Villa with Amazing View

8367 W Flamingo Rd suite 101, Montréal

$ 5,500,000

Active

See all 6 photos

Active - For Sale

5 Beds

3 Baths

250 ft²

Medical Equipments

2 cars

Lachine

Description

Beautiful, updated, ground level Co-op apartment in the desirable Bay Terrace neighborhood. This home features hardwood floors throughout, brand new bathrooms, newer EIK, modern front-load washer/dryer, full dining room, large living area, 3 spacious bedrooms and plenty of storage. Master bedroom includes both a standard closet and custom closet wall unit. Large windows face many directions for tons of natural light.

174

MLSⓇ ID

200

Property Year

Brick

Structure Type

Features and Amenities

Amenities and Features

Interior Details

Equipped Kitchen

Fireplace

Gym

Hot Bath

Laundry

Media Room

Outdoor Details

Back yard

Basketball court

Chair Accessible

Garage Attached

Pool

Water

Utilities

Central Air

Electricity

Heating

Natural Gas

Smoke detectors

Ventilation

Other Features

Elevator

Washer and dryer

WiFi

Compliance & Licensing

Zoning & Permits

Valid occupancy certificate, environmental compliance approval, and tourism registration.

Licenses/Certs

Residential zoning with hospitality permits for short-term rentals.

Accreditation Readiness

Meets all state safety and building compliance standards. Updated electrical and plumbing certifications available.

Financial & Investment

Gross Revenue

$1,568,910 (annualized 2024).

NOI

$985,400 annually after maintenance and staffing.

Cap Rate

6.8% based on current operating income.

Lease Terms

Flexible terms available; property can be leased with management support or owner-occupied.

Sale Terms

Clean title; available for direct sale or sale-leaseback options.

Growth Potential

High potential to expand into luxury wellness or boutique resort segment.

Competition

Limited supply in this luxury niche; strong local brand awareness.

Support & Training

Owner willing to provide transition support, vendor introductions, and operational training for 60 days post-sale.

Disclosures

Confidentiality

All financial and client details are confidential and shared only under NDA.

Exclusions

Personal artwork, collectible wine cellar contents, and one antique sculpture are excluded from the sale.

Conditions

Property sold as-is; minor cosmetic touch-ups may be required.

Legal

All titles are clear and transferable. No existing liens, disputes, or encumbrances.

Practice Metrics

Revenue (Last 3 FY)

FY2022 – $1.2M FY2023 – $1.45M FY2024 – $1.65M

Net Income

Average annual net income of $480K with a steady margin increase YoY.

Patient Volume

Approx. 1,800 annual client visits and a consistent occupancy rate above 90%.

Growth YoY

12% average growth over the last 3 years driven by premium bookings and expanded marketing reach.

Payer Mix

60% private clients, 25% corporate retreats, 15% vacation rentals.

Included Assets

Fully furnished interiors, designer furniture, smart appliances, solar setup, and garden equipment.

Staffing

6 full-time employees including property maintenance, concierge, and security personnel.

Brand/Goodwill

Well-known for exclusive staycations and high client satisfaction in the Bay Terrace region.

Payment Calculator

$ 28,199.59

per month

Principal and Interest
Property Tax
HOA fee

Principal and Interest $ 21,324.59 Property Tax

Homeowners Association Fee

Home Price

Down Payment

Term(*in years) Interest

Property Map

Map

Floor Plans

Virtual Tour

Video

Statistics

Page Views Statistics

Disclaimer

Property ID - 174 | 20021

All listings featuring the San Jose logo are provided by Association of San Jose. This information is not verified for authenticity or accuracy and is not guaranteed. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

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