Income properties for sale
5949 - 5959, Avenue de l'Esplanade, Montréal (Le Plateau-Mont-Royal), Neighbourhood Mile-End
$1,500,000
$1,500,000
Income properties for sale
5949 - 5959, Avenue de l'Esplanade, Montréal (Le Plateau-Mont-Royal), Neighbourhood Mile-End
Features
Use of property
Residential
Year built
1910
Lot area
2,754 sqft
Number of units
Residential (6)
Residential units
4 x 4 ½, 2 x 5 ½
Potential gross revenue
$65,864
Additional features
Near the REM
Description
Beautiful 6-plex located in the Mile-End, between Bernard street and Van Horne avenue, in the heart of a vibrant central neighborhood known for the quality of its local shops and community life. This property is situated at the center of Montreal's Artificial Intelligence ecosystem, within 2 km of the new Université de Montréal MIL campus and MILA, a leading AI research institution, and just 800 meters from Ubisoft Montreal's offices. The current rents are extremely low, excellent potential to increase the revenues. A rare investment opportunity in a world-class sector.
Centris No. 10422074
Financial details
Municipal assessment (2025) | |
---|---|
Lot | $474,700 |
Building | $924,700 |
Total | $1,399,400 |
Taxes | |
---|---|
Municipal (2024) | $8,719 |
School (2024) | $1,121 |
Total | $9,840 |
Expenses | |
---|---|
Electricity | $570 |
Insurance | $3,902 |
Superintendent | $1,290 |
Maintenance | $3,660 |
Management/Administration | $2,720 |
Total | $12,142 |
See all financial details