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$1,450,000
New
ULS: 21378283

5-6-7-Plex for sale
1698 - 1708 Rue Cartier, Montréal (Ville-Marie) (Centre)

Unit configuration: 5 x 3 ½ (double rooms with office space) 1 x 4 ½ Annual income: $89,000 Building size: 1,472 sq. ft. per floor Approximately 735 sq. ft. per unit
Sale with exclusion(s) of legal warranty - See listing broker(s)
Living area 410.40 m²

Property features

1 Bedroom
1 Bathroom
Well-maintained 6-unit building, ideally located.

Unit configuration:
5 x 3 ½ (double rooms with office space)
1 x 4 ½

Annual income around $89,000

1,472 sq. ft. per floor, Approximately 735 sq. ft. per unit

7 storage units are located in the basement.
Each apartment benefits from its own private storage space of approximately 5 x 10 feet, with a ceiling height of over 6 feet.

Only one unit has not yet been renovated: Unit 1704.

Work and Investments (2012--2025)

The building has benefited from over $235,000 in improvements over the years.

Fully Renovated Units -- 1698, 1702 and 1708 ( $180,000)

Complete renovations including: new plumbing and electrical systems, renovated kitchens and bathrooms, quartz countertops, ceramic and hardwood flooring, redesigned layouts, replacement of rear windows and balcony doors, new drywall, installation of an alarm system, and wall-mounted air conditioners.

Partially Renovated Unit -- 1700 ( $8,000)

Floor refinishing, bathroom updates, new sinks and faucets, full repaint, minor electrical work, and repair of the rear staircase.

Improvements -- Unit 1704 (2025)

Replacement of kitchen and bathroom faucets.

Major Building Upgrades

Full replacement of basement plumbing and relocation of hot water tanks: $10,000

Complete electrical rewiring with new panels for each unit (elimination of exterior wiring): $15,000

New aluminum staircases and railings with fiberglass steps: $24,000

Location

Nearby:

Daycares (CPE Boîte à Surprise, Garderie Idée Fixe, CPE du Carrefour)

Elementary schools (Garneau, Champlain, Marguerite-Bourgeoys)

Restaurants and shops

Metro Plus grocery store (3 minutes)

Parc des Faubourgs directly across the street

Transportation & Mobility:

Papineau Metro Station (1 minute)

Several bus lines nearby (15, 358, 45, 359, 150, 170)

Bixi and Communauto stations

Bike Score: 100

Walk Score: 85
Year constructed 1926
Living area 410.40 m²
Siding Brick
Basement 6 feet and more
Lot area 200.30 m²
Topography Flat
Proximity CEGEP, Daycare centre, Hospital, Metro, Park, Highway, Elementary school, High school, Public transportation, University, Bicycle path
Heating System Electric baseboard units
Heating Energy Electricity
Rented Equipment (monthly) Water heater (5, 1)
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2025)

Lot assessment
$ 400,600
Building assessment
$ 828,800
Total
$ 1,229,400

Taxes

Municipal (2025)
$ 7,089
School (2025)
$ 937
Total
$ 8,026

Gross annual revenues (potential)

Residential
$ 88,740
Total
$ 88,740

Inclusions

1698 -- 3-door wardrobe storage unit, dishwasher, washer-dryer tower, wall-mounted air conditioner. 1700 -- 3-door wardrobe storage unit. 1702 -- Stove, dishwasher, washer and dryer, wall-mounted air conditioner. 1708 -- 3-door wardrobe storage unit, washer and dryer, wall-mounted air conditioner, patio table with 2 chairs, red bookshelf, 3-step step stool, curtains in the bedroom and kitchen.

Desjardins

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