Income properties for sale
5163 - 5165, boulevard Saint-Laurent, Montréal (Le Plateau-Mont-Royal), Neighbourhood Mile-End
$1,450,000
+GST/QST
$1,450,000 +GST/QST
Income properties for sale
5163 - 5165, boulevard Saint-Laurent, Montréal (Le Plateau-Mont-Royal), Neighbourhood Mile-End
Features
Use of property
Residential, Commercial
Year built
1978
Building area (at ground level)
1,900 sqft
Lot area
1,913 sqft
Number of units
Residential (2), Commercial (1)
Residential units
2 x 4 ½
Potential gross revenue
$115,770
Description
The property is a three-story semi-commercial building with a recently vacated restaurant space on the ground floor of approximately 1,900 sf with 24 feet of frontage, perfect for an owner occupant. The second and third floor house two 2-bedroom +1 with a separate living room and dining room at approximately 1,000 square feet in size with large balconies facing the rear. The apartments are today in very good condition with rents significantly below today's market prices which gives an investor a value-add opportunity. The asset sits in the heart of one of Montreal's most popular neighborhoods, on its main retail artery, in the Mile-End.
Centris No. 16530867