Income properties for sale
4043 - 4047, Rue Ontario Est, Montréal (Mercier/Hochelaga-Maisonneuve)
$4,895,000
+GST/QST
$4,895,000 +GST/QST
Income properties for sale
4043 - 4047, Rue Ontario Est, Montréal (Mercier/Hochelaga-Maisonneuve)
Features
Use of property
Residential, Commercial
Year built
2018
Available commercial area
From 1,406 sqft to 2,986 sqft
Lot area
3,397 sqft
Number of units
Residential (16), Commercial (2)
Residential units
16 x Loft/Studio
Potential gross revenue
$343,536
Additional features
Basement 6 feet or +, Near the REM
Description
Constructed in 2018, the property is a quality built, modern, purpose-built asset offering investors the advantages of recent construction and minimal capital expenditure requirements. The building was purchased directly from the developer by the current ownership group in 2019 and has remained under the same ownership since completion. The asset features well-designed bachelor residential units that lease extremely quickly due to their attractive all-inclusive rental offering, which includes heat, hot water, and furnishings. Complementing the residential component are two ground-floor retail units occupied by long-term commercial tenants
Centris No. 17766171
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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 | $394,500 |
| Building | $3,677,700 |
| Total | $4,072,200 |
| Taxes | |
|---|---|
| Municipal (2026) | $41,830 |
| School (2026) | $3,126 |
| Total | $44,956 |
| Expenses | |
|---|---|
| Electricity | $10,877 |
| Gas | $6,249 |
| Insurance | $9,197 |
| Equipment (rental) | $2,880 |
| Air conditioning | $3,040 |
| Total | $32,243 |
See all financial details