$1,720,000
New
ULS: 17724377
5-6-7-Plex
for sale
4800 - 4808 Rue Parthenais, Montréal (Le Plateau-Mont-Royal) (Le Plateau-Mont-Royal)
Rare 5-unit corner building in the heart of the Plateau-Mont-Royal! Ideal for investors or owner-occupants, with the option to vacate the spacious 9 ½ ground floor with basement. Also includes four 3 ½ apartments. Nearly $500,000 invested in renovations, windows on three sides, and excellent natural light. Potential income of $121,296 and up to approximately $133,056 after optimization. Potential for adding more units, subject to verification. Sought-after location near Mont-Royal Avenue, shops, restaurants, parks, and public transportation.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Property features
3
Bedrooms
2
Bathrooms
Addendum
Rare 5-unit building located on a corner lot in the heart of the Plateau-Mont-Royal! A sought-after opportunity for investors or owner-occupants looking to combine quality of life, income, and optimization potential.
The building includes a spacious 9 ½ with 3 bedrooms plus an additional room, as well as four 3 ½ one-bedroom apartments. The ground-floor unit, with access to the basement, could be made available to the buyer, allowing them to enjoy a large living space while benefiting from the income generated by the other units.
Nearly $500,000 has been invested in renovations and improvements. Its corner lot configuration provides windows on three sides and exceptional natural light.
The building generates potential annual gross income of $121,296, with a fully optimized potential rental value of approximately $133,056.
Several optimization possibilities complement the existing potential: the potential to add large private terraces above the garages, rent storage lockers, optimize Wi-Fi costs, and add more units. Zoning H.2-4 would allow for 2 to 8 units, subject to verification with the relevant authorities.
Exceptional location near Mont-Royal Avenue, its cafes, restaurants, shops, and services, as well as parks, bike paths, and public transportation.
A quality asset in one of Montreal's most sought-after areas, already enhanced by significant investments and offering further optimization opportunities.
***
The property will be sold without any express or implied warranty as to its condition, and the legal warranty against hidden defects, and more specifically the provisions of Articles 1726 et seq. of the Civil Code of Québec, will not apply. Furthermore, this sale will be made in accordance with Article 1731 of the Civil Code of Québec and at the purchaser's own risk.
The building includes a spacious 9 ½ with 3 bedrooms plus an additional room, as well as four 3 ½ one-bedroom apartments. The ground-floor unit, with access to the basement, could be made available to the buyer, allowing them to enjoy a large living space while benefiting from the income generated by the other units.
Nearly $500,000 has been invested in renovations and improvements. Its corner lot configuration provides windows on three sides and exceptional natural light.
The building generates potential annual gross income of $121,296, with a fully optimized potential rental value of approximately $133,056.
Several optimization possibilities complement the existing potential: the potential to add large private terraces above the garages, rent storage lockers, optimize Wi-Fi costs, and add more units. Zoning H.2-4 would allow for 2 to 8 units, subject to verification with the relevant authorities.
Exceptional location near Mont-Royal Avenue, its cafes, restaurants, shops, and services, as well as parks, bike paths, and public transportation.
A quality asset in one of Montreal's most sought-after areas, already enhanced by significant investments and offering further optimization opportunities.
***
The property will be sold without any express or implied warranty as to its condition, and the legal warranty against hidden defects, and more specifically the provisions of Articles 1726 et seq. of the Civil Code of Québec, will not apply. Furthermore, this sale will be made in accordance with Article 1731 of the Civil Code of Québec and at the purchaser's own risk.
Building details and property interior
Dimensions
25' X 43' 3"
Year constructed
1932
Siding
Brick
Lot and exterior features
Lot size
25' X 85'
Lot area
2,175 ft²
Parking (total)
Garage (2)
Proximity
CEGEP, Daycare centre, Hospital, Metro, Park, Highway, Elementary school, High school, Public transportation, University, Bicycle path
Characteristics
Water Supply
Municipality
Sewage System
Municipality
Occupancy
Single
Financial details
Municipal assessment (2026)
- Lot assessment
- $ 485,000
- Building assessment
- $ 669,400
- Total
- $ 1,154,400
Taxes
- Municipal (2026)
- $ 7,277
- School (2026)
- $ 863
- Total
- $ 8,140
Gross annual revenues (potential)
- Residential
- $ 108,840
- Parking
- $ 9,000
- Other
- $ 864
- Total
- $ 118,704
Inclusions and exclusions
Inclusions
Any device enabling the proper functioning of the BUILDING and any furniture or household appliances included in the leases.
Exclusions
The tenants' personal belongings, tools belonging to the owner or the concierge.
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.