Semi-commercial building located on the pedestrian street Prince-Arthur East, in the heart of Plateau-Mont-Royal. It features a large, bright two-story residential unit, rented for $4,500/month until April 30, 2026, and a vacant commercial space with excellent rental potential of approximately $3,000/month. Prime location just steps from Square Saint-Louis, Saint-Laurent Street, and Sherbrooke Metro. Constant foot traffic, diverse shops, lively cafés and restaurants, vibrant neighborhood life. Walk Score 100. Potential gross income: $75,600. Exceptional opportunity for investors or owner-occupiers.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Strategic Location Located on Prince-Arthur East, an iconic pedestrian street in the Plateau, the area combines tourism, cultural institutions, student life, and local shops. The natural foot traffic makes it ideal for a neighborhood business.
Property Type Semi-commercial duplex comprising:
Residential Unit: Large 10 ½ on two levels, rented for $4,500/month until 2026.
Commercial Unit: Vacant, with rental potential of approximately $3,000/month. Formerly an ice cream shop, suitable for various uses depending on zoning.
Zoning and Possible Uses The zoning allows for a variety of commercial or professional uses. The buyer must verify that their project complies with municipal regulations.
Highlights
Prime location on a pedestrian street
High foot traffic
Natural commercial visibility
Close to Square Saint-Louis, Sherbrooke metro, and university campuses
Vibrant area appreciated by both residents and visitors
Financials
Potential gross income: $75,600
Annual expenses: $14,152
Estimated net income: $61,448
Additional Information
Walk Score: 100
Important Note for the Buyer: The commercial portion of the property is subject to GST (5%) and QST (9.975%). The residential portion is not taxable.
Building details and property interior
Dimensions
24' 8" X 46' 8"
Year constructed
1896
Siding
Brick
Roofing
Asphalt and gravel
Basement
6 feet and more
Lot and exterior features
Lot size
81' 4" X 37'
Proximity
Highway, Réseau Express Métropolitain (REM), Commuter train, Public transportation