Income properties for sale
1220 - 1232, Rue Saint-Mathieu, Montréal (Ville-Marie)
$7,950,000
Features
Use of property
Residential
Year built
1870
Living area
9,837 sqft
Lot area
8,656 sqft
Parking (total)
Driveway (10)
Number of units
Residential (1)
Residential unit
1 x Other
Main unit
25 rooms, 25 bedrooms, 13 bathrooms and 1 powder room
Potential gross revenue
$327,540
Additional features
Near the REM
Description
Exceptional Investment Opportunity to acquire 4 adjacent 3-plex buildings on St-Mathieu Street, offered as a bulk sale with 10 parking spaces & 12 residential units featuring a mix of 5-bedroom, 3-bedroom, 2-bedroom, and 1-bedroom layouts, generating an annual income of $327,900. 1228 St-Mathieu offers potential for conversion into a 4-plex (subject to city approval). Several units are two-storey, and all units feature modern finishes, exposed brick walls, open-concept layouts, high ceilings, wall-mounted A/C, and balconies or private backyards. Primarily located steps from Guy-Concordia Metro, Concordia University,Sainte-Catherine Street etc
Centris No. 11555922
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Visit the real estate broker's website to see the detailed sheet of this property.
Financial details
| Municipal assessment (2025) | |
|---|---|
| Lot | $1,849,600 |
| Building | $4,185,800 |
| Total | $6,035,400 |
| Taxes | |
|---|---|
| Municipal (2025) | $37,588 |
| School (2025) | $4,883 |
| Total | $42,471 |
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