Revenue property for sale, Montréal (Le Sud-Ouest)

241-263, Rue Bourget

$ 5,990,000

241-263, Rue Bourget

Montréal (Le Sud-Ouest)

Photo Melissa Macorin

Melissa Macorin

Commercial Real Estate Broker

514-817-7641

Centris #
#26900115
Property type
Building style
Semi-detached
Construction year
0
Land area
7,168.00 sq. ft.

Characteristics

Water supply
Municipality
Sewage system
Municipal sewer
Zoning
Residential

Dimensions

Front of the building
24.59 m
Depth of the building
27.39 m
Living area
12,959.00 sq. ft.
Front of the land
Depth of the land
Land area
7,168.00 sq. ft.

Room Dimensions

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

Inclusions

HVAC systems (furnaces, boilers, rooftop units); Electrical systems, panels, wiring, lighting fixtures; Plumbing systems, water heaters, pumps; Fire protection systems (sprinklers, alarms); Fixtures permanently attached to the property (built-in shelving, fixed counters and cabinets, wall-mounted equipment).

Addenda

Welcome to 241--251 & 253--263, rue Bourget, a spectacular, fully rebuilt 12-unit multifamily asset comprised of two attached 6-plexes, located in the heart of Saint-Henri, one of Montréal's most sought-after neighbourhoods. This exceptional asset has undergone a full-scale transformation, delivering near-new construction quality, while preserving the charm of its historic exterior. The property totals 12 spacious 2-bedroom / 2-bathroom (4.5) suites--a layout that has become increasingly rare in today's multifamily market. All units have been renovated to the highest quality standards, featuring chic, modern finishes with new appliances, offering a premium and desirable tenant experience. Strategically positioned just steps from Atwater Market and adjacent to Notre-Dame Ouest--one of the area's most vibrant commercial corridors--the property benefits from exceptional foot traffic and outstanding transit connectivity, including nearby Lionel-Groulx and Place-Saint-Henri metro stations. Tenants pay all their own utilities. This is a rare opportunity to acquire a low-maintenance, institutional- grade multifamily asset in an A+ urban location, offering strong cash flow, quality tenants, and long-term stability.

About this property

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

Financial details

Annual
Monthly
Municipal evaluation (2026)
Building
$ 3,382,000
Land
$ 750,800
Taxes
Municipal Taxes (2026)
$ 25,948 $ 2,162
School taxes (2026)
$ 3,240 $ 270
Expenses & Energy
Insurance
$ 17,910 $ 1,493
Other
$ 200 $ 17
Garbage
$ 5,040 $ 420
Snow removal / Lawn mowing
$ 3,000 $ 250
Potential Gross Revenue
Residential
$ 346,428 $ 28,869

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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