Income properties for sale
5662 - 5674, Rue Sherbrooke Ouest, Montréal (Côte-des-Neiges/Notre-Dame-de-Grâce)
$7,999,000
+GST/QST
$7,999,000 +GST/QST
Income properties for sale
5662 - 5674, Rue Sherbrooke Ouest, Montréal (Côte-des-Neiges/Notre-Dame-de-Grâce)
Features
Use of property
Residential, Commercial
Year built
1928
Available commercial area
6,000 sqft
Lot area
12,458 sqft
Number of units
Residential (16), Commercial (1)
Residential units
1 x 3 ½, 2 x 4 ½, 1 x 5 ½, 8 x 6 ½, 2 x 7 ½, 2 x 9 ½
Potential gross revenue
$539,532
Description
Rare opportunity to acquire a 20-unit income-producing ensemble composed of two well-maintained buildings on a large double lot. The main building on Sherbrooke offers nearly 25,000 sq. ft. including the basement which includes four commercial units and eight residential apartments. The second building, located on the corner of Harvard (2303), consists of eight residential units totalling approximately 9,500 sq. ft., basement included. Significant upside potential through rent optimization. Prime location close to services, public transportation, and major highways.
Centris No. 13015957
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Financial details
| Municipal assessment (2024) | |
|---|---|
| Lot | $1,157,400 |
| Building | $3,522,600 |
| Total | $4,680,000 |
| Taxes | |
|---|---|
| Municipal (2025) | $48,321 |
| School (2025) | $3,779 |
| Total | $52,100 |
| Expenses | |
|---|---|
| Electricity | $1,791 |
| Gas | $26,413 |
| Insurance | $38,625 |
| Total | $66,829 |
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