The Property

Welcome to 9103-9109A Rue Boissonneault, a 1973 full-brick five-unit building situated on a quiet residential street in Saint-Léonard. The structure measures 53.35 × 41.9 ft on a 5 470+ sq ft lot with minimal maintenance landscaping.

Breakdown of units and rents :
- 9109A / 4 ½ - Vacant (potential $1 200 / month)
- 9109 / 9 ½ (main unit) - $1 475 / month
- 9107 / 5 ½ - $1 010 / month
- 9105 / 4 ½ - $1 525 / month
- 9103 / 4 ½ - $1 145 / month

Gross annual revenue: $72 260 / GRM: 19.37×

Each apartment is individually metered with electric baseboard heating; tenants pay their own heating, electricity, and hot water. Operating expenses are limited to taxes, insurance, and routine maintenance.

The roof was replaced about 10 years ago, the rear galvanized-steel staircases are in excellent condition, and windows and doors have been updated over the years. Four units are in good condition with renovated kitchens and bathrooms. The main 9 ½ unit is dated but functional; an ideal renovation project to increase rent or create a comfortable owner-occupied space.
The vacant basement 4 ½ offers immediate revenue potential at today's market rate or flexibility for future improvements.

The Location

Between Boulevard Langelier and Boulevard Lacordaire, the property is minutes from Highways 40 and 25, ensuring efficient access throughout Montréal. Nearby you'll find schools, parks, groceries, pharmacies, and local cafés; all factors that support strong tenant retention. Saint-Léonard is recognized for its stable rental market and long-term residents. The future REM East extension (planned for 2031) will add stations at Jean-Talon / Langelier and Jean-Talon / Lacordaire, increasing connectivity and reinforcing local property values over time.

The Investment

This 5-plex offers the essentials of a sound real-estate investment:
* Steady income from four occupied units
* Immediate upside from the vacant basement unit
* Low expenses through tenant-paid electric heating
* Clear value-add potential via main-unit modernization
* Durable construction and low-maintenance lot

For investors, it delivers predictable returns with room to grow. For owner-occupants, it offers the chance to occupy a spacious main unit while benefiting from stable rental income to offset carrying costs. A practical, well-located building with strong fundamentals in one of Montréal's most consistent residential investment areas. Opportunities like this are becoming harder to find in Saint-Léonard's rental property market.

Whether you're growing your portfolio or looking for a smart owner-occupied investment, 9103-9109A Rue Boissonneault deserves a closer look. Book your private visit today!