315 Rue Rielle, Montréal (Verdun, QC H4G

315 Rue Rielle, Montréal (Verdun, QC H4G 2S6

$10,550,000

0 Bedrooms
0 Bathrooms
1968
MLS: 27195940

Description

Turn-key 32-unit multifamily investment located in the heart of Verdun. The property was fully renovated in 2019-2020 with high-end finishes including quartz countertops, hardwood and porcelain floors, sound insulation, and upgraded mechanical, electrical and plumbing systems. Well-balanced unit mix: 2 x 2½, 17 x 3½ and 13 x 4½, plus 6 indoor garage spaces and common laundry. Ideally located steps from De l'Église metro and vibrant Wellington Street with cafés, restaurants and shops. Close to parks and Verdun Beach. Excellent rental demand with strong income and CMHC MLI Select financing potential. Exceptional turnkey asset in prime location!

Renovations:

The property has been 100% renovated in 2019 to a standard in line with that of new condominium construction. All work indicated below has been completed by CCQ and RBQ accredited professionals using 100% new materials.

Electrical (2019):

*Common Areas: Main electrical entry, aerial powerline, exterior lighting (3 facades), intercom system, cameras, CAT6 wiring/server room, new wiring & heaters in utility rooms, entrance and hallways.

*Apartment Units: Breaker panels, LED recessed lighting, wiring for range hood & microwave, new plugs/switches/fixtures, baseboard heaters & thermostats, CAT6 wiring & router.

*Basement/Garage: Full electrical replacement, new main distribution to laundry/garage, garage door motor.

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Plumbing (2019):

*Common Areas: Roof drains & vents (cast iron & PVC), copper & Wirsbo water entry, Gaz boiler.

*Apartment Units: Cast iron & PVC drains, Wirsbo water distribution.

*Basement/Garage: PVC underground drains, copper hot & cold water, French drain system around perimeter & center.

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Building Structure (2019):

*Exterior: masonry repairs (bricks, sills, pointing), elastomere membrane roof, doors & windows, balconies, fascias, brick acid wash & foundation stripping, sealed/treatment of foundation.

*Interior Common Areas: Walls/floors rebuilr where needed, metal support beams in basement, terrazzo stairs repaired/polished, basement concrete slab replaced with new gravel base.

*Apartments: Double gypse and cellulose soundproofing, new insulation along exterior walls, hardwood floors refinished (living/bedrooms), porcelain floors (kitchen/baths), new/updated gypse, plastering, priming & painting, bathroom/kitchen ventilation ducts added.

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Fire Alarm (2019):

*Common Areas: Fire alarm system brought to code, main panel, horns, smoke detectors, emergency exit lighting.

*Apartment Units: Smoke detectors, horns, (linked to main panel).

*Basement: Smoke detectors, horns, exit lighting.

*Security: Cameras at entrances/exists, intercom system.

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ROOM DETAILS
Room	Dimensions	Level	Flooring
N/A

BUILDING
Type
Style	Detached
Dimensions	15.27x34.05 M
Lot Size	566.5 MC

EXPENSES
Administration fees	$ 28278 / year
Insurance	$ 20921 / year
Other	$ 9271 / year
Caretaking	$ 11680 / year
Energy cost	$ 9031 / year
Maintenance / Repairment	$ 19520 / year
Municipal Taxes (2025)	$ 28846 / year
School taxes (2025)	$ 3747 / year

CHARACTERISTICS
Sewage system	Municipal sewer
Water supply	Municipality
Zoning	Residential

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