Fully renovated, turnkey
The building has been fully renovated, minimizing immediate capital expenditures for the buyer. Investors benefit from modernized units, upgraded systems, and strong tenant appeal,
ensuring long-term durability and reduced maintenance costs.

Strong & Stable Income
With an annual income of $105,000, the property generates a reliable cash flow stream. This steady revenue offers an immediate return on investment and positions the asset as a stable income-producing property.

Prime rental location
Situated on Rue Waverly in Montreal, the property benefits from a sought-after area with consistent rental demand. The location supports low vacancy risk, easy tenant turnover, and ongoing rent growth potential.

July 2021: all 8 tenants left due to major renovation work needing to be carried out
July 2021 to June 2022: The entire building was stripped of everything down to the wood structure.
- old roof stripped to platelage, new roof installed (elastomeric membrane)
- electricity was redone from A to Z (including entrance from Hydro Quebec lines)
- plumbing redone from A to Z (including underground drains, sewer and pluvial)
- insulation with foam urethane on the entire building
- re-design and re-construction of all the apartments
- new floors, kitchens, bathrooms, divisions
- all new doors, patio doors, windows
- new Bricks for facade of building
- new main entrance door and new mailboxes
- new mechanical room with all new counters and new hot water tanks (8)
- new steel Balcony frames with galvanized railings and aluminum flooring (front)
- new Galvanized railings and aluminum flooring for side and rear balconies
- new galvanized steel stairs for emergency exits
- basement emergency exit concrete walls re-poured (at rear)