Income properties for sale
1650 - 1656, Rue Sainte-Catherine Est, Montréal (Ville-Marie)
$3,388,000
Features
Use of property
Residential, Commercial
Year built
1875, Century
Lot area
4,413 sqft
Parking (total)
Driveway (1)
Number of units
Residential (6), Commercial (2)
Residential units
6 x 6 ½
Potential gross revenue
$261,552
Additional features
Basement 6 feet or +
Description
NEW PRICE, RARE OPPORTUNITY IN THE HEART OF THE VILLAGE 1650-1656 Ste-Catherine E. & 1353-1359 De Champlain, semi-commercial building strategically located just steps from the metro, shops, restaurants, and services. Composition: 6 spacious 6½ residential units with strong rental demand + 2 commercial spaces generating excellent revenues. Potential annual gross income of $261,552. Well-maintained building, same owner since 1988. Exceptional location on a corner lot offering maximum visibility and accessibility. CMHC-eligible file (commercial portion < 30%). A solid asset with strong optimization potential.
Centris No. 27571945
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Financial details
Municipal assessment (2025) | |
---|---|
Lot | $610,400 |
Building | $1,514,600 |
Total | $2,125,000 |
Taxes | |
---|---|
Municipal (2024) | $29,511 |
School (2024) | $1,786 |
Total | $31,297 |
Expenses | |
---|---|
Insurance | $10,000 |
Superintendent | $1,720 |
Maintenance | $4,880 |
Total | $16,600 |
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