Exceptional investment opportunity in the heart of Saint-Léonard. Owned by the original family since construction, this well-maintained all-electric 4plex generates $78,900 in annual revenue & offers a strong 18.12 GRM. Tenants pay their own electricity, heating & hot water. All units have been updated over the years, are in good condition, & occupied by quality tenants. The spacious owner-occupied unit features 3 bedrooms, 3 bathrooms and a finished basement. Walking distance to Place Viau & the future Blue Line Metro extension (2031). Bonus: nearly 10,000 sq. ft. of usable land, including an additional Hydro-Québec leased parcel.
40' X 42' Irregular
1971
Poured concrete
Brick
Asphalt and gravel
Heated , Built-in
THE BUILDING
Owned by the original family since construction & offered through succession, this well-maintained 4plex offers stable income & an owner-occupant opportunity.
* All-electric building
* Four electrical panels
* Four hot water tanks
* Tenants pay their own electricity, heating and hot water
* Updated units with quality tenants in place
The spacious owner-occupied unit will be available to the purchaser & features:
* 3 spacious bedrooms
* Primary bedroom with ensuite bathroom
* 3 bathrooms
* Finished basement
* Generous room sizes
* Ample storage
* Numerous updates over the years
Following an insured event in 2025, portions of the building were renovated, including kitchens, flooring, electrical improvements, insulation, doors, trim, painting and soundproofing.
ADDITIONAL HYDRO-QUÉBEC LAND
* Registered lot: approximately 4,724 sq. ft.
* Additional Hydro-Québec leased parcel: approximately 5,000+ sq. ft.
* Total usable area: approximately 9,724+ sq. ft.
According to the sellers, the Hydro-Québec lease has historically renewed at approximately $50-$100 annually. Since acquiring the property through succession, the sellers have not received an invoice and are answering to the best of their knowledge. Buyers must verify lease terms, costs and permitted uses.
NB. There is no fence separating the subject property's backyard from the neighbouring attached property.
THE LOCATION
Located on a quiet local-traffic street in the heart of Saint-Léonard.
Within approximately 10 minutes on foot:
* Place Viau
* Jean-Talon commercial corridor
* Grocery stores, restaurants and cafés
* Pharmacies, banks and public transit
* Everyday services
Within approximately 17 minutes on foot:
* Centre Jean-Talon
* Sports and recreational facilities
The property is also surrounded by numerous parks, playgrounds & green spaces.
A major long-term value driver is the future Blue Line Metro extension, scheduled for completion in 2031.
THE INVESTMENT
* Annual gross revenue: $78,900
* Strong GRM: 18.12
* Stable tenant profile
* Owner-occupied unit available
* Potential for future rental optimization
* The declared rents take into consideration the July 1st 2026 increases
3 REASONS YOU'LL LOVE IT
1. THE NUMBERS LOOK GOOD ON PAPER
Generating $78,900 in annual revenue with a strong 18.12 GRM & tenant-paid utilities.
2. LOCATION, LOCATION, LOCATION
Walking distance to Place Viau, the Jean-Talon commercial hub, Centre Jean-Talon, numerous parks and the future Blue Line Metro extension.
3. SIZE, FLEXIBILITY & LAND
A spacious owner-occupied unit with 3 bedrooms, 3 bathrooms and a finished basement, combined with nearly 10,000 sq. ft. of usable land.
Properties offering this combination of income, owner-occupant flexibility and future growth potential are increasingly difficult to find. Contact the listing broker for additional information or to schedule a private visit.
40' X 42' Irregular
1971
Poured concrete
Brick
Asphalt and gravel
Heated , Built-in
50' X 94' Irregular
4,724.28 SF
Flat
Paving stone
Driveway : 2 , Garage : 1
Highway , Daycare centre , Hospital , Metro , Park , Elementary school , High school , Public transportation
Residential
| Unit | Room | Level | Dimensions | Flooring | Description |
|---|---|---|---|---|---|
| 1 (app.) | Entrance | 1st level/Ground floor | 3'9" X 5'11" | ||
| 1 (app.) | Hall | 1st level/Ground floor | 4'1" X 11'11" | ||
| 1 (app.) | Living room | 1st level/Ground floor | 11'3" X 18'2" | ||
| 1 (app.) | Dining room | 1st level/Ground floor | 15'5" X 9'11" | ||
| 1 (app.) | Kitchen | 1st level/Ground floor | 11'4" X 11'5" | ||
| 1 (app.) | Dinette | 1st level/Ground floor | 8'9" X 11'5" | ||
| 1 (app.) | Bathroom | 1st level/Ground floor | 7'3" X 11'5" | ||
| 1 (app.) | Hall | 1st level/Ground floor | 12'8" X 15' | ||
| 1 (app.) | Primary bedroom | 1st level/Ground floor | 10'7" X 16'2" | ||
| 1 (app.) | Walk-in closet | 1st level/Ground floor | 3'9" X 5'3" | ||
| 1 (app.) | Powder room | 1st level/Ground floor | 4'3" X 5'3" | ||
| 1 (app.) | Bedroom | 1st level/Ground floor | 8'9" X 13'1" | ||
| 1 (app.) | Bedroom | 1st level/Ground floor | 10'7" X 15' | ||
| 1 (app.) | Entrance | Basement 1 | 14'4" X 7'3" | ||
| 1 (app.) | Storage | Basement 1 | 5'11" X 7'3" | ||
| 1 (app.) | Kitchen | Basement 1 | 18'8" X 10'6" | ||
| 1 (app.) | Family room | Basement 1 | 19'8" X 15'4" | ||
| 1 (app.) | Bathroom | Basement 1 | 8'2" X 3'8" | ||
| 1 (app.) | Bar corner | Basement 1 | 5'2" X 7'7" | ||
| 1 (app.) | Hall | Basement 1 | 7'5" X 21'9" |
Hot water , Electric baseboard units
Electricity
Wall-mounted air conditioning
Municipality
Municipality
Unit 7560: all window dressings, light fixtures, kitchen hut, mural AC unit, four (4) hot water tanks
All tenants' personal belongings + Unit 7560: double car shelter, light fixtures on main floor (primary bedroom, secondary bedroom, living room, vestibule, hallway & sconces at the entrance and stairway downstairs)
My name is MARCO MORANELLI INC., RE/MAX real estate broker. How may I help you?
Do you have a question?
RE/MAX ALLIANCE | 4865 rue Jarry Est, Montréal (Saint-Léonard), Québec, H1R 1Y1
RE/MAX ALLIANCE | 4865 rue Jarry Est, Montréal (Saint-Léonard), Québec, H1R 1Y1
RE/MAX ALLIANCE | 4865 rue Jarry Est, Montréal (Saint-Léonard), Québec, H1R 1Y1
Hello, my name is MARCO MORANELLI INC., real estate broker. Contact me for more information.
Hello, my name is GERLANDO BARONELLO, real estate broker. Contact me for more information.
Hello, my name is BRANDON BRINI, real estate broker. Contact me for more information.
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