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5181 Boul. St Laurent, MontrĂ©al (Le Plateau-Mont-Royal), QC H2T1R9    $3,690,000

Exterior

Exterior

Exterior

Living room

Dining room

Dining room

Kitchen

Dining room

Kitchen

MLS: 20915591
1 1985 494.4 MC

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.


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.

Inclusions: According to the leases


Exclusions : Tenant's belonging

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
Room Dimensions Level Flooring
N/A
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