Income properties for sale
1089 - 1097, Avenue de l'Hôtel-de-Ville, Montréal (Ville-Marie)
$2,800,000
$2,800,000
Income properties for sale
1089 - 1097, Avenue de l'Hôtel-de-Ville, Montréal (Ville-Marie)
Features
Use of property
Residential
Year built
1870, Century
Living area
5,139 sqft
Lot area
4,443 sqft
Parking (total)
Driveway (8)
Number of units
Residential (22)
Residential units
22 x Bedroom
Potential gross revenue
$201,480
Description
Located just minutes from the CHUM, Old Montreal, downtown, the Village, public transport, and services... a rare opportunity! This property features 22 units, each equipped with a kitchen and appliances such as a refrigerator, stove, and essential furniture. Every two or three tenants share a bathroom and toilet, with four rooms boasting private bathrooms and toilets. The basement includes a coin-operated laundry room. The landlord covers electricity costs, approximately CAD 10,000 per year. Each tenant has a formal lease agreement. The rent is exceptionally high.
Centris No. 17033986
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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 | $858,600 |
| Building | $701,400 |
| Total | $1,560,000 |
| Taxes | |
|---|---|
| Municipal (2025) | $9,716 |
| School (2025) | $1,267 |
| Total | $10,983 |
| Expenses | |
|---|---|
| Electricity | $10,667 |
| Insurance | $13,618 |
| Total | $24,285 |
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