638-640 rue Melrose, verdun
638-640 rue Melrose, Verdun
Centris No. 21598033
$749,000
DESCRIPTION
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Welcome to this charming and well-maintained duplex located on one of the best streets in the highly sought-after community of Verdun. This property offers a fantastic investment opportunity with a mix of modern amenities and the potential for future improvements. With stable tenants upstairs, the ground floor is available for the buyer or can be rented out. The basement offers a ton of potential, as does the oversized garage and lovely garden. Priced under the municipal evaluation, opportunity knocks!
CHARACTERISTICS
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| Year built | 1928 |
| Number of rooms | 14 |
| Bedrooms | 638 – 2 ~ 640 – 2 |
| Bathrooms | 638 – 1 ~ 640 – 1 |
| Parking | 638 – Detached garage (1.5) |
| Energy/Heating | Electricity |
| Heating System |
638 – Baseboards & Hot water 640 – Baseboards |
| Washer/Dryer (installation) |
638 – Basement 640 – Hall |
|
Proximity |
Bicycle path, CEGEP, Daycare centre, Elementary school, High school, Highway, Hospital, Metro, Park, Public transportation, University |
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Inclusions |
Appliances 638 : GE gas range oven, refrigerator, washer and dryer, chest freezer GE range griddle, Kitchen sideboard, Portable kitchen island, Ecobee smart thermostat, Dehumidifier, Electric vehicle Level 2 charger: ‘Webasto Turbo DX 240V 32A EV Charging Station’, Curtains, rods and blinds |
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Exclusions |
All appliances in the leased dwelling (640) and any items belonging to the lessees. Small wooden shelf in the dining room Small white lilac tree under the bedroom window |
SIZE ROOMS
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| 638 | ||
| ROOMS | LEVEL | SIZE |
| Vestibule | 1 | 3.10 X 3.3 ft |
| Hall | 1 | 19.10 X 6.10 ft IRR |
| Bedroom (set up as office) | 1 | 11.9 X 10.6 ft |
| Living room | 1 | 11.1 X 10.6 ft |
| Primary bedroom | 1 | 11.11 X 9.11 ft |
| Bathroom | 1 | 7.1 X 6 ft |
| Kitchen | 1 | 10.10 X 9.2 ft |
| Dining room | 1 | 10.8 X 9.8 ft |
| Office | 1 | 16.8 X 6.11 ft |
| Storage | Basement | 25 X 28 ft |
| Bedroom | Basement | 12 X 10.1 ft |
| Bathroom | Basement | 8.8 X 7.11 ft |
| 640 | ||
| ROOMS | LEVEL | SIZE |
| Vestibule | 2 | 4.2 X 3.8 ft |
| Hall | 2 | 19.6 X 7.2 ft IRR |
|
Living room (set up as a dining room) |
2 | 11.4 X 10.4 ft |
| Primary bedroom | 2 | 11.10 X 9.8 ft |
| Bedroom (set up as living room) | 2 | 9.9 X 4.5 ft |
| Bathroom | 2 | 7.4 X 6 ft |
| Kitchen | 2 | 10.1 X 9.9 ft |
| Office | 2 | 9.7 X 8.11 ft |
| Storage | 2 | 9.3 X 6.10 ft |
| Storage | 2 | 7.2 X 7 ft |
EXPENSES / ENERGY (annual)
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| Hydro | TBD |
| Total | TBD |
TAXES (annual)
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| Municipal (2023) | $4547 |
| School (2023) | $584 |
| Total | $5131 |
ADDENDUM
LOWER UNIT
GROUND FLOOR (638):
*Renovated kitchen with quartz countertops, gas stove + lots of storage
*Combined dining room
*Spacious living area
*2 bedrooms (currently, only 1 bedroom, but potential to easily convert to 2 bedrooms by removing the wall between the living room and dining room)
*Bathroom with tub
*Solarium extension with exposed brick walls and large closet. Perfect office nook. Access to the backyard via large patio doors and access to the large unfinished basement via a hatch (door opens from the floor)
*The backyard is a private oasis providing a perfect space for relaxation and some gardening.
*Oversized garage with an electric charging station
*Huge basement could be dug out and renovated to make more bedrooms or possibly a 3rd apartment as there is a door leading to the backyard. Currently, it offers laundry, a workshop, and a TON of storage.
2ND FLOOR (#640):
*Renovated kitchen with epoxy countertops and modern appliances
*Double living room with original columns and details
*1+1 bedrooms (2nd bedroom has a window looking into the solarium/storage extension, however the same wall as downstairs could be removed in the future to create 2 proper bedrooms with windows).
*1 bathroom
*Solarium off the back with TONS of storage and fire escape leading to the backyard
*Balcony off the front
*Stackable washer/dryer in a closet
*Currently occupied by long-term good tenants
*Very easy to create a rooftop terrace
PROPERTY HIGHLIGHTS:
*The property has been meticulously maintained and improved over the years
*Situated only 7 blocks away from the metro station
*Verdun Avenue is just steps away, providing access to various amenities, shops, and dining options.
*The trendy Wellington Street, located merely 1 block away, offers an array of unique experiences and was even named the coolest street in the world by Time Out Magazine in 2022.
*A pre-inspection report is available for potential buyers, ensuring transparency and confidence in the property’s condition.
TECHNICAL DETAILS:
-Heating: 638: Bi-energy gas/hydro 640: Electric baseboards
-Hot water tanks rented for both units $27.40/month
-Sump pump and humidification system for 638
-Roof: 2009
-Rent for 640: $1000/month
See seller’s declaration for an exhaustive list of improvements over the years. Please note that while the property is well-maintained, some renovations are required to fully unleash its potential.
Don’t miss out on this incredible opportunity to own a piece of property in one of Montreal’s fastest-growing and most vibrant communities. Priced under the municipal evaluation, don’t miss your chance! Schedule a viewing today and explore the potential this duplex holds for both living and investment purposes.