Quadruplex for sale - Sud-Ouest$959,000
$959,000
Listing broker: Gianluca Sonnessa - Engel & Völkers ● # 24794248
1
1
4
208.1 mc
1943
Description
Ideally located steps from Verandrye Park and a 5-minute walk to Jolicoeur metro, this well-maintained fourplex offers an excellent investment opportunity in a sought-after rental area. Each large 1-bedroom unit is spacious, and filled with natural light. Tenants enjoy easy access to Highway 15, local cafés, shops, and green spaces. With a gross annual revenue of $59,436, this property is ideal for investors seeking stable income or owner-occupants looking to offset their mortgage.
Details
- Water supply
- Municipality
- Heating energy
- Electricity
- Equipment available
- Wall-mounted heat pump
- Foundation
- Poured concrete
- Proximity
- Highway
- Cegep
- Daycare centre
- Hospital
- Park - green area
- Bicycle path
- Elementary school
- High school
- Public transport
- University
- Siding
- Brick
- Basement
- 6 feet and over
- Finished basement
- Sewage system
- Municipal sewer
- Landscaping
- Fenced
- Roofing
- Asphalt and gravel
- Topography
- Flat
- Zoning
- Residential
- 208.1 mc
- 1943
- 4
- 1
- 1
- 0
- 4
- Attached
- :
- 1
- 4
- 1
- :
- 2
- 3
- 1
- :
- 3
- 4
- 1
- :
- 4
- 3
- 1
- 4
- 1
- 1
- Refrigerator, stove, dishwasher, washer and dryer in unit 5698 (Owner occupied)
- All tenants appliances and personal belongings
Assessments
- $482,000
- $270,500
- 2025
- 2025/10/06
- Sale with legal warranty
- $59,436
Expenses
- Municipal Taxes - General spend
- :2025
- :$4,899
- :Yearly
- School taxes - General spend
- :2025
- :$613
- :Yearly
Addenda
Prime Location: Perfectly positioned steps from Parc Vérandrye and a short 5-minute walk to Jolicoeur Metro. Tenants enjoy easy access to schools, cafés, shops, and Highway 15, making it a highly desirable rental sector.
Well-Maintained Investment: Four spacious one-bedroom apartments, each offering generous layouts and natural light throughout.
Strong Rental Income: With a projected gross annual revenue of $59,436, the property offers stable, predictable returns in one of the area's strongest rental corridors. Investors benefit from an established rental base, with long-term tenants who pay on time and maintain their units responsibly.
Owner-Occupancy: One unit is currently owner-occupied, offering an ideal opportunity for an owner-occupant buyer to move in while collecting rent from the remaining apartments.
UNIT BREAKDOWN
- 5692 Drake: 1 Bedroom. Rented $1070/month.
- 5694 Drake: 1 Bedroom: Rented $1,059 / month. Tenant has a cat.
- 5696 Drake: 1 Bedroom over two stories (RDC + Basement): Rented $1,324 / month. Tenant has a dog and a cat.
- 5698 Drake: 1 Bedroom over two stories (RDC + Basement) with wall mounted heat pump: Owner-occupied (market rent: $1,500 / month).
LEASE DETAILS
- Gross Annual Revenue: $59,436 (projected at full occupancy).
- Utilities (including heating and electricity): Paid by tenants.
- Stability: All tenants are in good standing with consistent payment history.
UPDATES & IMPROVEMENTS
- 2024: Roof completely replaced (invoice available) -- minor infiltration resolved with no recurrence.
- 2020: Plumbing and water entry updates.
- 2015: Windows and balconies replaced.
- To be completed: Main water entry will be replaced by the seller prior to the deed of sale, at the seller's expense.
EXTERIOR & STRUCTURE
- Low maintenance build: Concrete foundation and brick façade in good condition
- Quiet street with mature trees and strong neighbourhood appeal
- Minor water accumulation at front caused by small leak -- main water entry to be replaced before deed of sale
Well-Maintained Investment: Four spacious one-bedroom apartments, each offering generous layouts and natural light throughout.
Strong Rental Income: With a projected gross annual revenue of $59,436, the property offers stable, predictable returns in one of the area's strongest rental corridors. Investors benefit from an established rental base, with long-term tenants who pay on time and maintain their units responsibly.
Owner-Occupancy: One unit is currently owner-occupied, offering an ideal opportunity for an owner-occupant buyer to move in while collecting rent from the remaining apartments.
UNIT BREAKDOWN
- 5692 Drake: 1 Bedroom. Rented $1070/month.
- 5694 Drake: 1 Bedroom: Rented $1,059 / month. Tenant has a cat.
- 5696 Drake: 1 Bedroom over two stories (RDC + Basement): Rented $1,324 / month. Tenant has a dog and a cat.
- 5698 Drake: 1 Bedroom over two stories (RDC + Basement) with wall mounted heat pump: Owner-occupied (market rent: $1,500 / month).
LEASE DETAILS
- Gross Annual Revenue: $59,436 (projected at full occupancy).
- Utilities (including heating and electricity): Paid by tenants.
- Stability: All tenants are in good standing with consistent payment history.
UPDATES & IMPROVEMENTS
- 2024: Roof completely replaced (invoice available) -- minor infiltration resolved with no recurrence.
- 2020: Plumbing and water entry updates.
- 2015: Windows and balconies replaced.
- To be completed: Main water entry will be replaced by the seller prior to the deed of sale, at the seller's expense.
EXTERIOR & STRUCTURE
- Low maintenance build: Concrete foundation and brick façade in good condition
- Quiet street with mature trees and strong neighbourhood appeal
- Minor water accumulation at front caused by small leak -- main water entry to be replaced before deed of sale
Real estate broker and advisor
ENGEL & VÖLKERS - MONTRÉAL
Gianluca Sonnessa
Residential and Commercial Real Estate Broker