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Income properties for sale

5160 - 5170, Rue Saint-Hubert, Montréal (Le Plateau-Mont-Royal), Neighbourhood Le Plateau-Mont-Royal

$4,150,000 or
$4,150,000 or

Income properties for sale

5160 - 5170, Rue Saint-Hubert, Montréal (Le Plateau-Mont-Royal), Neighbourhood Le Plateau-Mont-Royal

Features

Lifestyle
28758075 4150000 /en/multi-family-properties~for-sale~montreal-le-plateau-mont-royal/28758075?view=Summary&uc=243 /fr/multifamilial~a-vendre~montreal-le-plateau-mont-royal/28758075 https://passerelle.centris.ca/redirect.aspx?NoMLS=28758075&Lang=E&source=centris.ca /en/multi-family-properties~for-sale~montreal-le-plateau-mont-royal/28758075/photos 45.5292190000 -73.5890700000 true
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
98

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

Listing brokers

George Papadakos, Commercial Real Estate Broker

George Papadakos

Commercial Real Estate Broker
Services immobiliers George Papadakos inc.

ENGEL & VÖLKERS MONTRÉAL

Real Estate Agency
ENGEL & VÖLKERS MONTRÉAL, Real Estate Agency
Nicolas Hovsepyan, Residential Real Estate Broker

Nicolas Hovsepyan

Residential Real Estate Broker
Nicolas Hovsepyan Inc.

ENGEL & VÖLKERS MONTRÉAL

Real Estate Agency
ENGEL & VÖLKERS MONTRÉAL, Real Estate Agency
Vahé Shaldjian, Residential and Commercial Real Estate Broker

Vahé Shaldjian

Residential and Commercial Real Estate Broker
Vahé Shaldjian Inc.

ENGEL & VÖLKERS MONTRÉAL

Real Estate Agency
ENGEL & VÖLKERS MONTRÉAL, 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.
  • Learn more about property transfer tax by clicking here.
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