Photo Main Photo of the property
$1,795,000
New
ULS: 12386667

5-6-7-Plex for sale
1718 - 1728 Rue Dufresne, Montréal (Ville-Marie) (Centre)

6-unit building offering excellent day-one returns with a potential gross income of $112,680/year, a gross revenue multiplier of 14.75, and a normalized cap rate of 5.28%. A true Montreal postcard property featuring a stone façade and classic exterior staircases. Over $150,000 has been invested in the building over the past several years. Located only 500 meters from Frontenac metro station, in the Sainte-Marie district, a rapidly growing area just 15 minutes from downtown. See addendum for virtual tour links to the units.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Living area 480.07 m²

Property features

2 Bedrooms
1 Bathroom

ALEXANDRE ANTONY

Residential and Commercial Real Estate Broker

RE/MAX DU CARTIER INC.

Excellent investment opportunity in the Sainte-Marie district, located in the eastern portion of downtown Montreal. Situated only 500 meters from Frontenac metro station, the property benefits from a strategic location close to shops, services, bike paths, and major transportation routes. The area is experiencing sustained growth and a constant improvement in both its commercial activity and tenant profile, offering strong medium- and long-term appreciation potential. Downtown office towers are accessible in approximately 15 minutes door-to-door.

Over the past eight years, more than $150,000 has been invested in major renovations and improvements, resulting in a well-maintained and attractive asset for today's rental market.

Unit details:

* 1718 (ground floor left): Semi-furnished 4½ with backyard and parking, rented at $1,750/month. Virtual tour: https://ahvendre.com/3d/1718-rue-dufresne-montreal/fullscreen/

* 1720 (ground floor right): Semi-furnished 4½ with backyard, rented at $1,695/month. Virtual tour: https://ahvendre.com/3d/1720-rue-dufresne-montreal/fullscreen/

* 1722 (2nd floor left): Vacant 4½, potential semi-furnished rent of $1,495/month. Virtual tour: https://ahvendre.com/3d/1722-rue-dufresne-montreal/fullscreen/

* 1724 (3rd floor left): Furnished 5½, rented at $2,004/month. Virtual tour: https://ahvendre.com/3d/1724-rue-dufresne-montreal/fullscreen/

* 1726 (3rd floor right): Semi-furnished 4½, rented at $1,701/month. Virtual tour: https://my.matterport.com/show/?m=Hnbz12touMp

* 1728 (2nd floor right): Vacant 4½, potential semi-furnished rent of $1,495/month. Virtual tour: https://ahvendre.com/3d/1728-rue-dufresne-montreal/fullscreen/

Potential gross income: $112,680
Gross revenue multiplier: 14.75
Insurance: $3,272
Municipal taxes: $6,392
School taxes: $819
Total normalized expenses: $23,375
Net operating income: $94,830
Cap rate: 5.28%

A property offering immediate profitability in a rapidly evolving Montreal neighborhood with excellent future appreciation potential.
Dimensions 33' X 58' irr.
Year constructed Unknown
Living area 480.07 m²
Window Type Sliding, Guillotine
Siding Brick, Stone, Vinyl
Roofing Asphalt and gravel
Dividing Floor Wood
Kitchen Cabinets Melamine
Basement Crawl space
Lot size 33' X 80' 6" irr.
Lot area 245.30 m²
Parking (total) Driveway (1)
Heating System Electric baseboard units
Heating Energy Electricity
Water Supply Municipality
Sewage System Municipality
Occupancy Double, Single

Financial details

Municipal assessment (2024)

Lot assessment
$ 392,500
Building assessment
$ 693,400
Total
$ 1,085,900

Taxes

Municipal (2026)
$ 6,392
School (2025)
$ 819
Total
$ 7,211

Annual expenses

Insurance
$ 3,252
Total
$ 3,252

Gross annual revenues (potential)

Residential
$ 121,680
Total
$ 121,680

Inclusions

According to the leases.

Exclusions

The tenants' personal belongings.

Desjardins

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