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Income properties for sale
5585, Avenue Gatineau, Montréal (Côte-des-Neiges/Notre-Dame-de-Grâce)
$2,595,000
$2,595,000
Income properties for sale
5585, Avenue Gatineau, Montréal (Côte-des-Neiges/Notre-Dame-de-Grâce)
Features
Use of property
Residential
Year built
1931
Living area
5,979 sqft
Lot area
4,896 sqft
Parking (total)
Driveway (1), Garage (3)
Number of units
Residential (5)
Residential units
2 x 3 ½, 2 x 5 ½, 1 x 10 ½
Potential gross revenue
$150,960
Additional features
Basement 6 feet or +
Description
Discover an exceptional property nestled on one of Montreal's most prestigious streets. Ideally located between Boulevard Édouard-Montpetit and Chemin de la Côte-Sainte-Catherine, this prime address appeals to savvy investors as well as tenants and owners seeking a refined setting. Built in the 1930s, the building embodies the timeless elegance of its era: high ceilings, spacious, bright units, and remarkable construction quality. Meticulous maintenance over the years ensures its excellent overall condition.
Centris No. 12870479
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Financial details
| Municipal assessment (2021) | |
|---|---|
| Lot | $648,200 |
| Building | $906,600 |
| Total | $1,554,800 |
| Taxes | |
|---|---|
| Municipal (2025) | $9,908 |
| School (2025) | $1,288 |
| Total | $11,196 |
| Expenses | |
|---|---|
| Electricity | $3,602 |
| Gas | $3,069 |
| Insurance | $7,105 |
| Maintenance | $3,120 |
| Other | $1,000 |
| Total | $17,896 |
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