1455 Rue Towers, apt. 108
A unique opportunity not to be missed!
Located in the heart of Downtown Montreal, this condo is split into 2 studio apartments like a
Recently built (2005) condo complex, its ideal for a low maintenance investment.
The detailed MLS information sheet
- OR -
The detailed RE/MAX link with +info.
Aside from being located in a prime location which is certain of augmentation in value year after year, this duplex-condo generates rental revenue from DAY 1 !
Scenario based on a purchase price of 440,000$ and a 20% cash down.
The big lines:
After a 5 year mortgage term, your tenants have helped you gain over 50,000$ in capital
In the first year you already made a gain of over 2,500$ after expenses.
*Note that condo fees where not considered in the analysis as they are part of regular maintenance and are deductible.