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Income properties for sale
4800 - 4802, Avenue Papineau, Montréal (Le Plateau-Mont-Royal)
$2,275,000
+GST/QST
$2,275,000 +GST/QST
Income properties for sale
4800 - 4802, Avenue Papineau, Montréal (Le Plateau-Mont-Royal)
Features
Use of property
Residential, Commercial
Year built
1910
Available commercial area
From 625 sqft to 1,955 sqft
Lot area
2,039 sqft
Number of units
Residential (4), Commercial (2)
Residential units
2 x 3 ½, 2 x 5 ½
Potential gross revenue
$149,628
Additional features
Near the REM
Description
A TRUE TURNKEY PROPERTY. Recently renovated building that has been well-maintained by the current owner. High rental income - minimal expenses for the owner (insurance and taxes). A semi-detached building with abundant windows on three sides - plenty of natural light. Original features have been preserved, lending a touch of timeless charm to the apartments. Located in a prime spot on the Plateau Mont-Royal, residents will be right next door to Le Petit Laurier, while a business owner benefits from an exceptional storefront location at the intersection of Gilford and Papineau.
Centris No. 28241006
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Visit the real estate broker's website to see the detailed sheet of this property.
Financial details
| Municipal assessment (2026) | |
|---|---|
| Lot | $284,300 |
| Building | $1,083,700 |
| Total | $1,368,000 |
| Taxes | |
|---|---|
| Municipal (2026) | $17,580 |
| School (2025) | $990 |
| Total | $18,570 |
| Expenses | |
|---|---|
| Insurance | $7,176 |
| Maintenance | $11,130 |
| Management/Administration | $7,950 |
| Recovery of expenses | -$14,860 |
| Internet | $1,172 |
| Total | $12,568 |
See all financial details
