Income properties for sale
4243, Rue Garnier, Montréal (Le Plateau-Mont-Royal)
$7,500,000
Features
Use of property
Residential
Year built
1966
Lot area
7,725 sqft
Parking (total)
Driveway (4), Garage (2)
Number of units
Residential (36)
Residential units
8 x 2 ½, 26 x 3 ½, 2 x 4 ½
Main unit
3 rooms, 1 bedroom, 1 bathroom
Potential gross revenue
$432,780
Additional features
Basement 6 feet or +
Description
Rare 36-unit multi-residential building in the heart of Plateau-Mont-Royal, steps from Parc La Fontaine. Exceptional investment offering stability, strong returns, and peace of mind. Impeccably maintained property with rigorous, preventive management. Twenty-six units renovated in recent years, several fully redone. Layout: 2 two-bedroom units, 26 one-bedroom units, and 8 studios. Renovated indoor parking (new concrete slab, two independent doors) and four outdoor spaces, one available to the buyer. Major work completed: roof, foundation piling, structural repairs, heating system, and environmental rehabilitation.Stable, high-quality tenants.
Centris No. 14190046
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Financial details
| Municipal assessment (2025) | |
|---|---|
| Lot | $1,722,500 |
| Building | $5,135,800 |
| Total | $6,858,300 |
| Taxes | |
|---|---|
| Municipal (2025) | $38,430 |
| School (2025) | $4,959 |
| Total | $43,389 |
| Expenses | |
|---|---|
| Electricity | $1,369 |
| Gas | $20,320 |
| Insurance | $17,116 |
| Total | $38,805 |
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