Income properties for sale
220 - 230, Rue Rachel Est, Montréal (Le Plateau-Mont-Royal)
$2,995,000
+GST/QST
$2,995,000 +GST/QST
Income properties for sale
220 - 230, Rue Rachel Est, Montréal (Le Plateau-Mont-Royal)
Features
Use of property
Residential, Commercial
Year built
1928
Available commercial area
From 400 sqft to 1,600 sqft
Living area
3,165 sqft
Lot area
1,575 sqft
Number of units
Residential (2), Commercial (4)
Residential units
2 x 5 ½
Potential gross revenue
$197,364
Additional features
Basement 6 feet or +
Description
Exceptional income property located on a prime corner lot offering unmatched visibility in the heart of the Plateau-Mont-Royal.
The building features four well-established commercial tenants and two spacious 3-bedroom residential units, ensuring highly stable rental income. Meticulously maintained, with several major improvements completed (electrical entrance, meters, doors and windows, brickwork, full renovation of both residential units). AAA location between Parc Lafontaine and Mont-Royal Avenue -- a solid investment in one of Montréal's most sought-after neighbourhoods.
Centris No. 28725335
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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 | $336,500 |
| Building | $695,500 |
| Total | $1,032,000 |
| Taxes | |
|---|---|
| Municipal (2025) | $16,291 |
| School (2025) | $742 |
| Total | $17,033 |
| Expenses | |
|---|---|
| Insurance | $5,098 |
| Total | $5,098 |
See all financial details