Exceptional 8-unit property, fully renovated and meticulously maintained by the same owner for 28 years. Ideally located in the heart of Plateau-Mont-Royal, steps from Parc La Fontaine, it offers strong, stable income with significant potential for rent increases. Brick façade completely rebuilt; roof, kitchens, bathrooms, windows, stairs and foundation piles redone. A rare turnkey investment combining prime location, quality and performance -- an opportunity not to be missed!
This 8-unit building in Plateau-Mont-Royal represents a rarity on the market: completely renovated and maintained with exemplary care by the same owner for nearly three decades (28 years). Located just steps from Parc La Fontaine, it combines a prestigious location, quality construction, and stable income, while offering real potential for rent increases with renewals.
The building includes a balanced mix of 3.5, 4.5, and one 5.5 apartments, as well as two outdoor parking spaces. The renovations cover all major elements:
- Completely rebuilt brick facade, offering exceptional character and durability.
- Kitchens and bathrooms redone in all units.
- Commercial-grade windows and exterior doors.
- Renovated stairs and common areas.
- Roof replaced.
- Foundations stabilized by piling.
Gross revenues reached $126,192 and net income (NOI) $103,849 for a normalized AGR of almost 4% (very rare for a renovated property with such good revenues), with significant room for growth through gradual rent adjustments to the market. The building compares favorably to recent offerings, while benefiting from a superior location.
- Target closing: January 2026 (seller's tax reason).
A turnkey property, ideal for an investor looking to secure a sustainable asset in one of Montreal's most sought-after areas.
Type | |
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Style | Attached |
Dimensions | 0x0 |
Lot Size | 466.1 MC |
Insurance | $ 7819 / year |
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Municipal Taxes (2025) | $ 12877 / year |
School taxes (2025) | $ 1648 / year |
Siding | Brick |
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Sewage system | Municipal sewer |
Water supply | Municipality |
Parking | Outdoor |
Zoning | Residential |
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