Revenue property for sale, Montréal (Ville-Marie)

$ 5,750,000

2066-2070, Av. Lincoln

Montréal (Ville-Marie)

Photo Khaly Niang

Khaly Niang

Residential and Commercial Real Estate Broker

514 605-9201

Photo Samuel Benizri

Samuel Benizri

Residential and Commercial Real Estate Broker

514 629-9366

Photo Kevin Chaim

Kevin Chaim

Residential and Commercial Real Estate Broker

514 516-0797

Centris #
#25669918
Property type
Building style
Detached
Construction year
1915
Land area

Characteristics

Water supply
Municipality
Proximity
Highway , Cegep, Daycare centre, Hospital, Park - green area, Bicycle path, Elementary school, High school, Public transport, University
Sewage system
Municipal sewer

Dimensions

Front of the building
37,160.00 m
Depth of the building
10,671.00 m
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)

Exclusions

Tenants personal belongings

Addenda

Located in the heart of downtown Montreal, this 15-unit multi-residential property presents a unique opportunity to acquire a fully renovated and stabilized investment asset in one of the city's most sought-after rental markets. The property features a balanced unit mix appealing to students, young professionals, and urban tenants seeking convenience and quality living near Concordia University, the Guy-Concordia metro, and Sainte-Catherine Street.

Key Highlights:
*Prime Downtown Location: Walkable to universities, metro, retail, and business core
*Fully Renovated: Significant capital improvements including interiors, common areas, and mechanicals
*Stabilized Asset: High occupancy with a solid tenant profile
*Turnkey Investment: Immediate and reliable rental income
*CMHC MLI Select Financing: Property is subject to an assumable CMHC-insured MLI Select mortgage offering favorable terms (subject to lender approval)
*Operational Efficiency: Modernized building systems and low ongoing maintenance
* The 14th unit is essentially a combination of two apartments

An ideal acquisition for investors seeking long-term stability, superior location, and access to CMHC's MLI Select program benefits. Full financial documentation, rent roll, and renovation records available upon accepted offer

About this property

Located in the heart of downtown Montreal, this 15-unit multi-residential property presents a unique opportunity to acquire a fully renovated and stabilized investment asset in one of the city's most sought-after rental markets. The property features a balanced unit mix appealing to students, young professionals, and urban tenants seeking convenience and quality living near Concordia University, the Guy-Concordia metro, and Sainte-Catherine Street.

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

Financial details

Annual
Monthly
Municipal evaluation (2021)
Building
$ 907,200
Land
$ 908,500
Taxes
(0)
$ 2,025 $ 169
(0)
$ 2,024 $ 169
Expenses & Energy
$ 0 $ 0
Potential Gross Revenue
Residential
$ 298,800 $ 24,900

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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