Income properties for sale
1559, Avenue du Docteur-Penfield, Montréal (Ville-Marie), Neighbourhood Golden Square Mile
$12,500,000
$12,500,000
Income properties for sale
1559, Avenue du Docteur-Penfield, Montréal (Ville-Marie), Neighbourhood Golden Square Mile
Features
Use of property
Residential
Year built
1915
Lot area
5,447 sqft
Parking (total)
Driveway (3), Garage (6)
Number of units
Residential (9)
Residential units
2 x 3 ½, 6 x 5 ½, 1 x 6 ½
Main unit
6 rooms, 4 bedrooms, 4 bathrooms
Potential gross revenue
750,000 $
Additional features
Elevator, Basement 6 feet or +
Description
Located in the heart of the Golden Square Mile, this recently reconstructed turn-of-the-century property features 9 expertly appointed units ranging from studios to three-bedroom apartments. The crown-jewel is a massive Penthouse with outdoor space and city views. Whether as revenue generating property, a conversion to a boutique hotel or to condos, or for an owner-occupant wanting to benefit from substantial income, the potential is limitless. A 6-car integrated garage and a driveway for 3 cars completes this unique offering.
Centris No. 17300697
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Financial details
Municipal assessment (2025) | |
---|---|
Lot | $1,163,800 |
Building | $4,590,200 |
Total | $5,754,000 |
Taxes | |
---|---|
Municipal (2025) | $35,836 |
School (2024) | $4,742 |
Total | $40,578 |
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