Rare 5-unit corner building in the heart of the Plateau-Mont-Royal! Ideal for investors or owner-occupants, with the option to vacate the spacious 9 ½ ground floor with basement. Also includes four 3 ½ apartments. Nearly $500,000 invested in renovations, windows on three sides, and excellent natural light. Potential income of $121,296 and up to approximately $133,056 after optimization. Potential for adding more units, subject to verification. Sought-after location near Mont-Royal Avenue, shops, restaurants, parks, and public transportation.
25' X 43'30"
1932
Brick
Rare 5-unit building located on a corner lot in the heart of the Plateau-Mont-Royal! A sought-after opportunity for investors or owner-occupants looking to combine quality of life, income, and optimization potential.
The building includes a spacious 9 ½ with 3 bedrooms plus an additional room, as well as four 3 ½ one-bedroom apartments. The ground-floor unit, with access to the basement, could be made available to the buyer, allowing them to enjoy a large living space while benefiting from the income generated by the other units.
Nearly $500,000 has been invested in renovations and improvements. Its corner lot configuration provides windows on three sides and exceptional natural light.
The building generates potential annual gross income of $121,296, with a fully optimized potential rental value of approximately $133,056.
Several optimization possibilities complement the existing potential: the potential to add large private terraces above the garages, rent storage lockers, optimize Wi-Fi costs, and add more units. Zoning H.2-4 would allow for 2 to 8 units, subject to verification with the relevant authorities.
Exceptional location near Mont-Royal Avenue, its cafes, restaurants, shops, and services, as well as parks, bike paths, and public transportation.
A quality asset in one of Montreal's most sought-after areas, already enhanced by significant investments and offering further optimization opportunities.
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The property will be sold without any express or implied warranty as to its condition, and the legal warranty against hidden defects, and more specifically the provisions of Articles 1726 et seq. of the Civil Code of Québec, will not apply. Furthermore, this sale will be made in accordance with Article 1731 of the Civil Code of Québec and at the purchaser's own risk.
25' X 43'30"
1932
Brick
25' X 85'
2,175 SF
Garage : 2
Highway , CEGEP , Daycare centre , Hospital , Metro , Park , Bicycle path , Elementary school , High school , Public transportation , University
Residential
Municipality
Municipality
Any device enabling the proper functioning of the BUILDING and any furniture or household appliances included in the leases.
The tenants' personal belongings, tools belonging to the owner or the concierge.
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