Asking Price: $239,000
Property Type : Triplex
Bedrooms : 2
Interior Floor Space : 800 sqft
Built in : 1910
Location : Central – East (Montréal)
City Evaluation: $228,200

Although the information sheet describes the location as “Central”, we’ll call it Central-East, since the near intersection are borderline Hochelaga-Maisonneuve area. And we ALL know that’s not really central “downtownish”, is it?

This little triplex with its funky looking doors is now listed under foreclosure properties by RE/MAX 2000.
The MLS sheet does not mention it, but it has a yearly gross revenue of $17,000 more or less. Good? Well, that will depend on the property’s expenses, which there is no mention of it either.

There are also no additional images of this property. But if you are so keen to know more, you can contact us for more Repossession listings in the area.

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The Montreal Real Estate Blog opens a new section: Repossession du Jour or Foreclosure du Jour. We haven’t really decided on the title yet. But for the time being, we’ll call it a Repossession, alright?.

Here is our first contestant: A lovely penthouse located in St Laurent Street.
We won’t give you the exact address BUT we will give you the contact information, so if you are interested, you can do your homework and get back to us with your review.
Fair enough?

Great.

Here are the facts…illustrated.

Asking Price: $ 320,000
Property Type : Condominium
Bedrooms : 2
Bathrooms : 1
Interior Floor Space : 1100 sqft
Built in : 2005
Location : Le Plateau-Mont-Royal (Montréal)
City Evaluation: $268,100

Now, you might think that for a repossession this isn’t the best deal. And you are probably right, but considering the city evaluation against the asking price, there’s only a difference of 52k – more or less. We’d dare to say that there is ample room for negotiation.

The property is listed with Plateau Immobilier INC.(after all, it’s located in the Plateau) you can contact listing agents through this MLS link

or

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