Revenue property for sale, Montréal (Côte-des-Neiges/Notre-Dame-de-Grâce)

5316-5322, Place Newman

$ 1,500,000

5316-5322, Place Newman

Montréal (Côte-des-Neiges/Notre-Dame-de-Grâce)

Photo Marc Ezerzer

Marc Ezerzer

Residential and Commercial Real Estate Broker

514-772-0771

Photo Hagay Brener

Hagay Brener

Residential and Commercial Real Estate Broker

514-833-6452

Photo David Sebag

David Sebag

Residential and Commercial Real Estate Broker

514-839-5680

Centris #
#21208267
Property type
Building style
Semi-detached
Construction year
1954
Land area

Characteristics

Heating system
Electric baseboard units
Water supply
Municipality
Heating energy
Electricity
Proximity
Highway , Hospital, Park - green area, Elementary school, High school, Public transport, University
Sewage system
Municipal sewer
Zoning
Residential

Dimensions

Front of the building
Depth of the building
Living area
Front of the land
Depth of the land
Land area

Room Dimensions

Rooms
0 rooms    |    0 bedroom(s)    |    0 bathroom(s)    |    0 washroom(s)

Inclusions

As per leases

Exclusions

As per leases

Addenda

Welcome to 5316-5322 Place Newman, an 4-unit residential income property ideally located in a well-established and highly sought-after sector of Montréal.

The property benefits from a strategic location near Décarie Boulevard and major transportation arteries, providing convenient access to downtown Montréal and surrounding neighbourhoods. The area is well served by public transportation and is located near numerous shops, grocery stores, restaurants, schools, parks, healthcare services, and other essential amenities.

The surrounding neighbourhood is characterized by a diverse and established residential population, including families, professionals, students, and long-term residents. Its accessibility, proximity to employment centres, educational institutions, commercial services, and public transit contribute to consistent rental demand and make the area attractive to a broad range of tenants.

This 4-unit property represents an excellent opportunity for an investor seeking a manageable multi-residential building in a strong rental location with long-term investment potential.

The purchaser shall be responsible for conducting their own due diligence regarding the property, zoning, permitted use, revenues, expenses, leases, building condition, and any other information deemed relevant to the transaction.

For additional information or further details regarding the property, please contact the listing brokers.

About this property

Welcome to 5316-5322 Place Newman, ideally located in a highly sought-after area. An excellent opportunity to acquire this 4-unit income property, easy to manage and offering strong investment potential. Strategically located near Décarie Boulevard, public transportation, shops, services, and numerous amenities. For more information, please contact the listing brokers.

Sale with exclusion(s) of legal warranty - See listing broker(s).
Information request

Financial details

Annual
Monthly
Municipal evaluation (2024)
Building
$ 544,800
Land
$ 390,200
Taxes
Municipal Taxes (2026)
$ 5,317 $ 443
School taxes (2026)
$ 641 $ 53
Expenses & Energy
Insurance
$ 5,000 $ 417
Energy cost
$ 400 $ 33
Potential Gross Revenue
Residential
$ 63,900 $ 5,325

Calculators

  • Monthly payment
  • Transfer tax
  • Purchasing power

Monthly instalments

 

**Price does not include CMHC insurance premium.

Transfer tax

 

** For reference only, for the exact amount, please confirm with the city or municipality.

Purchasing power

 

**Price does not include CMHC insurance premium.

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