Income properties for sale
5181 - 5185, boulevard Saint-Laurent, Montréal (Le Plateau-Mont-Royal)
$3,690,000
$3,690,000
Income properties for sale
5181 - 5185, boulevard Saint-Laurent, Montréal (Le Plateau-Mont-Royal)
Features
Use of property
Residential, Commercial
Year built
1985
Available commercial area
From 700 sqft to 1,400 sqft
Living area
5,322 sqft
Lot area
3,800 sqft
Parking (total)
Driveway (4)
Number of units
Residential (6), Commercial (2)
Residential units
2 x 3 ½, 2 x 4 ½, 2 x 5 ½
Main unit
3 rooms, 1 bathroom
Potential gross revenue
$216,444
Description
A rare investment opportunity in Montreal's highly sought-after Plateau area. Built in 1985, this well-maintained mixed-use property is located on the prime corner of St-Laurent Street and Fairmount Street, offering exceptional visibility, convenience, and long-term appreciation potential. The building includes 8 fully rented units--6 residential and 2 commercial--generating a strong annual income of 204,972. The six residential units were completely renovated in 2020, providing modern, high-quality living spaces. Tenants pay their own electricity and heating, ensuring low operating costs for the owner.
Centris No. 20915591
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Visit the real estate broker's website to see the detailed sheet of this property.
Financial details
| Municipal assessment (2024) | |
|---|---|
| Lot | $935,500 |
| Building | $1,864,600 |
| Total | $2,800,100 |
| Taxes | |
|---|---|
| Municipal (2025) | $24,782 |
| School (2025) | $1,446 |
| Total | $26,228 |
| Expenses | |
|---|---|
| Electricity | $306 |
| Insurance | $10,659 |
| Total | $10,965 |
See all financial details