Income properties for sale
451 - 463, Rue Rachel Est, Montréal (Le Plateau-Mont-Royal)
$2,800,000
+GST/QST
$2,800,000 +GST/QST
Income properties for sale
451 - 463, Rue Rachel Est, Montréal (Le Plateau-Mont-Royal)
Features
Use of property
Residential, Commercial
Year built
1939
Available commercial area
2,877 sqft
Lot area
2,827 sqft
Number of units
Residential (7), Commercial (1)
Residential units
2 x 1 ½, 5 x 3 ½
Potential gross revenue
$191,954
Additional features
Near the REM
Description
Incredible semi-commercial opportunity in the heart of Plateau-Mont-Royal, just 450 m from Mont-Royal metro and 500 m from La Fontaine Park. The property features a 71-foot frontage on Rachel Street East, steps from the St-Denis intersection, in a high-traffic area ideal for attracting commercial tenants. Electric heating and hot water are paid by the tenants. Two units have been fully renovated recently. Plans are available for a third-floor expansion and the addition of 7 units. Ideal for an investor or owner-occupant looking to establish themselves in one of Montréal's most sought-after neighborhoods.
Centris No. 25001770
Financial details
| Municipal assessment (2026) | |
|---|---|
| Lot | $604,000 |
| Building | $1,297,700 |
| Total | $1,901,700 |
| Taxes | |
|---|---|
| Municipal (2026) | $31,845 |
| School (2026) | $1,384 |
| Total | $33,229 |
| Expenses | |
|---|---|
| Insurance | $18,459 |
| Maintenance | $14,258 |
| Management/Administration | $10,184 |
| Recovery of expenses | -$19,107 |
| Internet | $840 |
| Total | $24,634 |
See all financial details