$1,849,000

Quadruplex for sale - Montréal (Le Plateau-Mont-Royal) (Le Plateau-Mont-Royal)

$1,849,000

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$1,849,000

Quadruplex for sale - Montréal (Le Plateau-Mont-Royal) (Le Plateau-Mont-Royal)

$1,849,000

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5060 - 5064 Av. Papineau, Montréal (Le Plateau-Mont-Royal) (Le Plateau-Mont-Royal), H2H 1V8

Ideally located in the dynamic Plateau district of Montreal, this renovated 4plex offers an exceptional investment opportunity with an annual gross revenue of $159,000. With three luxury residential units and quality commercial space, recent renovations ensure solid returns and reduced maintenance. This property combines European charm and modern urbanity, representing a smart investment in one of the city's most sought-after neighborhoods.

  • NUMBER OF ROOMS : 0
  • Year built : 1922
RAFFAELE TRAGLIA INC.
Certified real estate broker
Brokers tranquilit
ALESSANDRO BORIONI INC.
Residential Real Estate Broker
Brokers tranquilit
Building details and property interior
Particularities plusParticularities minus

75'20" X 25'

1922

4,954.7 SF

Poured concrete

Elastomeric membrane

Attached

Wood , Ceramic

Wood

Addenda
Particularities plusParticularities minus

Strategically located in the heart of Montreal's Plateau district, this meticulously renovated 4plex represents an exceptional investment opportunity. An impressive 159 000$/year of gross revenue! With three luxury recently renovated residential units and a quality commercial space, this property promises solid returns in one of the city's most dynamic neighbourhoods.

Investment highlights :

Optimized income: This property is not just a real estate asset, it's also a high-yield income generator. With three residential units and one commercial space, the diversity of income streams is a given.

Take advantage of major recent renovations between 2022 and 2023. No detail has been overlooked, from top-notch plumbing and electrical work to sleek, modern kitchens. Redone common areas. Enjoy the reassurance of a newly redone roof (2021) and the safety and aesthetic appeal of modernized railings, both installed in 2021.

Le Plateau-Mont-Royal is known for its blend of European charm and modern urbanity, and this 4plex is a testament to quality of life and smart investment. Whether you want to immerse yourself in the unique rhythm of the Plateau or are looking for a solid addition to your investment portfolio, this property is a treasure waiting to be claimed.

Note:GST/QST payable only on commercial portion.

Building details and property interior
Particularities plusParticularities minus

75'20" X 25'

1922

4,954.7 SF

Poured concrete

Elastomeric membrane

Attached

Wood , Ceramic

Wood

Lot and exterior features
Particularities plusParticularities minus

118' X 25'

View of the mountain

Asphalt

Garage : 2

Highway , CEGEP , Daycare centre , Hospital , Metro , Park , Bicycle path , Elementary school , High school , Cross-country skiing , Public transportation , University

Commercial , Residential

Characteristics
Particularities plusParticularities minus

Electric baseboard units

Electricity

Municipality

Municipality

Financial details
Particularities plusParticularities minus
Assessment (2024)
Taxes
  • (2024)
  • (2024)
Gross yearly revenu (potential)
Annual Expenses
5060 - 5064 Av. Papineau, Montréal (Le Plateau-Mont-Royal) (Le Plateau-Mont-Royal), H2H 1V8
NEIGHBOURHOOD STATISTICS
  • Statistics Person living alone
  • Statistics Families with children
  • Statistics Families with no children
  • 5.7%
  • 13.2%
  • 4.3%
  • 17.4%
  • 59.3%
  • 0.1%
  • 1.0%
  • 6.6%
  • 89.2%
  • 3.1%
UnilingualFrenchUnilingualEnglishBilingual(fr/en)Other 0% 10% 20% 30% 40% 50% 60% 70% 80% 90%100%
  • Statistics Household
  • Statistics Individual
  • Statistics Owners
  • Statistics Renters
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RAFFAELE TRAGLIA INC.
Certified real estate broker
Brokers tranquilit
ALESSANDRO BORIONI INC.
Residential Real Estate Broker
Brokers tranquilit

MORTGAGE PAYMENTS CALCULATOR

Financial details

Assessment (2024)
Taxes
  • (2024)
  • (2024)
Gross yearly revenu (potential)
Annual Expenses
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