The Largest Number of Homes for Sale
Income properties for sale
4874 - 4896, Rue Drolet, Montréal (Le Plateau-Mont-Royal)
$2,685,000
$2,685,000
Income properties for sale
4874 - 4896, Rue Drolet, Montréal (Le Plateau-Mont-Royal)
Features
Use of property
Residential
Year built
Unknown age, Century
Building area (at ground level)
3,157 sqft
Living area
6,313 sqft
Lot area
6,026 sqft
Number of units
Residential (12)
Residential units
9 x 3 ½, 3 x 4 ½
Main unit
4 rooms, 2 bedrooms, 1 bathroom
Potential gross revenue
$168,096
Description
Exceptional investment opportunity in the heart of Plateau-Mont-Royal, just 5 minutes from Laurier metro! Building with 12 units (3 x 4½ and 9 x 3½), already subdivided cadastral-wise for resale as 3 x 4-plexes plus 1 lot. Optimization potential. Financeable up to $2,245,000. Annual income: $116,954 -- Gross income multiplier: 15,97 -- Net income (CMHC): $115,793 -- Cap rate: 4.36%. Prime location near Parc Laurier, Saint-Denis Street, and all services. Links to the virtual tours are available in the addendum.
Centris No. 22029241
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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 | $1,455,500 |
| Building | $1,040,500 |
| Total | $2,496,000 |
| Taxes | |
|---|---|
| Municipal (2025) | $15,600 |
| School (2025) | $2,001 |
| Total | $17,601 |
| Expenses | |
|---|---|
| Insurance | $8,646 |
| Total | $8,646 |
See all financial details
