Revenue property for sale - Montréal (Le Plateau-Mont-Royal)$4,495,000
$4,495,000
Listing broker: Catherine Parent - Engel & Völkers ● # 28098082
4
1
6
797.6 mc
1927
Description
Excellent investment opportunity. This fully leased 13-unit property portfolio consists of two buildings ideally located in the heart of the Plateau Mont-Royal, a central and highly sought-after neighborhood, close to all essential services, numerous parks, and several public transportation options. Laurier metro station is just a 10-minute walk away. The property has been carefully maintained by the same owner for many years.
Details
- Heating system
- Hot water
- Electric baseboard units
- Water supply
- Municipality
- Heating energy
- Electricity
- Natural gas
- Proximity
- Highway
- Cegep
- Daycare centre
- Hospital
- Park - green area
- Bicycle path
- Elementary school
- High school
- Public transport
- University
- Sewage system
- Municipal sewer
- Zoning
- Residential
- 797.6 mc
- 25.91 m
- 30.78 m
- 1927
- 30.78 m
- 6
- 4
- 1
- 0
- 13
- Attached
- :
- 1
- 6
- 4
- :
- 2
- 6
- 4
- :
- 3
- 6
- 4
- :
- 4
- 6
- 4
- :
- 5
- 6
- 4
- :
- 6
- 6
- 4
- :
- 7
- 6
- 4
- :
- 8
- 4
- 2
- :
- 9
- 3
- 1
- :
- 10
- 6
- 4
- :
- 11
- 6
- 4
- :
- 12
- 6
- 4
- :
- 13
- 6
- 4
- 13
- 1
- 4
- All equipment required for the proper operation of the building, as well as all furniture and appliances included in the leases.
- Tenants' personal belongings, as well as tools belonging to the owner or the building superintendent.
Assessments
- $2,037,300
- $2,153,500
- 2026
- 2026/06/30
- Sale with legal warranty
- $263,808
Expenses
- Insurance - General spend
- :$24,493
- :Yearly
- Energy cost - General spend
- :$14,855
- :Yearly
- Municipal Taxes - General spend
- :2026
- :$24,777
- :Yearly
- School taxes - General spend
- :2025
- :$3,022
- :Yearly
Addenda
Building in excellent condition, owned by the same proprietor for many years. This property portfolio consists of 13 residential units:
11 x 6 ½ units
1 x 4 ½ unit
1 x 4 ½ unit
All units are currently leased. Heating is at the owner's expense, with the exception of unit 1462 #3.
The stated annual gross income, as of June 30, 2026, is $263,808.
All current leases are renewed until June 30, 2027.
RECENT INVESTMENTS
2024: Replacement of doors and windows (invoices available)
2024: New hot water furnace -- 1472 Saint-Joseph Boulevard
2017: Masonry work completed (invoices available)
11 x 6 ½ units
1 x 4 ½ unit
1 x 4 ½ unit
All units are currently leased. Heating is at the owner's expense, with the exception of unit 1462 #3.
The stated annual gross income, as of June 30, 2026, is $263,808.
All current leases are renewed until June 30, 2027.
RECENT INVESTMENTS
2024: Replacement of doors and windows (invoices available)
2024: New hot water furnace -- 1472 Saint-Joseph Boulevard
2017: Masonry work completed (invoices available)
Real Estate Broker and Advisor
Catherine Parent
Residential and Commercial Real Estate Broker (H4105)
Real Estate Agency:
ENGEL & VÖLKERS MONTRÉAL (G7014)
Real Estate Shop ⬩ Outremont