I've just listed a duplex at 4439-441 St-Zotique, at the corner of 28th Ave. in Rosemont. The property consists of two 5.5 room dwellings, each with three closed bedrooms and large eat in-kitchens with patio doors that give onto large rear decks.
The tenant pays $850 unheated and has use of the basement for storage and laundry. He also has an outdoor parking spot on the rear driveway. The upper could probably rent for between $750 and $800. The owner uses the single-width double garage and a cold room in the basement.
The property has been co-owned by the same two families since the mid 1960s. They are generally well maintained, with newer windows, repointed brick, new balconies, stairs and guard rails. The ground floor has a 200-amp electrical box, while the upper has 125 amps.
There's huge upside potential in the unfinished basement, with room aplenty for a fresh new laundry room and family room or extra bedroom, as need be.
The asking price is $475,000. The vendors are open to negotiation. Don't hesitate to call if you have questions or would like to schedule a visit.