7560-7564 Rue Millet

3
Bedrooms
2 + 1
Bathrooms
$1,429,000
price

Exceptional investment opportunity in the heart of Saint-Léonard. Owned by the original family since construction, this well-maintained all-electric 40x42 4plex generates $78,900 in annual revenue & offers a strong 18.12 GRM. Tenants pay their own electricity, heating & hot water. All units have been updated over the years, are in good condition, & occupied by quality tenants. The spacious owner-occupied unit features 3 bedrooms, 3 bathrooms and a finished basement. Walking distance to Place Viau & the future Blue Line Metro extension (2031). Bonus: nearly 10,000 sq. ft. of usable land, including an additional Hydro-Québec leased parcel.

Additional Details

THE BUILDING

Owned by the original family since construction & offered through succession, this well-maintained 4plex offers stable income & an owner-occupant opportunity.

* All-electric building
* Four electrical panels
* Four hot water tanks
* Tenants pay their own electricity, heating and hot water
* Updated units with quality tenants in place

The spacious owner-occupied unit will be available to the purchaser & features:

* 3 spacious bedrooms
* Primary bedroom with ensuite bathroom
* 3 bathrooms
* Finished basement with secondary kitchen
* Generous room sizes
* Numerous updates over the years

Following an insured event in 2025, portions of the building were renovated, including kitchens, flooring, electrical improvements, insulation, doors, trim, painting & soundproofing.

ADDITIONAL HYDRO
-QUÉBEC LAND

* Registered lot: approximately 4,724 sq. ft.
* Additional Hydro-Québec leased parcel: approximately 5,000+ sq. ft.
* Total usable area: approximately 9,724+ sq. ft.

According to the sellers, the Hydro-Québec lease has historically renewed at approximately $50-$100 annually. Since acquiring the property through succession, the sellers have not received an invoice and are answering to the best of their knowledge. Buyers must verify the accuracy of this declaration, as well as lease terms, costs and permitted uses.

NB. There is no fence separating the subject property's backyard from the neighbouring attached property.

THE LOCATION

Located on a quiet local-traffic street in the heart of Saint-Léonard.

Within approximately 10 minutes on foot:

* Place Viau
* Jean-Talon commercial corridor
* Grocery stores, restaurants and cafés
* Pharmacies, banks & public transit
* Everyday services

Within approximately 17 minutes on foot:

* Centre Jean-Talon
* Sports and recreational facilities

The property is also surrounded by numerous parks, playgrounds & green spaces.

A major long-term value driver is the future Blue Line Metro extension, scheduled for completion in 2031.

THE INVESTMENT

* Annual gross revenue: $78,900
* Strong GRM: 18.12
* Stable tenant profile
* Owner-occupied unit available
* Potential for future rental optimization
* The declared rents take into consideration the July 1st 2026 increases

3 REASONS YOU'LL LOVE IT

1. THE NUMBERS LOOK GOOD ON PAPER

Generating $78,900 in annual revenue with a strong 18.12 GRM & tenant-paid utilities.

2. LOCATION.

Walking distance to Place Viau, the Jean-Talon commercial hub, Centre Jean-Talon, numerous parks and the future Blue Line Metro extension.

3. SIZE, FLEXIBILITY & LAND

A spacious owner-occupied unit with 3 bedrooms, 3 bathrooms and a finished basement, combined with nearly 10,000 sq. ft. of usable land.

Properties offering this combination of income, owner-occupant flexibility and future growth potential are increasingly difficult to find. Schedule your visit today!

Included in the sale

Unit 7560: all window dressings, light fixtures, kitchen hut, mural AC unit, four (4) hot water tanks

Excluded in the sale

All tenants' personal belongings + Unit 7560: double car shelter, light fixtures on main floor (primary bedroom, secondary bedroom, living room, vestibule, hallway & sconces at the entrance and stairway downstairs)

Location

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Room Details

Room	Level	Dimensions
Hallway	Basement	7.5x21.9 P
Other	Basement	5.2x7.7 P
Bathroom	Basement	8.2x3.8 P
Family room	Basement	19.8x15.4 P
Kitchen	Basement	18.8x10.6 P
Storage	Basement	5.11x7.3 P
Other	Basement	14.4x7.3 P
Bedroom	Ground floor	10.7x15.0 P
Bedroom	Ground floor	8.9x13.1 P
Washroom	Ground floor	4.3x5.3 P
	Ground floor	3.9x5.3 P
Primary bedroom	Ground floor	10.7x16.2 P
Hallway	Ground floor	12.8x15.0 P
Bathroom	Ground floor	7.3x11.5 P
Dinette	Ground floor	8.9x11.5 P
Kitchen	Ground floor	11.4x11.5 P
Dining room	Ground floor	15.5x9.11 P
Living room	Ground floor	11.3x18.2 P
Hallway	Ground floor	4.1x11.11 P
Other	Ground floor	3.9x5.11 P

Room	Level	Dimensions	Flooring	Description

Room	Level	Dimensions	Flooring	Description

Room	Level	Dimensions	Flooring	Description

Assessment, taxes and other costs

Municipal taxes $6,500
School taxes $731
Municipal Building Evaluation $666,000
Municipal Land Evaluation $406,000
Total Municipal Evaluation $1,072,000
Evaluation Year 2026

Building details and property interior

Driveway Plain paving stone
Heating system Hot water, Electric baseboard units
Water supply Municipality
Heating energy Electricity
Equipment available Wall-mounted air conditioning
Foundation Poured concrete
Garage Heated, Fitted
Distinctive features Immense land
Proximity Highway, Hospital, Park - green area, Elementary school, High school, Public transport
Siding Brick
Basement 6 feet and over, Finished basement
Parking Outdoor, Garage
Sewage system Municipal sewer
Roofing Asphalt and gravel
Topography Flat
Zoning Residential