Income properties for sale
1569 - 1573, Rue Ontario Est, Montréal (Ville-Marie)
$2,999,900
+GST/QST
Features
Use of property
Residential, Commercial
Year built
1992
Available commercial area
From 1,000 sqft to 10,254 sqft
Number of units
Residential (9), Commercial (2), Warehouse (2)
Residential units
1 x 1 ½, 5 x 2 ½, 2 x 3 ½, 1 x 8 ½
Main unit
1 room, 1 bedroom, 1 bathroom
Potential gross revenue
$238,920
Additional features
Basement 6 feet or +
Description
Seller open to collaborating with a vendor take-back mortgage. Semi-commercial building offering 9 residential units and 2 commercial spaces, ideal for an investor or owner-occupant. Large 8½-room unit available for occupancy or revenue optimization. Several improvements have been made over the years, including flooring, bathroom, painting, and exterior doors. Strong income with potential for increase. Located in a rapidly developing area, within walking distance of Papineau and Beaudry metro stations, and near Notre-Dame Hospital. Strategic location offering excellent visibility for commercial tenants.
Centris No. 20926256
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Visit the real estate broker's website to see the detailed sheet of this property.
Financial details
| Municipal assessment (2024) | |
|---|---|
| Lot | $386,400 |
| Building | $1,365,100 |
| Total | $1,751,500 |
| Taxes | |
|---|---|
| Municipal (2025) | $38,822 |
| School (2025) | $1,284 |
| Business (2025) | $27,720 |
| Total | $67,826 |
| Expenses | |
|---|---|
| Insurance | $17,000 |
| Maintenance | $1,000 |
| Total | $18,000 |
See all financial details