$3,150,000
New
ULS: 14340569
Residential
for sale
Av. Alexandra, Montréal (Rosemont/La Petite-Patrie) (La Petite-Patrie)
INVESTORS AND DEVELOPERS, take note! Strategically located building lot in Rosemont--La Petite-Patrie (Saint-Édouard), a high rental-demand sector. Residential zoning H.2-4 allowing a contiguous 2 to 3-storey project: potential to build 2 x 8 dwellings (to be confirmed with the competent authorities). Exceptional return and appreciation potential in a supply-starved market. Rarely available -- seize the opportunity!
Sale with exclusion(s) of legal warranty - See listing broker(s)
Lot area
661.30 m²
Addendum
INVESTMENT OPPORTUNITY -- RESIDENTIAL DEVELOPMENT IN ROSEMONT--LA PETITE-PATRIE
A rare chance to acquire a building lot in one of Montreal's most sought-after areas, the Saint-Édouard district, known for its high rental density, low vacancy rate and sustained demand. A prime location to build, lease and grow your portfolio.
RETURN POTENTIAL
The applicable zoning (Zone 0005, Urban Planning By-law 01-279) authorizes a residential use of category H.2-4, i.e. buildings of 2 to 8 dwellings, in contiguous mode, on 2 to 3 storeys (max. height 12.5 m). Depending on the chosen configuration, it would be possible to develop a 2 x 8 dwelling project -- an ideal rental volume to maximize income and leverage.
Authorized parameters:
Density (FSI): 1.26 to 3
Site coverage: 50% to 70%
Minimum greening: 25%
No minimum parking required (lower construction costs)
WHY INVEST HERE
Rosemont--La Petite-Patrie combines a central location, proximity to public transit, shops and services, and a stable tenant base. Building new in this market means securing competitive rents, low vacancy and long-term appreciation. A quality asset for the savvy investor or developer.
TO BE VERIFIED BY THE BUYER
Any construction or development project remains the buyer's sole responsibility. The buyer must validate feasibility, uses, density, height and any other applicable standard with the competent authorities (the borough and the City of Montreal) prior to any commitment. The information provided is for indicative purposes only and constitutes no guarantee as to the realization of a project or its return.
RIGHT OF PRE-EMPTIOn
The buyer is advised that this lot may be subject to a right of pre-emption held by the City of Montreal, granting it a 60-day period to exercise its priority right to acquire the property.
Building lots of this quality are increasingly rare. Position your next profitable project now -- submit your offer!
A rare chance to acquire a building lot in one of Montreal's most sought-after areas, the Saint-Édouard district, known for its high rental density, low vacancy rate and sustained demand. A prime location to build, lease and grow your portfolio.
RETURN POTENTIAL
The applicable zoning (Zone 0005, Urban Planning By-law 01-279) authorizes a residential use of category H.2-4, i.e. buildings of 2 to 8 dwellings, in contiguous mode, on 2 to 3 storeys (max. height 12.5 m). Depending on the chosen configuration, it would be possible to develop a 2 x 8 dwelling project -- an ideal rental volume to maximize income and leverage.
Authorized parameters:
Density (FSI): 1.26 to 3
Site coverage: 50% to 70%
Minimum greening: 25%
No minimum parking required (lower construction costs)
WHY INVEST HERE
Rosemont--La Petite-Patrie combines a central location, proximity to public transit, shops and services, and a stable tenant base. Building new in this market means securing competitive rents, low vacancy and long-term appreciation. A quality asset for the savvy investor or developer.
TO BE VERIFIED BY THE BUYER
Any construction or development project remains the buyer's sole responsibility. The buyer must validate feasibility, uses, density, height and any other applicable standard with the competent authorities (the borough and the City of Montreal) prior to any commitment. The information provided is for indicative purposes only and constitutes no guarantee as to the realization of a project or its return.
RIGHT OF PRE-EMPTIOn
The buyer is advised that this lot may be subject to a right of pre-emption held by the City of Montreal, granting it a 60-day period to exercise its priority right to acquire the property.
Building lots of this quality are increasingly rare. Position your next profitable project now -- submit your offer!
Lot and exterior features
Lot area
661.30 m²
Proximity
Highway, CEGEP, Daycare centre, Hospital, Metro, Park, Bicycle path, High school, Public transportation
Characteristics
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2024)
- Lot assessment
- $ 899,400
- Building assessment
- $ 1
- Total
- $ 899,401
Taxes
- Municipal (2026)
- $ 22,517
- School (2025)
- $ 676
- Total
- $ 23,193
Inclusions and exclusions
Mortgage payment calculator
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