Income property with 6 residential units and 1 office in the heart of the Plateau-Mont-Royal, steps from La Fontaine Park. Annual income of approximately $193,000. Large detached building with desirable character, several renovated and air-conditioned units, private terraces, and 8 outdoor parking spaces. 5,700 sq ft lot. Meticulously maintained building occupied by quality tenants. Prime location close to shops, restaurants, public transportation, and all services. A rare investment opportunity in one of Montreal's most sought-after areas.
46' X 61' Irregular
1922
Brick
Elastomeric membrane
Exceptional income property located in the heart of the Plateau-Mont-Royal, steps from La Fontaine Park. This detached property comprises six residential units and one office space, generating approximately $193,000 in annual income.
The building has benefited from numerous upgrades over the years. The meticulously maintained and largely renovated units offer excellent comfort with air conditioning, generous living spaces, and desirable architectural features. Several units also feature private terraces.
The property includes eight outdoor parking spaces, a rare and highly sought-after feature in the area. Occupied by quality tenants, this building represents a prime investment opportunity in one of Montreal's most desirable neighborhoods.
The commercial unit is 1,100 sq. ft. The space is occupied by AQEPA Provinciale (Quebec Association for Children with Hearing Problems). Two parking spaces are included in the lease.
The other six parking spaces are leased to the Quebec Psychiatric Institute (in the adjacent building).
GST/QST applies only to the commercial portion of the property.
KEY FEATURES
+ 6 residential units + 1 office;
+ Unit types: 1 x 6.5, 3 x 5.5, and 2 x 4.5;
+ Annual income of approximately $193,000;
+ Electricity and heating are the tenants' responsibility;
+ Detached building;
+ Several renovated units;
+ Air conditioning;
+ Private terraces;
+ 8 leased outdoor parking spaces;
+ High-quality tenants;
+ Strategic location near La Fontaine Park, shops, restaurants, and public transportation.
A rare opportunity to acquire a quality asset in a prime location in the Plateau-Mont-Royal.
46' X 61' Irregular
1922
Brick
Elastomeric membrane
57' X 100'
5,700 SF
Landscaped
Flat
View of the city
Asphalt
Driveway : 8
Highway , CEGEP , Daycare centre , Hospital , Metro , Park , Bicycle path , Elementary school , High school , Public transportation , University
Commercial , Residential
Electricity
Wall-mounted air conditioning , Wall-mounted heat pump
Municipality
Municipality
According to the leases. Surveillance cameras and sprinkler system.
Not specified
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