1 550 000$
7 for sale - Montréal (Mercier/Hochelaga-Maisonneuve)
1875 Rue Viau, Montréal (Mercier/Hochelaga-Maisonneuve), H1V 3H2
Hochelaga-Maisonneuve
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
Property features
3 Bedrooms 1 Bathrooms 0 WashroomInclusions & exclusions
Inclusions:
N.A.
Exclusions:
Biens des locataires
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.
Addenda
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.
Dimensions
12.21 M X 9.1 M
Construction year
1941
Foundation
Poured concrete
Siding
Brick
Building features
Dimensions
12.21 M X 9.1 M
Construction year
1941
Foundation
Poured concrete
Siding
Brick
Land area
277.3 SM
Proximity
Highway, Cegep, Daycare centre, Hospital, Bicycle path, Elementary school, Réseau Express Métropolitain (REM), High school, Public transport, University
Parking
Outdoor
Land features
Land area
277.3 SM
Proximity
Highway, Cegep, Daycare centre, Hospital, Bicycle path, Elementary school, Réseau Express Métropolitain (REM), High school, Public transport, University
Parking
Outdoor
Heating system
Electric baseboard units
Water supply
Municipality
Heating energy
Electricity
Sewage system
Municipal sewer
Zoning
Residential
Building features
Heating system
Electric baseboard units
Water supply
Municipality
Heating energy
Electricity
Sewage system
Municipal sewer
Zoning
Residential
Financial details
Municipal evaluation (2021)
Land evaluation
277 300 $
Building evaluation
626 800 $
Total
904 100 $
Taxes
Municipal ((2025))
6 169 $
Scolar (2024)
716 $
Total
6 885 $
Annual costs
Insurance
3 840 $
Others
1 310 $
Total
5 150 $
Energy costs
Total
4 868 $
Gross annual income (potential)
Residentials
102 084 $
Total
102 084 $
