Income properties for sale
1150, Rue Marie-Anne Est, Montréal (Le Plateau-Mont-Royal)
$21,000,000
Features
Use of property
Residential
Year built
1966
Living area
40,800 sqft
Lot area
7,869 sqft
Number of units
Residential (64)
Residential units
48 x 2 ½, 16 x 3 ½
Potential gross revenue
$1,102,020
Additional features
Elevator, Basement 6 feet or +
Description
Rare on the market, in the heart of the Plateau, this fully renovated multi-residential building (2020) represents a strategic investment opportunity in one of the most sought-after areas of the Plateau, ideally located between Parc LaFontaine & Mont-Royal Avenue. Comprising 64 units, including 48 2 1/2 & 16 3 1/2. Complete renovations carried out with durable materials & optimized for performance, this asset stands out for its strong income potential & long-term value. An exceptional opportunity for investors seeking a stable, high-performing & highly profitable building in a high-demand area.
Centris No. 24660361
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Financial details
| Municipal assessment (2026) | |
|---|---|
| Lot | $2,193,300 |
| Building | $7,664,100 |
| Total | $9,857,400 |
| Taxes | |
|---|---|
| Municipal (2026) | $60,292 |
| School (2025) | $7,528 |
| Total | $67,820 |
| Expenses | |
|---|---|
| Electricity | $5,005 |
| Gas | $14,151 |
| Insurance | $41,947 |
| Elevator(s) | $8,179 |
| Superintendent | $6,347 |
| Maintenance | $39,040 |
| Management/Administration | $43,514 |
| Internet | $21,730 |
| Total | $179,913 |
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