Prime location in Plateau Mont-Royal, just steps from Parc Laurier! This fully detached 5-plex, situated on a large 7,400 sq. ft. lot, includes 3 detached garages. The main unit, available for owner-occupant or investor, offers 13 rooms, 6 bedrooms, 2 bathrooms, 1 parking space in front, a rear garage, and a workshop. The other 4 units are spacious 5 ½ apartments. Two additional garages are rented. Well-maintained property with over $500,000 invested over 20 years, with invoices available. Built in 1929 with steel beams, level floors, high ceilings, and period woodwork. Guaranteed to impress!
Revenues will increase starting in 2025.
Apartment 5061 is currently rented at market price for $2,400/month. Apartment 5065 is also rented for $2,400/month, with an additional workshop in the garage rented for $200/month (available at the end of July 2025).
Additionally, the seller had considered renting out the ground floor with the double garage and front parking, and interested tenants were willing to pay $6,000/month.
Taking into account the annual rent increase permitted by the Régie for the two other apartments and the rented garages, revenues will see a significant rise starting in 2025.
Location - Location - Location
Located in the heart of Plateau Mont-Royal, directly facing the stunning Parc Laurier, this property is a true haven of peace. Nestled on the quiet Christophe-Colomb Street, now protected from traffic, it offers unparalleled tranquility. The lush backyard, reminiscent of the countryside, invites relaxation.
Over $500,000 has been carefully invested, exclusively by renowned professionals, with invoices available as proof. The steel beam construction ensures exceptional solidity: straight floors, flawless ceilings. The original woodwork and high ceilings add a warm and inviting charm to each room.
There is potential for expansion or additional units--contact the broker for more details! This building is one of the rare detached properties on the Plateau, allowing for windows on all sides and abundant natural light. It sits on an exceptionally large 7,400 sq. ft. lot, beautifully landscaped, featuring three garages totaling 1,536 sq. ft. Each floor spans 2,155 sq. ft., and there is also a full-height basement. A truly unique property.
INCLUSIONS
5057: The PAX wardrobe in the master bedroom (main floor), the bookshelf in the boudoir (main floor), all lighting fixtures on the main floor and basement, the dishwasher, induction stove, surveillance cameras and central unit, and the intranet network switch.
EXCLUSIONS
All tenants' belongings in the units 5059, 5061, 5063, and 5065, including all appliances. 5057: washer-dryer, refrigerator, home theater system, and all personal belongings other than those listed.
