Information request
Appeler
Équipe Papachristou
Real estate broker
RE/MAX 2000 C.P.
Office : 450 682-2000

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

MLS 26432833
Address
2930 , Boul. Édouard-Montpetit , Montréal (Côte-des-Neiges/Notre-Dame-de-Grâce)
Description
Rooms : 4 | Bedrooms : 2 | Bathroom : 1 | Shower room : 0
Prime investment opportunity located just steps from the University of Montreal and within walking distance of three subway stations: metro Côte des Neiges, metro Édouard Montpetit, and metro Université de Montréal; this impressive 29-unit detached building presents an exceptional blend of location, convenience, and long-term value. With 28,515 sq ft of building space across five floors plus a basement, the property offers excellent optimization potential, allowing for enhancements that could further boost its value in one of Montreal's most desirable neighbourhoods.
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Characteristics

Property Type Revenue property Year of construction 1959  
Type of building Detached  Trade possible
Building dimensions Certificate of Location
Living Area      
Lot dimensions 30.48 m x 32.60 m - irr Deed of Sale Signature
Zoning Residential
Pool
Water supply Municipality Parking Garage (13)
Driveway Asphalt
Roofing Asphalt and gravel Garage Other
Siding Brick Lot
Windows Topography
Window Type Sliding Distinctive Features
Energy/Heating Natural gas View
Basement Proximity University, Public transport, Park - green area, Hospital, Cegep, Highway  
Bathroom  
Sewage system Municipal sewer
Dimensions
Lot frontage
30.48 m
Depth of field
32.60 m
Lot dimensions (Sq. ft.)
1,007.40 m²
Fees and taxes
School taxes :
$5,840 (2024)
Municipal Taxes :
$43,687 (2024)
Total
$49,527
Expenses / Energy (per year)
Energy cost
$43,391
Security
$575
Snow removal / Lawn mowing
$800
Caretaking
$7,800
Other
$984
Insurance
$18,134
Escalator maintenance
$4,584
Administration fees
$7,800
Municipal evaluation
Year
2025
Lot
$1,435,500
Building
$5,697,700
Total
$7,133,200
Annual Gross Revenue (Potential)
Residential
$400,500
Total revenue
$400,500

Room dimensions

Rooms : 4    |   Bedrooms : 2    |   Bathroom : 1   |    Shower room : 0
Rooms LEVEL DIMENSIONS Type of flooring Additional information

Inclusions

29 stoves and 29 refrigerators

Exclusions

Tenants belongings

Addenda

The building features various units, including two

expansive penthouses with rooftop terrasse, that offer an

elevated living experience. Each floor accommodates six

units (seven on the second floor) equipped with stoves and

refrigerators. Tenants benefit from individual gas heating

with personal thermostats, while the owner covers the cost

of heating and hot water. The tenants are responsible for

electricity costs.

In addition to the well-appointed living spaces, the 17

lockers provide storage for the larger 4.5 units. This

solidly built, well-maintained property is a sound

investment with strong rental potential.

This is a rare opportunity to acquire a robust building

with high optimization potential in one of Montreal's most

sought-after areas. It offers proximity to key amenities,

public transport, and the vibrant university district.

Don't miss out on this chance to secure a high-performing

asset with room for growth.

Note:

1. Please use the harmonization parameters used by CMHC for

the expenses, vacancies, bad debt, administration, and

maintenance reserved for the janitor. The listing sheet

displays only expenses with supporting documentation.

2. The occupants of PH2 have the benefit of remaining as

tenants for three years.

3. Two of the owners are non-residents.

4. At the SELLERS' request ( to multiple owners), all

offers must be emailed to info@papachristou.ca, allowing

for a response time of 5 business days.

5. This sale is made without legal quality warranty, at the

buyer's risk.

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