Income properties for sale
1555 - 1559, Avenue Van Horne, Montréal (Outremont)
$5,000,000
+GST/QST
Features
Use of property
Residential, Commercial
Year built
1974
Available commercial area
2,400 sqft
Lot area
5,410 sqft
Parking (total)
Driveway (4)
Number of units
Residential (4), Commercial (1)
Residential units
4 x 4 ½
Main unit
4 rooms, 2 bedrooms, 1 bathroom
Potential gross revenue
$303,900
Description
All offers must be submitted as of Monday, September 8, and will be responded on Thursday, September 18. Opportunity Outremont development opportunity! Corner site with approved plans for a 6-storey mixed-use project designed by ACDF Architecture. Full concrete build and fully compliant with zoning and CCU approved -- shovel-ready to build. The Plan features: 25 residential units + ground-floor commercial space Preserved red brick façade with modern extension 4 indoor parking + 12 bicycle spaces Land area: 5,410 sq. ft. Strong projected refinance value ($14.5M CMHC) A rare turnkey project in one of Montreal's most prestigious boroughs.
Centris No. 28686763
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Financial details
Municipal assessment (2021) | |
---|---|
Lot | $464,900 |
Building | $1,845,100 |
Total | $2,310,000 |
Taxes | |
---|---|
Municipal (2025) | $32,114 |
School (2025) | $1,925 |
Total | $34,039 |
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