Noteworthy

Duplex

for sale

10850-10852 Av. Balzac

,

Montréal (Montréal-Nord)

$699 000

  • 18680733
  • 7.62m x 27.43m
  • 2250sq. ft.
Virtual Tour
About

Row duplex on Balzac Avenue in Montréal-Nord with three rented units: two large 5½ and a two-bedroom 4½ in the finished basement, each with its own electrical meter. Annual income of $39,600, with rents below those of the area: a real margin for an investor. Membrane roof redone in 2020, renovated bathrooms, two parking spaces at the back. Schools, parks, shops and buses nearby. Leases end June 30, 2027: an owner-occupant can still plan to move in next summer.

This property meets your interests?
  • This field is required
  • This field is required
  • This field is requiredThis email is not valid
  • This field is requiredThis phone is not valid
  • This field is required
Got it!
Your message has been sent successfully.
Sent failed.
While we're here

To ensure good communication between you and your broker,
it is important to regularly check your spam folder.

The first step would be to authorize emails from karina_perna@hotmail.com, cesar_balbin@hotmail.com.

To learn more about the configuration of antispam filters, click here.

Or call now

514-967-1299
Addendum

THE THREE UNITS - Ground floor: 5½, $1,220/month, one parking space. Ceramic floors, hardwood in the bedrooms, fully redone bathroom. - Upper floor: 5½, $1,030/month, one parking space. - Basement: large two-bedroom 4½, $1,050/month, bathroom with shower and powder room redone in 2025. Annual income of $39,600. All three leases end on June 30, 2027. Each unit has its own electrical meter.

THE BUILDING Row duplex built in 1960 on a 2,250 sq. ft. lot. White membrane roof redone in 2020. Electric heating. Fully finished basement. Connected to municipal water and sewer. Two parking spaces at the back.

THE POTENTIAL Current rents are below those of the area: the building offers real upside to an investor. With three units already separated, each on its own meter, the buyer may consider a regularization process with the Montréal-Nord borough, to

be validated with the City.

FOR AN OWNER-OCCUPANT The leases end on June 30, 2027. A buyer who becomes the owner before the end of December 2026 can send the repossession notice in time to move into one of the units on July 1, 2027.

THE AREA Residential, family-oriented part of Montréal-Nord, within walking distance of schools, parks, grocery stores and shops, with several bus lines nearby.

VISITS One visit at a time, with 24 hours' notice to the tenants, coordinated by the listing team.

Seller's declarations, certificate of location, leases and tax bills available on request. Sale without legal warranty of quality, at the buyer's own risk.

In addition
Taxes of $4 624
Municipal: $4 195
School: $429
Municipal evaluation $615 600
Land: $156 800
Building: $458 800
Net Incomes $34 976
Incomes: $39 600
Costs: $4 624
Building
7.62m x 27.43m
Built in 1960
Lot of 2250sq. ft.
25ft x 88.6ft
Incomes and Costs
Potential Revenue
$34 976
Potential Gross Revenue
Residential $39 600
Total $39 600
Costs
Municipal Taxes $4 195
School taxes $429
Total $4 624
Building and Interior
Heating system
Water supply
Heating energy
Foundation
Rental appliances
Basement
Sewage system
Lot and Exterior
Siding
Proximity
Parking
Roofing
Topography
More features
Zoning
Evaluation
Exclusions
Tenants' furniture and personal belongings.
Tools
Mortgage Calculator
$
%

Please note that the information provided by this mortgage calculator is not intended to be used for legal, accounting or tax advice, and should not be used for these purposes.

--
Presented by
César Balbin
Real Estate Broker
Myriam-Karina Perna
Real Estate Broker
Addenda

THE THREE UNITS - Ground floor: 5½, $1,220/month, one parking space. Ceramic floors, hardwood in the bedrooms, fully redone bathroom. - Upper floor: 5½, $1,030/month, one parking space. - Basement: large two-bedroom 4½, $1,050/month, bathroom with shower and powder room redone in 2025. Annual income of $39,600. All three leases end on June 30, 2027. Each unit has its own electrical meter.

THE BUILDING Row duplex built in 1960 on a 2,250 sq. ft. lot. White membrane roof redone in 2020. Electric heating. Fully finished basement. Connected to municipal water and sewer. Two parking spaces at the back.

THE POTENTIAL Current rents are below those of the area: the building offers real upside to an investor. With three units already separated, each on its own meter, the buyer may consider a regularization process with the Montréal-Nord borough, to

be validated with the City.

FOR AN OWNER-OCCUPANT The leases end on June 30, 2027. A buyer who becomes the owner before the end of December 2026 can send the repossession notice in time to move into one of the units on July 1, 2027.

THE AREA Residential, family-oriented part of Montréal-Nord, within walking distance of schools, parks, grocery stores and shops, with several bus lines nearby.

VISITS One visit at a time, with 24 hours' notice to the tenants, coordinated by the listing team.

Seller's declarations, certificate of location, leases and tax bills available on request. Sale without legal warranty of quality, at the buyer's own risk.

Share this page
About this site
Tools