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

3440, Av. Ridgewood

$ 15,695,000

3440, Av. Ridgewood

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

Plan a visit

Melissa Macorin

Commercial Real Estate Broker

514-817-7641

Centris #

#25747236

Property type

Building style

Detached

Construction year

1954

Land area

19,375.00 sq. ft.

514-817-7641 Plan a visit Information request

Characteristics

Water supply

Municipality

Sewage system

Municipal sewer

Zoning

Residential

Dimensions

Front of the building

160.10 ft.

Depth of the building

82.11 ft.

Living area

54,875.00 sq. ft.

Front of the land

227.30 ft.

Depth of the land

113.90 ft.

Land area

19,375.00 sq. ft.

Room Dimensions

Rooms

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

Inclusions

For all residential apartments: fridge, stove, dish washer, washer/dryer. Any other device enabling the proper functioning of the building, including all built-in appliances, or appliances included in the leases.

Exclusions

Residential tenant's furniture and belongings. Commercial tenant's furniture, inventory, and belongings that are not included in the leases.

Addenda

Welcome to 3440 Avenue Ridgewood. Discover this spectacular five-storey multifamily asset, featuring 46 spacious units spread across approximately +/-55,000 square feet of prime living space. This distinguished property features a modern elevator, two secure indoor parking garages, and ample exterior parking.
Perfectly situated at the summit of the iconic Mont-Royal, bordering the prestigious borough of Westmount and the serene Summit Woods, this property perfectly balances the tranquility of nature with proximity to Montreal's vibrant downtown core--truly offering the best of both worlds.
Showcasing a diverse suite mix of studios, one-, two-, and five-bedroom units, this asset presents an exceptional investment opportunity for those seeking a stable, long-term hold in one of Montreal's most distinguished locations.

***Sold without legal warranty, at the risk and peril of the buyer.

About this property

There are 12 interior parking spots and 6 exterior parking spots. Roof was redone in 2017. There is a mortgage on the property that can be assumed. In terms of heating, the renovated units are fully electric (and separately metered) and the non-renovated units are a mixture of natural gas and electric (and not separately metered). The renovated units have washers/dryers. All appliances in all units are owned by the landlord as are the washing machines in the laundry room that are used by the tenants in the non-renovated units. There is a 5-bedroom penthouse unit (unit 50) that is on two levels and has its own private terrace.

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

Information request

Financial details

Annual

Monthly

Municipal evaluation (2025)

Building

$ 11,219,700

Land

$ 1,980,300

Taxes

Municipal Taxes (2025)

$ 76,476 $ 6,373

School taxes (2025)

$ 10,086 $ 841

Expenses & Energy

Administration fees

$ 24,000 $ 2,000

Escalator maintenance

$ 3,600 $ 300

Insurance

$ 16,200 $ 1,350

Other

$ 43,926 $ 3,661

Caretaking

$ 13,750 $ 1,146

Potential Gross Revenue

Residential

$ 854,040 $ 71,170

Parkings

$ 28,680 $ 2,390

Other

$ 7,980 $ 665

Calculators

Monthly payment
Transfer tax
Purchasing power

Monthly instalments

**Price does not include CMHC insurance premium.

City

Property price

Transfer tax

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

Payment amount

Payment frequency

Interest rate

Down payment

Loan term (years)

Purchasing power

**Price does not include CMHC insurance premium.

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

Melissa Macorin

Characteristics

Dimensions

Room Dimensions

Inclusions

Exclusions

Addenda

About this property

Financial details

Calculators

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About this property.

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

Melissa Macorin

Characteristics

Dimensions

Room Dimensions

Inclusions

Exclusions

Addenda

About this property

Financial details

Calculators

You like this property?Share it!

New properties on the market that might interest you

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