$1,450,000
New
ULS: 26228105
5-6-7-Plex
for sale
5156 - 5166 Av. des Érables, Montréal (Le Plateau-Mont-Royal) (Le Plateau-Mont-Royal)
Welcome to 5156-5166 des Érables, a well-maintained 6-plex in the heart of Plateau Mont-Royal. The property offers 6 × 3½ units with electric heating paid by tenants, keeping operating expenses low. Several windows and doors have been replaced, the structure upgraded and rear balconies changed. Current gross revenues are $85,164, with rent increase notices already sent for 2026-2027 (+$4,596/year), bringing potential gross revenues to $89,760. Ideally located on a quiet residential street with excellent access to transit and services, supporting strong rental demand and stable long-term income. See addenda for more.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Living area
348.30 m²
Property features
1
Bedroom
1
Bathroom
Addendum
Don't miss this great addition to your portfolio.
* Six-unit residential income property
* All units configured as 3½ apartments
* 5 units currently rented, providing immediate income
* 1 vacant unit, allowing market rent or owner occupancy (RV$1500)
* Electric heating paid by tenants, resulting in low operating expenses
Income
* Current gross revenues: $85,164
* Rent increase notices already sent for 2026--2027 totaling + potential $4,596/year
* Potential gross revenues: $89,760
Renovations & Improvements:
* 2018: Structural work completed by Bisson expert, including concrete footings, steel beam, and columns, per engineer plans
* 2019: Replacement of 8 windows and 4 doors
* 2024: Rear balconies, stairs replaced and brickwork completed on rear wall
* Hot water tanks replaced progressively between 2018 and 2024.
Location & Rental Profile
Located in the heart of a highly sought-after Plateau Mont-Royal rental market. Walking distance to public transit, parks, schools, services, and neighbourhood amenities. Consistently strong tenant demand with low vacancy risk. Proven area for long-term rental stability and resale value.
* Six-unit residential income property
* All units configured as 3½ apartments
* 5 units currently rented, providing immediate income
* 1 vacant unit, allowing market rent or owner occupancy (RV$1500)
* Electric heating paid by tenants, resulting in low operating expenses
Income
* Current gross revenues: $85,164
* Rent increase notices already sent for 2026--2027 totaling + potential $4,596/year
* Potential gross revenues: $89,760
Renovations & Improvements:
* 2018: Structural work completed by Bisson expert, including concrete footings, steel beam, and columns, per engineer plans
* 2019: Replacement of 8 windows and 4 doors
* 2024: Rear balconies, stairs replaced and brickwork completed on rear wall
* Hot water tanks replaced progressively between 2018 and 2024.
Location & Rental Profile
Located in the heart of a highly sought-after Plateau Mont-Royal rental market. Walking distance to public transit, parks, schools, services, and neighbourhood amenities. Consistently strong tenant demand with low vacancy risk. Proven area for long-term rental stability and resale value.
Building details and property interior
Dimensions
25' X 50'
Year constructed
1914
Living area
348.30 m²
Siding
Brick
Roofing
Asphalt and gravel
Dividing Floor
Wood
Basement
Crawl space
Lot and exterior features
Lot size
25' X 86'
Lot area
199.70 m²
Proximity
Highway, Daycare centre, Hospital, Metro, Park, Bicycle path, Elementary school, High school, Public transportation
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Occupancy
Single
Financial details
Municipal assessment (2024)
- Lot assessment
- $ 439,300
- Building assessment
- $ 913,200
- Total
- $ 1,352,500
Taxes
- Municipal (2026)
- $ 8,635
- School (2025)
- $ 1,085
- Total
- $ 9,720
Gross annual revenues (potential)
- Residential
- $ 85,164
- Other
- $ 4,596
- Total
- $ 89,760
Inclusions and exclusions
Mortgage payment calculator
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