sewer lines up to the City's right-of-way. New roof. -2017: Replacement of exterior doors (10), balconies, and railings (10). -2019-2024: Renovation of apartment #4, kitchen, and bathroom.

Available area: 461.08 m²

Addendum

6-Unit Building -- Significant Potential for Optimization and Construction of 2 or 3 Additional Units Rare investment opportunity in Rosemont! This six (6) unit building, all 4½ type, offers excellent potential for income optimization. The property was 100% renovated in the early 1990s by the previous owner and has since benefited from rigorous maintenance, ongoing updates, and additional renovations, ensuring peace of mind for the investor. There is an interesting possibility of constructing 2 or 3 additional units with an additional 700 to 900 sq ft unit on the alley side, accessible from the 31st Street entrance. This represents exceptional growth potential in the medium and long term. The buyer must verify the necessary permits with the City of Montreal to ensure what is permitted. The units are bright, well-designed, and in high demand, promoting stable and long-term rentals. Prime location, close to services, transport, and amenities. This building is situated 650 meters from the future Mary Two Axe Early Metro station on the blue line. A solid, well-maintained building with enormous potential for added value--perfect for savvy investors looking to maximize their returns.

Building and interior

Construction year: 1957
Dimension: 47.6 m X 35.1 m
Cupboard: Melamine
Windows: Aluminum
Siding: Brick, Vinyl
Window type: Sliding
Roofing: Asphalt and gravel

Lot and exterior

Land area: 380.90 m²
Proximity: Highway, Cegep, Daycare centre, Golf, Park - green area, Bicycle path, Elementary school, High school, Public transport, University
Topography: Flat
Zoning: Residential

Other Characteristics

Heating system: Electric baseboard units
Water supply: Municipality
Heating energy: Electricity
Equipment available: Entry phone
Sewage system: Municipal sewer

Inclusions and exclusions

Inclusions: Backyard storage and its contents
Exclusions: Tenants' furniture and belongings

Financial details

Assessment

Building: 2026, $697,400
Land: 2026, $533,300
Municipal: 2026, $1,230,700

Expenses

Caretaking: $600 / year
Energy cost: $278 / year
Snow removal / Lawn mowing: $600 / year
Insurance: $4,501 / year
School taxes: 2025, $857 / year
Municipal Taxes: 2026, $7,287 / year

Selling brokers

Luc Piette

Montréal (Rosemont/La Petite-Patrie)

Calculate your mortgage

Down payment 10% | 0 $

Interest rate 5.49%

Amortization 25 years

Payment frequency

Mortgage estimate
Down payment

Property value 0 $

Down payment -0 $

Mortgage estimate 0 $CA

Estimated mortgage payments 0 $CA / mois

Transfer taxes* 0 $CA

*This amount is shown for informational purposes only. The transfer tax amount is based on the rates imposed by the municipality or the standard calculations generally in effect in Quebec. Consult your real estate broker for the exact amount.

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Other · Montréal (Rosemont/La Petite-Patrie)

Selling brokers

Luc Piette

Calculate your mortgage

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