114 Barrette Street, Vanier and Kingsview Park | Image 1

114 Barrette Street

Vanier and Kingsview Park, 3402 - Vanier

  • Commercial

$1,099,000
For Sale

Added 2 weeks ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-2 To 5 Units

  • Zoning: R4UA

  • Age: No Data

  • Taxes: 5375

  • MLS®#: X11951766

  • Added: Feb 02, 2025 (2 weeks ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: CAPITAL COMMERCIAL INVESTMENT CORP.

Located in the heart of Beechwood Village! This legal fourplex boasts an impressive annual income exceeding $84k GOI and $66k NOI, making it an outstanding investment for discerning buyers. The building hosts a great tenant-base consisting primarily of young professionals. Tenants enjoy the rare amenity combo of central air conditioning and unlimited wifi. The four apartments are comprised of one 3-bedroom unit, one 2-bedroom unit, one 1-bedroom unit and a studio. All units offer their own unique advantages, but the top floor one-bedroom suite with a private southwest facing roof-top deck is sure to impress! This prime rental location, only a block from Beechwood Avenue, is perfectly situated only steps to public transit, recreation facilities and all the retail conveniences that Beechwood Avenue has to offer. Coin operated laundry machines located in the basement. This investment property is perfect for first-time investors looking to enter the market or seasoned investors adding to their portfolio.

Property

  • Status: Sale

  • Type: Apts-2 To 5 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Net Income: 66064

  • Area: Vanier and Kingsview Park

  • Community: 3402 - Vanier

  • Availability Date: Flexible

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Heat Type: Gas Forced Air Open

  • Green Verification Status: N

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Lane

  • Covered Parking Spaces: 3

Fees

  • Tax Year: 2024

  • Taxes: $5,375

  • Expenses: Act

  • Insurance Fee: 4800

  • Operating Fees: 18052

  • Hydro Expense: 1533

  • Heat Expenses: 2389

  • Other Expenses: 1220

  • Taxes Type: Annual

  • Taxes: 5375

  • Tax Year: 2024

  • Water Fees: 1935

Land

  • Cross Street: St Charles Street an

  • Municipality District: Vanier and Kingsview Park

  • Parcel Number: 042350166

  • Lot Depth: 57.39 Feet

  • Lot Frontage: 44.74 Feet

  • Zoning: R4UA

Commercial Specific

  • Total Area: 3500

  • Total Area Metric: Sq Ft

  • Lot Code: Building

  • Gross Income/Sales: 84116

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