Prime investment opportunity in the heart of Hochelaga! Solid 7-unit building with two vacant apartments ready to re-rent or renovate for higher income. Strong structure: updated electrical (2020), plumbing in PEX, copper & ABS. Zoning allows up to 8 units (to be confirmed with the City). Some exterior work to plan, with quotes already available. Stable income, growth potential, and a location in high demand -- a smart, strategic investment for the long term. Visits upon accepted offer only
40'1" X 29'10" Irregular
1941
Poured concrete
Brick
Located in the heart of Hochelaga, this 7-unit building represents a solid and scalable investment opportunity for any investor or owner-occupant seeking a strategic asset with strong appreciation potential.
Key Highlights:
Stable income and immediate upside potential: Two units are currently vacant, offering the flexibility to re-rent or renovate to maximize rental income.
Unique flexibility: The large 5½ unit, subject to City approval, could be converted into two 3½ units, increasing the overall profitability of the property.
Sound infrastructure: Electrical entry redone in 2020, plumbing in PEX, copper, and ABS -- solid foundations ensuring peace of mind and long-term durability.
Favorable zoning: Municipal regulations allow for up to 8 units (to be verified with the City), providing a rare opportunity for expansion in a sought-after area.
Value-add potential: Balconies need refurbishment, and the front stone façade will require maintenance. A contractor's quote is already available, giving the next owner a clear plan to move forward.
A recent inspection report is available and will form an integral part of any offer, ensuring a transparent and well-documented transaction.
Hochelaga is a neighborhood in full transformation -- highly desirable for both tenants and investors due to its proximity to downtown, vibrant community life, and strong long-term growth outlook. With its solid structure and tangible potential, this property represents a strategic investment opportunity for those who recognize the value of a building ready to be elevated to its next stage.
Visits will only be possible upon an accepted offer to purchase.
40'1" X 29'10" Irregular
1941
Poured concrete
Brick
2,984.83 SF
Driveway : 2
Highway , CEGEP , Daycare centre , Hospital , Metro , Bicycle path , Elementary school , Réseau Express Métropolitain (REM) , High school , Public transportation , University
Residential
Electric baseboard units
Electricity
Municipality
Municipality
Not specified
Biens des locataires
My name is MARTINE CHAREST MAHADÉO INC., RE/MAX real estate broker. How may I help you?
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