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Income properties for sale
2009, Rue Sherbrooke Est, Montréal (Le Plateau-Mont-Royal)
$5,495,000
$5,495,000
Income properties for sale
2009, Rue Sherbrooke Est, Montréal (Le Plateau-Mont-Royal)
Features
Use of property
Multi-family dwelling
Year built
1920, Century
Living area
10,845 sqft
Lot area
6,500 sqft
Parking (total)
Driveway (3)
Number of units
Residential (21)
Residential units
4 x 1 ½, 1 x 2 ½, 10 x 3 ½, 6 x 4 ½
Potential gross revenue
$464,232
Description
Prime Value-Add Multi-Residential: Rare opportunity to acquire a 21-unit multi-residential property, currently configured as 17 large apartments due to unit combinations. The building offers immediate flexibility and strong value-add potential through re-leasing, modernization, or the potential addition of units, subject to buyer verification and municipal approvals. Tenants pay their own electricity, hot water, and heating. Ideally located in Plateau-Mont-Royal, near McGill University and Parc Lafontaine, in a highly walkable and transit-accessible area supporting long-term value growth. Visits with an accepted promise to purchase only.
Centris No. 11546030
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Financial details
| Municipal assessment (2025) | |
|---|---|
| Lot | $1,509,800 |
| Building | $3,095,400 |
| Total | $4,605,200 |
| Taxes | |
|---|---|
| Municipal (2025) | $25,805 |
| School (2025) | $3,323 |
| Total | $29,128 |
| Expenses | |
|---|---|
| Electricity | $1,154 |
| Insurance | $17,598 |
| Total | $18,752 |
See all financial details
