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Income properties for sale

5011 - 5111, Avenue du Parc, Montréal (Le Plateau-Mont-Royal), Neighbourhood Mile-End

$7,290,000 or
$7,290,000 or

Income properties for sale

5011 - 5111, Avenue du Parc, Montréal (Le Plateau-Mont-Royal), Neighbourhood Mile-End

Features

Lifestyle
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Use of property
Residential, Commercial
Year built
1935
Building area (at ground level)
7,890 sqft
Living area
20,034 sqft
Lot area
7,890 sqft
Fireplace/Stove
Gas stove
Number of units
Residential (12), Commercial (5)
Residential units
12 x Other
Potential gross revenue
$517,353
100

Description

Semi-commercial 3-storey-building with 12 residential units and 5 commercial locals Description des unités -- Unit size 7 x 3.5; 2 x 4.5; 3 x 5.5. Three units have been renovated.
Centris No. 14685635

Financial details

Municipal assessment (2024)
Lot $1,478,200
Building $5,302,200
Total $6,780,400
Taxes
Municipal (2024) $106,098
School (2023) $5,559
Total $111,657
Expenses
Electricity $1,265
Gas $25,566
Insurance $21,756
Superintendent $8,400
Maintenance $6,000
Total $62,987

Listing broker

Michel Bensmihen, Residential and Commercial Real Estate Broker

Michel Bensmihen

Residential and Commercial Real Estate Broker

CONCORDIA IMMOBILIER INTERNATIONAL

Real Estate Agency
CONCORDIA IMMOBILIER INTERNATIONAL, Real Estate Agency

Location

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Discover Montréal (Le Plateau-Mont-Royal)

Population (2016) 104,000
Population variation between 2011 and 2016 4%
Population density 12,855 hab/km2
Unemployment rate (2016) 8%

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property. Click here for more information.
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