Magnificent 5-plex with a 30-foot frontage, meticulously maintained and renovated over the years, generating $68,940 in annual gross income! Elastomeric membrane roof, replaced doors and windows, and new water heaters (2024). Spacious main floor featuring 3 bedrooms, 9-foot ceilings, propane fireplace, renovated terrace (2025), yard and shed. Four upstairs 3½ units of approximately 650 sq. ft. each, all rented until June 30,2027. One outside parking space is included. Ideally located within a 10-minute walk of Préfontaine and Joliette metro stations, near Ontario Street, shops, restaurants and amenities.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Beautiful 5-plex, well maintained and renovated over the years, offering an excellent investment opportunity with annual gross income of $68,940. Owned by the same family for over 23 years, this property features a spacious 30-foot frontage and is ideally located close to all amenities.
**RENOVATIONS AND IMPROVEMENTS:**
- Aluminum doors and windows at the front - Rear patio door and window replaced - Elastomeric membrane roof - New hot water tanks (2024) - Several improvements and renovations completed over the years - Brickwork and foundation in excellent condition, according to the sellers
**GROUND FLOOR:**
- Spacious unit featuring 3 closed bedrooms, including a primary bedroom measuring approximately 11 x 17 ft - 9-foot ceilings - Bright entrance with a wide 5-foot hallway - Propane fireplace - Bathroom with double sinks, separate bathtub and shower - Washer and dryer connections in the bathroom - New wooden rear terrace (2025) - Outdoor space that can be used for parking or as a garden - Large storage shed
**UPPER FLOORS:**
The property offers four 3½ apartments of approximately 650 sq. ft. each, featuring:
- Spacious enclosed rooms measuring approximately 13 x 13 ft - Open-concept living rooms and kitchens - Washer and dryer connections in the bathrooms - Various renovations completed over the years - All units currently rented
**LOCATION:**
Conveniently located within approximately 10 minutes' walking distance of Préfontaine and Joliette metro stations and about 10 minutes by car from downtown Montreal.
Close to public transportation, Ontario Street, grocery stores, supermarkets, bakeries, cafés, restaurants, pharmacies, Place Valois, Théâtre Denise-Pelletier and several other services.
**ADDITIONAL INFORMATION:**
- Annual gross rental income of $68,940 - Five leases signed until June 30, 2027
An excellent opportunity for investors looking for a well-maintained income property in a convenient Montreal location.
Building details and property interior
Year constructed
1910
Living area
372 m²
Siding
Brick
Roofing
Elastomeric membrane
Kitchen Cabinets
Wood, Melamine
Lot and exterior features
Lot area
262 m²
Driveway
Crushed Gravel
Parking (total)
Driveway (1)
Proximity
CEGEP, Daycare centre, Golf, Hospital, Metro, Park, Bicycle path, Elementary school, High school, Cross-country skiing, Snowmobile trail, Commuter train, Public transportation, University, Highway
Characteristics
Heating Energy
Electricity
Fireplace-Stove
Propane fireplace
Property or unit amenity
Central vacuum cleaner system installation
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2024)
Lot assessment
$ 353,700
Building assessment
$ 711,300
Total
$ 1,065,000
Taxes
Municipal
(2026)
$ 7,007
School
(2026)
$ 800
Total
$ 7,807
Gross annual revenues (potential)
Residential
$ 68,940
Total
$ 68,940
Inclusions and exclusions
Mortgage payment calculator
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This document is not an offer or a promise that may bind the seller, but is an invitation to submit such offers or promises.