Excellent investment opportunity in the heart of Plateau-Mont-Royal. The property features four 3½ units, three 2½ units and one 5½ unit, all fully furnished and equipped, along with three parking spaces. Strategically located within walking distance of Mont-Royal and Sherbrooke metro stations, La Fontaine Park, and a wide selection of popular shops and restaurants. Potential for expansion to be considered -- see addendum for further details.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Character property located in the heart of Plateau-Mont-Royal at 3999 Saint-Hubert Street. The building consists of four 3½ units, three 2½ units and one 5½ unit, all fully furnished and equipped, along with three parking spaces.
AAA location, on one of the most desirable streets in Plateau-Mont-Royal. The property is always fully rented and benefits from strong rental demand.
LOCATION -- IDEAL FOR AN ACTIVE URBAN LIFESTYLE
Restaurants, boutiques, SAQ and cocktail bars
Mont-Royal metro station
Sherbrooke metro station
La Fontaine Park
Walker's Paradise
Biker's Paradise
According to current zoning, a potential rear expansion of the building may be possible. The rear of the property faces directly onto Saint-Christophe Street. Any project must be verified by the buyer with the City, based on the applicable regulations.
Capital expenditures completed in recent years: 2023: replacement and reinforcement of balcony railings 2022: new roof with a 10-year warranty (Toiture Montréal) 2021--2022: stabilization work completed by Bisson Expert
Building details and property interior
Dimensions
25' 2" X 86' 5" irr.
Year constructed
1910
Basement
Low (less than 6 feet), Outdoor entrance, Crawl space
Lot and exterior features
Lot size
25' 2" X 134' 7" irr.
Lot area
314.10 m²
Parking (total)
Driveway (3)
Characteristics
Heating System
Electric baseboard units
Water Supply
Municipality
Sewage System
Municipality
Environmental Study
Phase 1 (2006, 09)
Financial details
Municipal assessment (2024)
Lot assessment
$ 1,243,800
Building assessment
$ 1,243,800
Total
$ 2,487,600
Taxes
Municipal
(2026)
$ 12,956
School
(2026)
$ 1,552
Total
$ 14,508
Annual expenses
Insurance
$ 10,378
Other
$ 1,945
Total
$ 12,323
Energy expenses
Electricity
$ 10,293
Total
$ 10,293
Gross annual revenues (potential)
Residential
$ 180,660
Parking
$ 2,100
Total
$ 182,760
Inclusions and exclusions
Inclusions
The units are fully furnished and equipped
Exclusions
Tenants' personal belongings
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.