Apartment - For sale 14955608
650 000 $
9001-9003 2e Avenue, H1Z2S7, Montréal (Villeray/Saint-Michel/Parc-Extension), Montréal, Canada
+13
All photos
1599.52 sqft
Living area
4
Rooms
2
Bedrooms
1
Bathroom
Description

Here is a profitable investment opportunity with 20% down payment (variable rate 3.50%, 30-year term). Monthly income of $3,240 -- mortgage $2,328 -- taxes $292 = $620/month profit. Offers good profitability with a Gross Income Multiplier (GIM) of 16.7. Conveniently located near all amenities. Several upgrades have been made over the years: 2014 -- water service line replaced by the previous owner; 2018 -- 3 hot water tanks, rear brickwork replaced, basement unit renovated, front and rear balconies replaced, 2 new electrical panels; 2023 -- new TPO roof, new garage drainage system, steel structural reinforcement to stabilize the foundation.

Unit occupancy:
9003 (2nd floor): $1160/month until Sep 30 2026; available Oct 01.
9001 (1st floor): $980/month until Jun 30 2027.
9001A (basement): $950/month until Sep 30 2026; available Oct 01.
Garage: rented month-to-month at $150/month; available with 30 days' notice.

INCLUSIONS
--

EXCLUSIONS
--

Information
General
Reference
14955608
Price
650 000 $
Number of floors
2
Rooms
Rooms
4
Bedrooms
2
Bathrooms
1
Areas
Living area
1 599,52 ft²
Land area
1 699,62 ft²
Finances
Property tax
3 151 $
Housing tax
357 $
Gross annual income
37 080 $
Municipal assessment
Assessment year 2026
Land $157,900
Building $396,000
Total $553,900
Taxes
Municipal Taxes (2026) $3,151
School taxes (2026) $357
Total $3,508
Composition
Space type Total number Vacant Area Description
Résidentielle (4½)
Résidentielle (4½)
Résidentielle (3½)
Autre 1 0
Additional features
Sewage system Municipal sewer
Water supply Municipality
Foundation Poured concrete
Roofing TPO membrane
Heating energy Electricity
Heating system Electric baseboard units
Basement 6 feet and over
Finished basement
Parking Garage
Outdoor
Driveway Asphalt
Garage Fitted
Single width
Proximity Bicycle path
Cegep
Daycare centre
Elementary school
Golf
High school
Highway
Hospital
Park - green area
Public transport
Réseau Express Métropolitain (REM)
Zoning Residential
Additional information
Building dimensions 25.0 x 31.1 pi
Land dimensions 25.0 x 68.0 pi
Occupancy delay 15 days
Photos
string-
string-
string-
string-
string-
+13
All photos
Location
9001-9003 2e Avenue, H1Z2S7, Montréal (Villeray/Saint-Michel/Parc-Extension), Montréal, Canada
Mortgage calculator

Enter the necessary information to calculate your mortgage amount and monthly payments:

$
25 000 $ 2 000 000 $
Show minimum down payments
Property price ≥ $1,000,000: minimum 20%

Single-family homes, condo, duplex
Property price ≤ $500,000: minimum 5
Property price > $500,000: minimum 10%

3-4 plex: minimum 10%
$
32 500.00 $ 650 000.00 $
Or
%
5 % 100 %
Show maximum terms
Down payment < 20%: maximum 25 years
Down payment > 20%: maximum 30 years
years
1 year 30 years
%
0 % 10 %
Mortgage amount
-
Monthly payments
-
website-197
Justine Malouf
514 994-3311
Contact me
Listed by a Clicconnect community member (Ricardo MEDEIROS - Ricardo Medeiros)
About cookies on justinemalouf.com
Welcome! This site uses cookies to measure site traffic in order to improve its operation and administration and, with your consent, to evaluate performance and improve your user experience. We keep your choice for 6 months.
More information: Privacy Policy. Cookie Policy.