Income properties for sale
5160 - 5170, Rue Saint-Hubert, Montréal (Le Plateau-Mont-Royal), Neighbourhood Le Plateau-Mont-Royal
$4,150,000
$4,150,000
Income properties for sale
5160 - 5170, Rue Saint-Hubert, Montréal (Le Plateau-Mont-Royal), Neighbourhood Le Plateau-Mont-Royal
Features
Use of property
Residential
Year built
1945
Living area
10,435 sqft
Lot area
92,228 sqft
Parking (total)
Driveway (10)
Number of units
Residential (16)
Residential units
4 x 3 ½, 12 x 4 ½
Potential gross revenue
$262,632
Description
Revenue property, located in the heart of Plateau Mont-Royal, offering a prime investment opportunity comprising two buildings, each featuring 8 unrenovated units. Situated in a high-demand residential area with limited supply, the property presents significant upside potential through renovations, allowing for higher rental income in one of Montreal's most desirable neighborhoods. With strong rental demand and the potential for substantial value appreciation, this is an exceptional opportunity for investors seeking long-term growth.
Centris No. 28758075
Financial details
Municipal assessment (2021) | |
---|---|
Lot | $686,900 |
Building | $1,024,600 |
Total | $1,711,500 |
Taxes | |
---|---|
Municipal (2024) | $21,681 |
School (2024) | $2,799 |
Total | $24,480 |
Expenses | |
---|---|
Electricity | $14,466 |
Gas | $8,618 |
Maintenance | $7,481 |
Management/Administration | $7,481 |
Insurance | $9,302 |
Total | $47,348 |
See all financial details