Income properties for sale
1559, Avenue du Docteur-Penfield, Montréal (Ville-Marie)
                                            
                                            
                                            $12,500,000
                                            
                                            
                                             
                                        
                                    Features
Use of property
                Residential
            Year built
                1915
            Lot area
                5,447 sqft
            Parking (total)
                Driveway (3), Garage (6)
            Number of units
                Residential (9)
            
Residential units                
                2 x 3 ½, 6 x 5 ½, 1 x 6 ½
            Main unit
                6 rooms, 4 bedrooms, 4 bathrooms
            Potential gross revenue
                $750,000
            Additional features
                Elevator, Basement 6 feet or +
            Description
                                                Located in the heart of the Golden Square Mile, this recently reconstructed turn-of-the-century property features 9 expertly appointed units ranging from studios to three-bedroom apartments. The crown-jewel is a massive Penthouse with outdoor space and city views. Whether as revenue generating property, a conversion to a boutique hotel or to condos, or for an owner-occupant wanting to benefit from substantial income, the potential is limitless. A 6-car integrated garage and a driveway for 3 cars completes this unique offering.
                                            
                                        Centris No. 17300697
                                    Need more details?
                                                        Visit the real estate broker's website to see the detailed sheet of this property.
                                                    
                                                    
                                                Financial details
| Municipal assessment (2025) | |
|---|---|
| Lot | $1,163,800 | 
| Building | $4,590,200 | 
| Total | $5,754,000 | 
| Taxes | |
|---|---|
| Municipal (2025) | $35,836 | 
| School (2024) | $4,742 | 
| Total | $40,578 | 
See all financial details