Prime location in the heart of the Plateau-Mont-Royal, just steps from Mont-Royal metro station and the shops, cafés, and restaurants along Mont-Royal Avenue! This five-unit property presents an excellent opportunity for an investor or future owner-occupant looking to eventually move into the spacious ground-floor apartment. Four additional units occupy the upper floors. The ground floor also benefits from a large, partially finished basement offering tremendous potential for further development. A double garage completes this versatile property, located in one of Montreal’s most sought-after neighbourhoods!
In the heart of the Plateau-Mont-Royal, this rare 1927 quintuplex embodies the character of Montreal architecture, with its original mouldings carefully preserved. It includes a spacious ground-floor unit with a basement and four units on the upper floors. Its full-sun exposure and prime location make it a solid investment. With outdoor spaces, a garage and La Fontaine Park just steps away, the property offers a wealth of advantages in a neighbourhood where everything is within walking or cycling distance.PROPERTY FEATURES- Beautiful five-unit building on three storeys above ground, with basement- Masonry façade, heritage-style cornice and balconies typical of the neighbourhood- Very large ground-floor unit with three bedrooms and two office spaces, offering great layout flexibility- High-ceilinged basement: family room, laundry room, second bathroom and storage- Upper-floor units with open-concept kitchen and living room opening onto the rear balconies- Sun-filled windows and views of Mount Royal- Double garage, currently vacant, with direct access from Chateaubriand StreetRENTAL INCOME- Effective annual rental income: $108,540 for the five units- Estimated rental value of the garage: $300 per month, or $3,600 per year- Potential annual income: $112,140, garage included (this amount includes projected income not currently being collected)LOCATION- In the heart of the Plateau-Mont-Royal, close to La Fontaine Park- Shops, cafés, restaurants and services on Rachel Street, Saint-Denis Street and Mont-Royal Avenue- Sherbrooke metro station about an eight-minute walk away- Several bus lines nearbyACCESSIBILITY- Walk Score: 100/100 — daily errands do not require a car- Transit Score: 76/100 — excellent public transit for most tri...
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