1550 Rue Marie Anne E., Montréal (Le Plateau-Mont-Royal), QC H2J2B7    $2,349,000

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.