Income properties for sale
5937Z - 5959Z, Avenue de l'Esplanade, Montréal (Le Plateau-Mont-Royal), Neighbourhood Mile-End
$3,000,000
$3,000,000
Income properties for sale
5937Z - 5959Z, Avenue de l'Esplanade, Montréal (Le Plateau-Mont-Royal), Neighbourhood Mile-End
Features
Use of property
Residential
Year built
1910
Lot area
5,492 sqft
Number of units
Residential (12)
Residential units
8 x 4 ½, 4 x 5 ½
Potential gross revenue
$128,704
Additional features
Near the REM
Description
Two beautiful 6-plexes 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. 18768184
Financial details
Municipal assessment (2025) | |
---|---|
Lot | $946,400 |
Building | $1,852,400 |
Total | $2,798,800 |
Taxes | |
---|---|
Municipal (2024) | $17,438 |
School (2025) | $2,242 |
Total | $19,680 |
Expenses | |
---|---|
Electricity | $2,063 |
Insurance | $7,828 |
Superintendent | $2,580 |
Maintenance | $7,320 |
Management/Administration | $5,315 |
Total | $25,106 |
See all financial details