$1,999,000

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

$1,999,000

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$1,999,000

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

$1,999,000

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

High-Yield: Diverse revenue from three modern apartments and a sought-after commercial space. Turnkey Ready: Major renovations done (2021-2023) ensure minimized maintenance costs and maximized tenant appeal. Location Advantage: Situated in the vibrant Plateau hotspot, ensuring sustained high occupancy. Future Growth: Positioned for remarkable portfolio growth in a continually evolving district. Invest smart. Seize this unparalleled Plateau opportunity today.

  • NUMBER OF ROOMS : 0
  • Year built : 1922
ALESSANDRO BORIONI INC.
Residential Real Estate Broker
Brokers tranquilit
RAFFAELE TRAGLIA INC.
Certified 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. With three luxury residential units and 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.

Modern upgrades, low maintenance: 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. 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 (2023)
Taxes
  • (2023)
  • (2023)
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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ALESSANDRO BORIONI INC.
Residential Real Estate Broker
Brokers tranquilit
RAFFAELE TRAGLIA INC.
Certified real estate broker
Brokers tranquilit

MORTGAGE PAYMENTS CALCULATOR

Financial details

Assessment (2023)
Taxes
  • (2023)
  • (2023)
Gross yearly revenu (potential)
Annual Expenses
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