$10,500,000
New
ULS: 17125861
16+-Plex
for sale
5430 - 5440 Rue Beaubien E., Montréal (Rosemont/La Petite-Patrie) (Nouveau-Rosemont)
Rare opportunity to acquire a 40-unit property(2x20), remarkably well maintained and improved over the years. 39 of the 40 units have been renovated, with redone bathrooms and modernized kitchens. Major improvements include plumbing, water heaters, window sills, masonry, balconies, electric heating, fire alarm system and more. Includes 4 double garages, including one unique double-width, double-depth garage with epoxy flooring, 36 lockers and laundry income. Strategic location near Maisonneuve-Rosemont and Santa Cabrini hospitals, Assomption metro and the future Blue Line station. A quality property offering stability and value-add potential!
Sale with exclusion(s) of legal warranty - See listing broker(s)
Addendum
Rare opportunity to acquire an exceptional 40-unit asset (2x20), consisting of 21 3½ units and 19 4½ units. Meticulously maintained by the current owners, the property stands out for the numerous improvements completed over the years. It includes 4 double garages, including a unique double-width, double-depth garage with an epoxy floor. Prime location just steps from Maisonneuve-Rosemont Hospital and Santa Cabrini Hospital, Maisonneuve Park, near Assomption metro station and the future Blue Line station.
UNITS
39 of the 40 units have been renovated since 2014. Bathrooms were redone, including tubs, plumbing, ceramic tile, sinks and toilets. Kitchens have also been refreshed over the years, with some undergoing more extensive renovations. Approximately 75% of the units feature hardwood floors and approximately 25% have laminate flooring. Kitchen range hoods and bathroom exhaust fans venting directly outdoors were installed in 39 of the 40 units.
The only unrenovated unit is a 4½ that will be available to the buyer, offering attractive value-add potential. Three additional units are currently vacant and are expected to be re-rented shortly.
An office space with a separate entrance and distinct address at 6498 boul. de l'Assomption has been used for storage by the current owners and has never been rented since 2014. The buyer shall conduct their own due diligence regarding its potential use.
ELECTRICITY, HEATING & HOT WATER
Converted to individual electric heating with electronic thermostats; electricity and heating are paid by the tenants. Several electrical panel upgrades have been completed. Two new central gas-fired water heaters were installed in 2024, representing an investment of approximately $60,000. Hot water is included in the leases. A significant portion of the plumbing has also been replaced with PVC over the course of the renovations.
FIRE SAFETY & COMMON AREAS
The addressable fire alarm system was completely redone around 2015-2016, as were the intercom systems. New fire-rated steel doors were installed in the corridors and common areas. The entrance halls, lighting and several common-area finishes were renovated while preserving the original terrazzo.
BUILDING ENVELOPE
Caulking around doors and windows was redone, the majority of the window sills were replaced, and nearly all aluminum balconies were replaced. The rear brick façade was completely rebuilt at 5440, along with the upper portion of the wall facing L'Assomption.
GARAGES, STORAGE & OTHER
3 double garages, 1 unique double-width, double-depth garage and 36 storage lockers. The rear asphalt was redone. The laundry facilities generate approximately $9,000 per year.
A Phase II environmental assessment was completed in 2014. The two buildings are considered to function as a single real estate complex. The information shown in the property description combines both buildings. Property visits will be permitted upon an accepted promise to purchase.
UNITS
39 of the 40 units have been renovated since 2014. Bathrooms were redone, including tubs, plumbing, ceramic tile, sinks and toilets. Kitchens have also been refreshed over the years, with some undergoing more extensive renovations. Approximately 75% of the units feature hardwood floors and approximately 25% have laminate flooring. Kitchen range hoods and bathroom exhaust fans venting directly outdoors were installed in 39 of the 40 units.
The only unrenovated unit is a 4½ that will be available to the buyer, offering attractive value-add potential. Three additional units are currently vacant and are expected to be re-rented shortly.
An office space with a separate entrance and distinct address at 6498 boul. de l'Assomption has been used for storage by the current owners and has never been rented since 2014. The buyer shall conduct their own due diligence regarding its potential use.
ELECTRICITY, HEATING & HOT WATER
Converted to individual electric heating with electronic thermostats; electricity and heating are paid by the tenants. Several electrical panel upgrades have been completed. Two new central gas-fired water heaters were installed in 2024, representing an investment of approximately $60,000. Hot water is included in the leases. A significant portion of the plumbing has also been replaced with PVC over the course of the renovations.
FIRE SAFETY & COMMON AREAS
The addressable fire alarm system was completely redone around 2015-2016, as were the intercom systems. New fire-rated steel doors were installed in the corridors and common areas. The entrance halls, lighting and several common-area finishes were renovated while preserving the original terrazzo.
BUILDING ENVELOPE
Caulking around doors and windows was redone, the majority of the window sills were replaced, and nearly all aluminum balconies were replaced. The rear brick façade was completely rebuilt at 5440, along with the upper portion of the wall facing L'Assomption.
GARAGES, STORAGE & OTHER
3 double garages, 1 unique double-width, double-depth garage and 36 storage lockers. The rear asphalt was redone. The laundry facilities generate approximately $9,000 per year.
A Phase II environmental assessment was completed in 2014. The two buildings are considered to function as a single real estate complex. The information shown in the property description combines both buildings. Property visits will be permitted upon an accepted promise to purchase.
Building details and property interior
Dimensions
107' X 93' 4" irr.
Year constructed
1963
Siding
Stone, Brick
Roofing
Asphalt and gravel
Garage
Heated, Double width or more, Built-in
Washer/Dryer (installation)
Laundry rooms (SS)
Renovations
Central gas-fired water heaters (2024, 60000)
Lot and exterior features
Lot size
116' 7" X 117' 2" irr.
Lot area
1,195.50 m²
Distinctive Features
Street corner
Parking (total)
Garage (8)
Proximity
CEGEP, Daycare centre, Golf, Hospital, Metro, Park, Bicycle path, Elementary school, High school, Cross-country skiing, Public transportation, Highway
Characteristics
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Environmental Study
Phase 1 (2012, 1), Phase 2 (2014, 10)
Financial details
Municipal assessment (2026)
- Lot assessment
- $ 1,434,600
- Building assessment
- $ 6,961,700
- Total
- $ 8,396,300
Taxes
- Municipal (2026)
- $ 48,199
- School (2026)
- $ 5,737
- Total
- $ 53,936
Annual expenses
- Insurance
- $ 27,522
- Total
- $ 27,522
Energy expenses
- Electricity
- $ 4,917
- Gas
- $ 12,274
- Total
- $ 17,191
Gross annual revenues (potential)
- Residential
- $ 582,948
- Parking
- $ 19,800
- Other
- $ 22,620
- Total
- $ 625,368
Inclusions and exclusions
Inclusions
As per the leases
Exclusions
Tenants' personal belongings and equipment belonging to the owner.
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.