$10,950,000
ULS: 13386623
16+-Plex
for sale
2449 Ch. Athlone, Mont-Royal
2449 Chemin Athlone - Rare on the market! A newly built concrete building with a garage, completed in 2021, consisting of 24 units, located in Ville Mont-Royal. This exceptional property boasts an ideal location, close to renowned schools, parks, numerous amenities, and the future REM (Réseau express métropolitain), with easy access to major roadways. The neighborhood is quiet, sought-after, and offers a privileged living environment. This building represents a unique investment opportunity. Its modern architecture, high-quality materials, and high yield make it a strategic choice for investors seeking a solid and profitable asset.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Living area
23,083 ft²
Addendum
2021 -- Rare on the Market!
Built in 2021, this brand-new concrete building, featuring an elevator and underground parking, is located in Ville Mont-Royal. It includes 24 4 ½-room apartments, offering an exceptional investment opportunity.
Each apartment boasts 9-foot ceilings, modern finishes and high-end amenities, such as recessed lighting, concrete floors, kitchens with islands, and quartz countertops (in both the kitchens and bathrooms), floor-to-ceiling windows, large balconies, sprinklers, wall-mounted air conditioning, spacious closets in the bedrooms, bathrooms with a shower or bath-shower, and individual water heaters for each unit.
All appliances are included in each apartment.
The ground floor houses four apartments, two of which feature two bathrooms (one with a shower and the other with a bath-shower). The other two apartments have one bathroom, equipped with a bath-shower. From the 2nd to the 6th floor, each apartment includes two bathrooms (one with a shower and the other with a bath-shower).
The location is ideal, with easy access to the Metropolitan Boulevard and immediate proximity to renowned schools in Ville Mont-Royal, such as St-Clément School, as well as several parks. You will enjoy a lifestyle that combines comfort and tranquility.
Just steps away from public transportation, local shops, schools, and green spaces, this strategic location allows you to fully enjoy urban living while residing in a calm and sought-after environment.
Three apartments are currently vacant and available for rent. There are 17 rented garage spaces, which are included in the leases. The other garage spaces are available.
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The selection of the inspector must be approved by all parties.
The present sale is made without any legal warranty of quality from the seller, at the buyer's risk.
* Please note that virtual home staging has been done on some pictures of this property, they are published in order to show a possible layout.
Built in 2021, this brand-new concrete building, featuring an elevator and underground parking, is located in Ville Mont-Royal. It includes 24 4 ½-room apartments, offering an exceptional investment opportunity.
Each apartment boasts 9-foot ceilings, modern finishes and high-end amenities, such as recessed lighting, concrete floors, kitchens with islands, and quartz countertops (in both the kitchens and bathrooms), floor-to-ceiling windows, large balconies, sprinklers, wall-mounted air conditioning, spacious closets in the bedrooms, bathrooms with a shower or bath-shower, and individual water heaters for each unit.
All appliances are included in each apartment.
The ground floor houses four apartments, two of which feature two bathrooms (one with a shower and the other with a bath-shower). The other two apartments have one bathroom, equipped with a bath-shower. From the 2nd to the 6th floor, each apartment includes two bathrooms (one with a shower and the other with a bath-shower).
The location is ideal, with easy access to the Metropolitan Boulevard and immediate proximity to renowned schools in Ville Mont-Royal, such as St-Clément School, as well as several parks. You will enjoy a lifestyle that combines comfort and tranquility.
Just steps away from public transportation, local shops, schools, and green spaces, this strategic location allows you to fully enjoy urban living while residing in a calm and sought-after environment.
Three apartments are currently vacant and available for rent. There are 17 rented garage spaces, which are included in the leases. The other garage spaces are available.
****
The selection of the inspector must be approved by all parties.
The present sale is made without any legal warranty of quality from the seller, at the buyer's risk.
* Please note that virtual home staging has been done on some pictures of this property, they are published in order to show a possible layout.
Building details and property interior
Dimensions
66' X 60' irr.
Year constructed
2021
Living area
23,083 ft²
Garage
Heated, Built-in
Washer/Dryer (installation)
In each unit (AU)
Lot and exterior features
Lot size
114' X 100' irr.
Lot area
11,204 ft²
Driveway
Asphalt
Parking (total)
Garage (23), Driveway (8)
Proximity
Park, Elementary school, Réseau Express Métropolitain (REM), High school, Public transportation, Highway, Daycare centre
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Property or unit amenity
Wall-mounted air conditioning, Sprinkler system
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2026)
- Lot assessment
- $ 1,691,500
- Building assessment
- $ 7,443,500
- Total
- $ 9,135,000
Taxes
- Municipal (2025)
- $ 62,030
- School (2025)
- $ 7,325
- Total
- $ 69,355
Annual expenses
- Elevator(s)
- $ 1,224
- Insurance
- $ 12,267
- Total
- $ 13,491
Energy expenses
- Electricity
- $ 13,648
- Gas
- $ 4,874
- Total
- $ 18,522
Gross annual revenues (potential)
- Residential
- $ 594,228
- Total
- $ 594,228
Inclusions and exclusions
Inclusions
All appliances, according to the leases. All of the above are included without warranty of quality.
Exclusions
Tenant's personal belongings.
Mortgage payment calculator
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