This strategic real estate asset is located in one of Montreal's most sought-after neighbourhoods, in close proximity to the beautiful Laurier Park and the metro station of the same name. This 3-storey building comprises 8 four-and-a-half-room apartments and offers particularly strong income potential. The location stands out for its outstanding accessibility, boasting an excellent Walk Score of 98 and a perfect Bike Score of 100. This reflects quick and convenient access on foot or by bicycle to all neighbourhood amenities: public transit, cafés, restaurants, schools, and shops. A sound investment in the heart of a dynamic market.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Income Property - Strategic Location for Optimized Revenue!
An excellent opportunity for investors seeking an asset that generates reliable income. Ideally located in a central and sought-after area, this 8-unit building offers outstanding financial stability with a 100% occupancy rate.
The property features a highly desirable unit mix that effectively meets local rental market demand:
Units 1 and 2: Two 3½ units, functional and easy to rent. Units 3 to 8: Six spacious 4½ units benefiting from abundant natural light.
Highlights:
Desirable outdoor spaces: Units on the second and third floors enjoy large private terraces, a distinctive feature that contributes to strong rental value and encourages long-term tenant retention. Simplified management: The building has benefited from consistent and rigorous maintenance over the years, providing valuable peace of mind for investors. Stable investment: A well-maintained property, fully leased and ideally located.
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The present sale is made without any legal warranty of quality , at the buyer's risk.
Building details and property interior
Dimensions
44' X 40'
Year constructed
1944
Living area
5,220 ft²
Lot and exterior features
Lot size
44' X 75'
Lot area
3,298 ft²
Proximity
Daycare centre, Metro, Park, Bicycle path, Elementary school, High school, Public transportation
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2026)
Lot assessment
$ 689,400
Building assessment
$ 1,260,100
Total
$ 1,949,500
Taxes
Municipal
(2026)
$ 11,787
School
(2026)
$ 1,411
Total
$ 13,198
Annual expenses
Insurance
$ 6,229
Total
$ 6,229
Energy expenses
Electricity
$ 440
Total
$ 440
Gross annual revenues (potential)
Residential
$ 154,440
Total
$ 154,440
Inclusions and exclusions
Inclusions
8 Hot water heaters. All of the above are included without warranty of quality.