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$698,000 +GST/QST
ULS: 10808016

5-6-7-Plex for sale
6540 Av. Papineau, Montréal (Rosemont/La Petite-Patrie) (La Petite-Patrie)

6-PLEX semi-commercial units in Rosemont--La Petite-Patrie, located in the heart of a dynamic and high-traffic commercial area on Papineau Street. VERY STABLE INCOME and TENANTS ! The ground floor comprises 4 commercial spaces and three parking spaces. 2 loft-style residential units are located in the basement. Invest in this area of Rosemont-La Petite-Patrie, near Molson Park and Père-Marquette Park. Close to Fabre metro station and bus lines on Beaubien and Papineau Streets.
Sale with exclusion(s) of legal warranty - See listing broker(s)

Property features

1 Bedroom
1 Bathroom
Investment opportunity in Rosemont--La Petite-Patrie, on the vibrant Papineau section near the Beaubien intersection. Easy to manage, the building generates good income thanks to stable, long-term tenants.

*** Description of Commercial Premises ***

* Common Areas *
Powder Room 5.2 x 3.6 ft ceramic tile
Hallway 40 x 3.7 ft ceramic tile
7 electrical meters
400 amp electrical service entrance
2 air exchangers for residential units

* Premises *
Unit #101: 37.3 sq m irregular x 10.1 ft laminate flooring
Unit #103: 32.2 sq m irregular x 14 ft flexible tile flooring
Unit #102: 29.8 x 9.9 ft laminate flooring
Unit #104: 34.6 sq m irregular x 9.11 ft laminate flooring and flexible tile flooring

* Renewal *
Unit #101: Same tenant as #103 - Lease ends August 31, 2027 with wall-mounted heat pump
Unit #103: Same tenant as #101 - Lease ends August 31, 2027

Unit #102: Lease expires June 30, 2026 - Renewed for $510 + tax for 5 years until June 30, 2031

Unit #104: Lease expires May 31, 2026 - Renewed for 5 years until May 31, 2031 (amount to be determined)

The rear addition was built from scratch in 2012:

* Underpinning of the foundations with central concrete footings supporting an H-beam steel structure
* The H-beams extend above the roof and are ready to support additional floors
* The value of this work is over $100,000.

* Several renovations to the existing portion of the building were also completed in 2012: double-layer fire-resistant drywall, 100% new plumbing, and electrical work with a new service entrance. 400A, doors, windows, flooring, heat pump, etc.

* The front section of the roof covering (existing building) was replaced in 2017 (see invoice and warranty).
Dimensions 70' 4" X 26'
Year constructed 1910
Windows Aluminum
Window Type Sliding, Casement
Roofing Elastomeric membrane, Asphalt and gravel
Basement 6 feet and more, Finished basement
Lot size 95' X 26'
Lot area 2,470 ft²
Driveway Unpaved
Parking (total) Driveway (3)
Proximity Daycare centre, Hospital, Metro, Park, Elementary school, High school, CEGEP

Unit 1 (Monthly residential revenue)

Living room
Level: Basement 1
Dimensions: 20'0" X 9'3"
Flooring: Laminate floor
Details:
Kitchen
Level: Basement 1
Dimensions: 10'2" X 9'3"
Flooring: Ceramic
Details:
Bathroom
Level: Basement 1
Dimensions: 9'7" X 6'0"
Flooring: Ceramic
Details: Washer/dryer installation

Unit 2 (Monthly residential revenue)

Living room
Level: Basement 1
Dimensions: 22'9" X 9'5"
Flooring: Laminate floor
Details:
Kitchen
Level: Basement 1
Dimensions: 14'5" X 5'6"
Flooring: Ceramic
Details:
Bathroom
Level: Basement 1
Dimensions: 8'8" X 6'8" irr.
Flooring: Ceramic
Details: Washer/dryer installation
Corridor
Level: Basement 1
Dimensions: 44'0" X 3'6"
Flooring: Ceramic
Details: Common area
Workshop
Level: Basement 1
Dimensions: 9'7" X 6'11"
Flooring: Concrete
Details: Common area

Unit 3 (Commercial)

Rooms not detailed

Unit 4 (Commercial)

Rooms not detailed

Unit 5 (Commercial)

Rooms not detailed

Unit 6 (Commercial)

Rooms not detailed
Heating System Electric baseboard units
Heating Energy Electricity
Property or unit amenity Air exchange system, Wall-mounted heat pump
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2025)

Lot assessment
$ 344,300
Building assessment
$ 201,400
Total
$ 545,700

Taxes

Municipal (2025)
$ 8,584
School (2025)
$ 379
Total
$ 8,963

Gross annual revenues (potential)

Residential
$ 18,180
Commercial
$ 30,888
Total
$ 49,068
Desjardins

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