Income properties for sale
506 - 528, Rue Rachel Est, Montréal (Le Plateau-Mont-Royal)
$3,360,000
+GST/QST
$3,360,000 +GST/QST
Income properties for sale
506 - 528, Rue Rachel Est, Montréal (Le Plateau-Mont-Royal)
Features
Use of property
Residential, Commercial
Year built
1927
Living area
13,058 sqft
Lot area
5,338 sqft
Number of units
Residential (8), Commercial (2)
Residential units
8 x 5 ½
Potential gross revenue
176,640 $
Description
Rare investment opportunity in the heart of Plateau Mont-Royal! Building composed of eight fully rented 5½ residential units and two commercial spaces offering excellent visibility and strong potential for value appreciation. Prime location just steps from Rachel, St-Denis, and Mont-Royal streets, La Fontaine Park, and the Mont-Royal metro station. A vibrant neighborhood highly sought after by tenants, with a Walk Score and Bike Score of 100. Stable income and significant growth potential. A strategic investment in one of Montréal's most desirable areas.
Centris No. 25498983
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Financial details
Municipal assessment (2025) | |
---|---|
Lot | $957,100 |
Building | $1,015,400 |
Total | $1,972,500 |
Taxes | |
---|---|
Municipal (2025) | $27,930 |
School (2025) | $1,634 |
Total | $29,564 |
Expenses | |
---|---|
Insurance | $9,496 |
Total | $9,496 |
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