Photo Main Photo of the property
$1,499,000
ULS: 19203837

5-6-7-Plex for sale
250 Av. Mozart E., Montréal (Rosemont/La Petite-Patrie) (Petite Italie)

Rare opportunity in Little Italy, where quality income properties seldom hit the market. This semi-detached 6-plex, responsibly owned since 1987, is located steps from Marché Jean-Talon and within walking distance of four metro stations. Featuring six 3 ½ units, all leased to quality tenants, the building generates $75,720 in gross annual revenue. Electric baseboard heating with utilities paid by tenants keeps operating costs low. Visits upon accepted offer only to ensure tenant peace of mind. Take the next step to own a piece of Little Italy today.
Sale with exclusion(s) of legal warranty - See listing broker(s)

Property features

1 Bedroom
1 Bathroom

MARCO MORANELLI

Residential and Commercial Real Estate Broker

RE/MAX ALLIANCE INC.

1) The Building

Located at 250 Av. Mozart E., this semi-detached 6-plex sits in one of the most desirable enclaves of Montreal's Little Italy. The property consists of six well-maintained 3 ½ apartments, each with reliable tenants and leases in place until June 2025. Heating, hot water, and electricity are paid for by the tenants. The building has been responsibly managed by the same owners since 1987, demonstrating stability and pride of ownership. With solid fundamentals and an enviable location, this income property represents a cornerstone investment for seasoned or first-time investors alike.

2) The Investment

This property generates a healthy $75,720 in annual gross revenue with lean expenses. Each unit is currently leased with room to further optimize rents over time, offering potential upside. With tenants covering their utilities, the landlord's financial exposure remains low. The acquisition represents a strong price-per-door in one of Montreal's most sought-after neighbourhoods, balancing stability with long-term growth potential.

3) The Neighborhood

Nestled in the heart of Little Italy, this property sits just behind the famed Marché Jean-Talon, one of North America's largest open-air markets. The area is renowned for its culinary scene, cafés, parks, cultural institutions, and European village feel. Proximity to four metro stations ensures unmatched accessibility to downtown Montreal and surrounding neighbourhoods. With extremely limited inventory in this location, opportunities to purchase multi-residential assets of this calibre are rare. The neighbourhood continues to experience strong demand from both residents and investors, making this acquisition a strategic play in Montreal's evolving urban landscape.
Year constructed Unknown
Basement Crawl space
Lot area 1,612.43 ft²
Distinctive Features Street corner
Proximity Highway, Daycare centre, Metro, Bicycle path, Elementary school, Réseau Express Métropolitain (REM), High school, Public transportation
Heating System Electric baseboard units
Heating Energy Electricity
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2025)

Lot assessment
$ 284,600
Building assessment
$ 1,166,600
Total
$ 1,451,200

Taxes

Municipal (2025)
$ 9,440
School (2025)
$ 1,201
Total
$ 10,641

Gross annual revenues (potential)

Residential
$ 75,720
Total
$ 75,720

Inclusions

n/a

Exclusions

All personal belongings of tenants

Desjardins

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