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Key Facts
Key facts for 77 Montreal Street
Property Type
Apartment, 2-Storey
Parking
Attached 1 garage, 11 parking
MLS #
X11889856
Size
5000 + sqft
Basement
Full,Unfinished
Listed on
2024-12-11
Lot size
126 x 101.73
Tax
$6,588 /yr
Days on Market
326
Approximate Age
100+
Maintenance Fee
-
Description
Investors take note! With approximately 10,800 sq. ft. of combined finished and development ready floorspace on all levels combined, the income potential here is palpable! Currently set up as a functional and legal 5-plex with strong income potential in its current, turn-key state, this property als...o features a number of unique development opportunities to expand your investment further well beyond current average CAP rates even after including further development costs! Each unit is large and spacious for their respective bedroom counts. There are two 1 bed units, two 2-beds, and a surprisingly large 4 bedroom unit! With extra, unused gas meter hubs, plenty of additional hydro meter slots, unfinished basement for development access or additional units, and plenty of parking space, a savvy investor will find plenty of opportunity waiting to be unlocked.
