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Income properties for sale
5312 - 5340, Avenue Papineau, Montréal (Le Plateau-Mont-Royal)
$3,600,000
+GST/QST
$3,600,000 +GST/QST
Income properties for sale
5312 - 5340, Avenue Papineau, Montréal (Le Plateau-Mont-Royal)
Features
Use of property
Residential, Commercial
Year built
1933
Available commercial area
From 1,961 sqft to 5,001 sqft
Lot area
11,200 sqft
Number of units
Residential (13), Commercial (2)
Residential units
1 x 2 ½, 5 x 3 ½, 7 x 4 ½
Potential gross revenue
$256,740
Description
Two buildings totaling 15 units, including commercial and residential space, in the heart of Plateau-Mont-Royal. There are two cadastral parcels, two large lots, and an alley at the rear. The apartments are large, with abundant windows, and many renovations have been carried out. The seller is open to the idea of a balance of sale.
Centris No. 19915403
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Financial details
| Municipal assessment (2025) | |
|---|---|
| Lot | $1,021,200 |
| Building | $1,782,700 |
| Total | $2,803,900 |
| Taxes | |
|---|---|
| Municipal (2025) | $18,225 |
| School (2025) | $2,341 |
| Total | $20,566 |
| Expenses | |
|---|---|
| Electricity | $850 |
| Insurance | $15,075 |
| Equipment (rental) | $762 |
| Total | $16,687 |
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