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$1,995,000
ULS: 17653626

5-6-7-Plex for sale
5127 - 5137 Rue De Lanaudière, Montréal (Le Plateau-Mont-Royal) (Le Plateau-Mont-Royal)

Double occupancy on the ground floor! Income property comprising 6 units, each offering an identical 5 ½ layout with 2 bedrooms, a private outdoor space, and a laundry room. Fenced-in courtyard with the potential to create parking spaces. Significant renovations were carried out in the 1980s and over the years. Owned by the same owner for the past 31 years, the property offers strong rental appeal in the sought-after Petit Laurier neighbourhood, just steps from Laurier Park. A solid investment opportunity with good potential, in an area where units are easy to rent.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Living area 4,727 ft²

Property features

2 Bedrooms
1 Bathroom

GEORGES BARDAGI

Certified real estate broker

RE/MAX DU CARTIER INC.

MATHIEU CLOUTIER

Certified Real Estate Broker, AEO

RE/MAX DU CARTIER INC.

Built in 1915, this income property represents an investment opportunity in an established and sought-after area of Montreal's Petit Laurier neighbourhood. It currently generates $6,141/month in declared rental income, with additional potential of $3,600/month from the two currently vacant units. All six units feature an identical layout, including a large double room at the front, a central living area, a kitchen and bathroom with a tub/shower combination, as well as a 5th room used as a laundry room with additional storage. Each unit also benefits from a private outdoor space, either a balcony or courtyard.

The units have undergone various upgrades over the decades, including an almost complete reconstruction in the 1980s with drywall, copper plumbing and updated electrical wiring, as well as renovations to several kitchens between 2010 and 2025. Major work carried out on the building includes the roof (2017), six electrical panels (2017), galleries and balconies (2024 and 2011), and the exterior staircase (2012). The rear brick wall was completely dismantled and rebuilt with new brick in 2025. The foundation was reinforced to allow for the addition of insulation to the exterior wood wall.

Situated on a 2,665 sq. ft. lot with an 8.81 m frontage, the property enjoys a central location in the Petit Laurier neighbourhood, close to Laurier Park and Laurier metro station, as well as numerous services, shops, schools and public transportation. A property offering current rental income, further optimization potential and strong rental appeal.

*****
A pre-sale inspection report is available to the buyer.

The present sale is made without any legal warranty of quality , at the buyer's risk.

Dimensions 29' X 68' irr.
Year constructed 1915
Living area 4,727 ft²
Roofing Asphalt and gravel
Lot size 29' X 91'
Lot area 2,665 ft²
Proximity Daycare centre, Metro, Park, Bicycle path, Elementary school, High school
Heating System Electric baseboard units
Heating Energy Electricity
Water Supply Municipality
Sewage System Municipality
Occupancy Double

Financial details

Municipal assessment (2026)

Lot assessment
$ 594,200
Building assessment
$ 835,800
Total
$ 1,430,000

Taxes

Municipal (2026)
$ 8,646
School (2026)
$ 1,030
Total
$ 9,676

Annual expenses

Insurance
$ 4,628
Total
$ 4,628

Gross annual revenues (potential)

Residential
$ 116,892
Total
$ 116,892

Inclusions

#5137 Refrigerator, stove, washer & dryer #5131 Water heater. All of the above are included without warranty of quality.

Desjardins

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