Revenue property
220 230 Rue Rachel E. H2W1E3 Montréal (Le Plateau-Mont-Royal) Montréal Le Plateau-Mont-Royal
$2,690,000 CAD +GST/QST
MLS: 28725335
Listing agent
Description
Exceptional income property located on a prime corner lot offering unmatched visibility in the heart of the Plateau-Mont-Royal. The building features four well-established commercial tenants and two spacious 3-bedroom residential units, ensuring highly stable rental income. Meticulously maintained, with several major improvements completed (electrical entrance, meters, doors and windows, brickwork, full renovation of both residential units). AAA location between Parc Lafontaine and Mont-Royal Avenue - a solid investment in one of Montréal's most sought-after neighbourhoods. Seller financing or balance of sale possible for qualified buyers.
Overview
- Bathrooms
- Bathroom
- Floors
- 2
- Rooms
- Room
- Year built
- 1928
- Living area
- 3 165 pc
- Lot area
- 1 575 pc
- Building type
- Attached
- Building dimensions
- 70 x 20 feet
21.34 x 6.10 meters - Lot dimensions
- 70 x 23 feet
21.34 x 6.86 meters
Addendum
Rare Opportunity - Corner Mixed-Use Building in the Heart of the Plateau
This 6-unit income property offers excellent commercial exposure, stable revenue, and the rare option of an owner-occupied residential unit.
Configuration
* 4 commercial spaces, all leased to established businesses:
Matcha Tea Salon, Nuage Vintage Boutique, Spa Bête, Swirl Ice Cream Shop
Each commercial tenant has access to a designated portion of the basement (more than 1,400 sf of total area) , with the space divided equally among the four commercial units.
* 2 residential units (3 bedrooms each)
* All six units have their own Hydro-Québec meter and pay their own electrical consumption.
Major Work
* Complete replacement of electrical entrance and meters
* Both residential units fully renovated (plumbing + electrical)
* Brick joints repointed
* All doors and windows replaced
* Roof redone around 2015 by previous owner
Highlights
* Corner location offering top-tier visibility
* Highly desirable Plateau location between Parc Lafontaine and Mont-Royal
* Solid income + room for optimization
* Turn-key building
Invest in one of Montréal's most vibrant and proven rental markets.
The portion of the immovable subject to the Goods and Services Tax and the Quebec Sales Tax will be determined by the Buyer's notary and/or accountant.
Building details
- Basement
- 6 feet and over
- Heating system
- Electric baseboard units
- Windows
- Aluminum
- Foundation
- Poured concrete
- Siding
- Brick
- Roofing
- Elastomer membrane
Lot details
- Zoning
- Commercial
Residential
Features
- Water supply
- Municipality
- Heating energy
- Electricity
- Proximity
- Cegep
Daycare centre
Hospital
Park - green area
Bicycle path
Elementary school
High school
Public transport
University - Sewage system
- Municipal sewer
Inclusions
Residential unit furniture
Exclusions
Tenants' personal effect and equipment.
Legal warranty
Sale with exclusion(s) of legal warranty – See listing broker(s)
Assessments, taxes and expenses
Municipal assessment 2024
- Land
- $336,500
- Building
- $695,500
- Total
- $1,032,000
Taxes and expenses
- Insurance
- $5,098
- Municipal Taxes 2025
- $16,291
- School taxes 2025
- $742
- Total
- $22,131
Property photos
220 230 Rue Rachel E. H2W1E3 Montréal (Le Plateau-Mont-Royal) Montréal Le Plateau-Mont-Royal · MLS 28725335
