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5181 Boul. St Laurent
Montréal (Le Plateau-Mont-Royal), QC H2T1R9
$3,690,000
MLS#
20915591
Bathrooms:
1
Type:
Livable Area:
494.4 MC
Year Built:
1985
Bedrooms:
0
Lot Area:
353 MC
Potential gross revenue:
$212,052
Description

A rare investment opportunity in Montreal's highly sought-after Plateau area. Built in 1985, this well-maintained mixed-use property is located on the prime corner of St-Laurent Street and Fairmount Street, offering exceptional visibility, convenience, and long-term appreciation potential. The building includes 8 fully rented units--6 residential and 2 commercial--generating a strong annual income of 204,972. The six residential units were completely renovated in 2020, providing modern, high-quality living spaces. Tenants pay their own electricity and heating, ensuring low operating costs for the owner.

Inclusions

According to the leases

Exclusions

Tenant's belonging

Municipal land valuation

$935,500

Municipal building valuation

$1,864,600

More information

A rare opportunity makes a stunning debut! Located in the most popular PLATEAU area on Montreal Island, a high-quality investment property built in 1985 is officially for sale. This is a rare opportunity not to be missed! The property sits on the prime corner of St-Laurent Street and Fairmount Street, offering both convenient lifestyle amenities and strong appreciation potential.

The building consists of 8 units in total, including 6 residential units and 2 commercial units. All are currently rented, generating a total annual rent of 204,972, providing stable cash flow. The 6 residential units on the upper floors were completely renovated in 2020, offering excellent living quality. Tenants pay for their own electricity and heating, which keeps the owner's expenses low.

The property has a walk score of 95 and a bike score of 100, making it a true example of urban living. Laurier Metro Station and Mount Royal are within walking distance, and the area is surrounded by two major parks. Restaurants, cafes, and boutique shops are just steps away, making it highly favored by young professionals and long-term tenants.

In addition, the property has 4 parking spaces in the backyard, which can be rented out separately. The overall condition is very good, management is simple, and maintenance costs are extremely low, requiring almost no effort. This is a premium asset tailored for long-term investors, offering unmatched advantages in terms of preservation, appreciation, and stable income.

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Building
Type
Style Attached
Dimensions 11.51x14.48 M
Lot Size 353 MC
Expenses
Insurance $ 10659 / year
Energy cost $ 306 / year
Municipal Taxes (2025) $ 24782 / year
School taxes (2025) $ 1446 / year
Characteristics
Driveway Asphalt
Proximity Cegep, Daycare centre, Elementary school, High school, Hospital, Park - green area, Public transport, University
Zoning Commercial, Residential
Roofing Elastomer membrane
Heating system Electric baseboard units
Heating energy Electricity
Sewage system Municipal sewer
Water supply Municipality
Basement No basement
Parking Outdoor
Foundation Poured concrete
Equipment available Ventilation system
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Informations

Ella Xu
Ella Xu

Residential and Commercial Real Estate Broker

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