Revenue property for sale - Montréal (Verdun/Île-des-Sœurs)$1,225,000
$1,225,000
Listing brokers : Emmanuelle Beaudet - Engel & Völkers ● Yannick Ménard - Engel & Völkers ● # 16202834
5
427.6 mc
1920
Description
Exceptional investment opportunity! Five-unit building to be demolished, ideally located in one of Verdun's most sought-after areas, just steps from Wellington Street, the metro, trendy cafés and restaurants, shops, and the Saint-Lawrence River. The property is sold with a complete set of professional documents: architectural plans, site plan, approved demolition permit, and fully paid building permit. A turnkey project ready to launch this spring. The existing structure is in very poor condition and not habitable without major work, offering a rare chance to develop a new residential project in a high-demand, strategic location.
Details
- Water supply
- Municipality
- Proximity
- Other (Wellington Street, Trendy restaurants/cafés, River)
- Highway
- Daycare centre
- Hospital
- Park - green area
- Bicycle path
- Elementary school
- High school
- Public transport
- Sewage system
- Municipal sewer
- Zoning
- Residential
- Land surface area
- 427.6 mc
- Name of body of water
- Fleuve St-Laurent
- Near
- Wellington
- Construction year
- 1920
- Total number of units
- 5
- Building Type
- Attached
- Total number of units
- 5
Assessments
- Building assessment
- $531,900
- Evaluation of land
- $577,300
- Assessment year
- 2025
- Reference date (potential revenue)
- 2025/11/18
- Legal warranty
- Sale with exclusion(s) of legal warranty - See listing broker(s)
- Potential gross revenue (residential)
- $12
Expenses
- Municipal Taxes - General spend
- Year:2025
- Amount:$7,153
- Frequency:Yearly
- School taxes - General spend
- Year:2025
- Amount:$913
- Frequency:Yearly
Addenda
This sale is made without any legal warranty of quality, at the buyer's risk and peril. The buyer acknowledges that they are acquiring the property in its current condition (as is), without any representation, promise, or warranty, whether implicit or explicit, from the seller.
The seller shall provide the following documents upon request:
- the architectural plans for a reconstruction project
- the site plan
- the duly approved demolition permit
- the paid construction permit
These documents are provided for informational purposes only and without any warranty of future compliance. Any modification or update required by the municipality shall be the responsibility of the buyer.
The property is sold for demolition. The current structure is in very poor condition and not habitable without major work. The buyer acknowledges being fully aware of this and accepts the property accordingly.
Declared income: As the property is no longer habitable and generates no rental income, the amount of $12 indicated on the form was entered solely to satisfy a mandatory system field and does not represent actual income in any way.
The seller shall provide the following documents upon request:
- the architectural plans for a reconstruction project
- the site plan
- the duly approved demolition permit
- the paid construction permit
These documents are provided for informational purposes only and without any warranty of future compliance. Any modification or update required by the municipality shall be the responsibility of the buyer.
The property is sold for demolition. The current structure is in very poor condition and not habitable without major work. The buyer acknowledges being fully aware of this and accepts the property accordingly.
Declared income: As the property is no longer habitable and generates no rental income, the amount of $12 indicated on the form was entered solely to satisfy a mandatory system field and does not represent actual income in any way.
Real estate brokers and advisors
Emmanuelle Beaudet
Certified Residential and Commercial Real Estate Broker AEO (D1830)
Real estate agency (G7014)
ENGEL & VÖLKERS MONTRÉAL
Real estate shop ⬩ SIEGE SOCIAL
Yannick Ménard
Residential and Commercial Real Estate Broker (D1593)
Real estate agency (G7014)
ENGEL & VÖLKERS MONTRÉAL
Real estate shop ⬩ SIEGE SOCIAL