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Saint-Henri: six-unit building sold for $1.4M
The price is 20% above the municipal assessment, according to the deed of sale and the assessment roll.
Saint-Henri · 2 h ago · Based on 5 documents
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Key facts
Sold for $1.4M
Six units
20% above the assessment
Mostly 4 ½ apartments
Saint-Henri in three dimensions. The building that sold is on Rue Notre-Dame Ouest.
3D view: Matchai News. Data: OpenStreetMap
A six-unit building on Rue Notre-Dame Ouest changed hands on Wednesday for $1.4 million. The deed was published in the land register, and the listing sheet shows the building had been listed six days earlier.
The six tenants keep their leases. Any disputed rent increase will go before the Tribunal administratif du logement. The buyer will also have to pay the transfer duties, the "welcome tax" of everyday speech.
$1.4M
Sale price of the building on Rue Notre-Dame Ouest
Prices have climbed by nearly 40% in a year.
Chart: Matchai News. Data: sources 1, 4
What the documents show
The building is mostly 4 ½ apartments of about 900 sq ft (84 sq m), and each unit has a parking space. The land register shows 12 sales of this type in Le Sud-Ouest since January.
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Still in this story
The figure lenders look at first
What the deed of sale shows about this purchase
The other street investors are already targeting
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Sources
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