Prime investment opportunity located just steps from the University of Montreal and within walking distance of three subway stations: metro Côte des Neiges, metro Édouard Montpetit, and metro Université de Montréal; this impressive 29-unit detached building presents an exceptional blend of location, convenience, and long-term value. With 28,515 sq ft of building space across five floors plus a basement, the property offers excellent optimization potential, allowing for enhancements that could further boost its value in one of Montreal's most desirable neighbourhoods.
1959
Sliding
Brick
Asphalt and gravel
13 spaces
The building features various units, including two expansive penthouses with rooftop terrasse, that offer an elevated living experience. Each floor accommodates six units (seven on the second floor) equipped with stoves and refrigerators. Tenants benefit from individual gas heating with personal thermostats, while the owner covers the cost of heating and hot water. The tenants are responsible for electricity costs.
In addition to the well-appointed living spaces, the 17 lockers provide storage for the larger 4.5 units. This solidly built, well-maintained property is a sound investment with strong rental potential.
This is a rare opportunity to acquire a robust building with high optimization potential in one of Montreal's most sought-after areas. It offers proximity to key amenities, public transport, and the vibrant university district. Don't miss out on this chance to secure a high-performing asset with room for growth.
Note:
Please use the harmonization parameters used by CMHC for the expenses, vacancies, bad debt, administration, and maintenance reserved for the janitor. The listing sheet displays only expenses with supporting documentation.
This sale is made without legal quality warranty, at the buyer's risk.
The occupants of PH2 have the benefit of remaining as tenants for three years.
Two of the owners are non-residents.
Please note that a seller's inspection report will be attached to the listing. This inspection report will serve as the seller's declaration and must be signed by the potential buyer when submitting an offer.
At the SELLERS' request ( to multiple owners), all offers must be emailed to info@papachristou.ca, allowing for a response time of 5 business days.
ACCEPTANCE OF PURCHASE OFFERS IN ENGLISH
Notwithstanding the requirements of Bill 96 regarding the official and common language of Quebec, which stipulates that documents for a real estate transaction must be drafted in French, the SELLER agrees to accept purchase offers written in English but reserves the right to respond in French, in accordance with the law.
1959
Sliding
Brick
Asphalt and gravel
13 spaces
100' X 107' Irregular
10,843.56 SF
Asphalt
Garage : 13
Highway , CEGEP , Hospital , Metro , Park , Public transportation , University
Residential
Natural gas
Municipality
Municipality
29 stoves and 29 refrigerators
Tenants belongings
My name is CATHERINE PAPACHRISTOU, RE/MAX real estate broker. How may I help you?
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RE/MAX 2000 | 830, boul. Curé-Labelle, Laval (Chomedey), Québec, H7V 2V3
RE/MAX 2000 | 830, boul. Curé-Labelle, Laval (Chomedey), Québec, H7V 2V3
RE/MAX 2000 | 830, boul. Curé-Labelle, Laval (Chomedey), Québec, H7V 2V3
Hello, my name is CATHERINE PAPACHRISTOU, real estate broker. Contact me for more information.
Hello, my name is CHRIS JEREMY PAPACHRISTOU INC., real estate broker. Contact me for more information.
Hello, my name is ATHYNA PAPACHRISTOU INC., real estate broker. Contact me for more information.
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