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5228 5238 Av. Papineau H2H1W2 Montréal (Le Plateau-Mont-Royal) Montréal Le Plateau-Mont-Royal

# Centris :9152429

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FOR SALE

$1,799,000 CAD

Description

Beautiful 6-unit building ideally located in the heart of the sought-after Petit Laurier district, on the corner of Laurier Street. This very well-maintained building features excellent tenants, renovated kitchens, 3 refurbished bathrooms, heat pumps in each unit, a roof that will be replaced in 2024, and 3 parking spaces. Potential income of $101 820 starting in July with one unit vacant. Exceptional location: close to the Laurier/Rosemont metro stations, Jean-Talon Market, and all amenities. Ideal for an investor!

Overview

MLS #

9152429

Type

Revenue property

Rooms

4 Rooms

Room(s)

2 Rooms

Garage

No

Size

NA

Land

4 112 sq ft (382.00 m²)

Year Built

1924

Building Details and Property Interior

Building Type Attached
Year constructed 1924
Dimensions 8.53 x 18.36 meters
28 x 60 feet Irregular
Living area NA
Windows
Aluminum
Renovations
Roof - covering (2024)
Window type
Sliding
Basement
Crawl space
Heating system
Electric baseboard units
Foundation
Poured concrete
Siding
Brick
Roofing
Asphalt and gravel

Lot and Exterior Features

Lot area 4 112 sq ft (382.00 m²)
Lot dimensions 8.53 x 44.20 meters
28 x 145 feet
Topography
Flat
Parking
Outdoor
Landscaping
Fenced
Zoning
Residential

Room Details

Building Level Room Dimensions Flooring
LOGEMENT 2nd floor Hallway 3.1x3.9 P Ceramic tiles
LOGEMENT 2nd floor Bedroom 8.1x11.5 P Wood
LOGEMENT 2nd floor Cellar / Cold room 8.2x11.9 P Wood
LOGEMENT 2nd floor Living room 10.11x10.0 P Wood
LOGEMENT 2nd floor Bathroom 4.4x5.10 P Ceramic tiles
LOGEMENT 2nd floor Kitchen 7.9x13.9 P Ceramic tiles
LOGEMENT 3rd floor Living room 11.9x11.1 P Wood
LOGEMENT 3rd floor Bedroom 11.9x11.8 P Wood
LOGEMENT 3rd floor Bedroom 10.1x11.0 P Wood
LOGEMENT 3rd floor Bathroom 4.6x5.11 P Ceramic tiles
LOGEMENT 3rd floor Kitchen 7.11x13.3 P Ceramic tiles
LOGEMENT 3rd floor Living room 11.7x11.1 P Wood
LOGEMENT 3rd floor Home office 11.11x4.0 P Wood
LOGEMENT 3rd floor Bedroom 9.9x11.8 P Wood
LOGEMENT 3rd floor Bathroom 3.11x5.2 P Linoleum
LOGEMENT 3rd floor Kitchen 7.8x13.9 P Ceramic tiles

Characteristics

Water supply
Municipality
Heating energy
Electricity
Distinctive features
Wooded lot: hardwood trees
Proximity
Highway
Cegep
Daycare centre
Golf
Hospital
Park - green area
Bicycle path
Elementary school
High school
Public transport
University
Sewage system
Municipal sewer

Addendum

Superb, meticulously maintained 6-unit building, ideally located on the corner of the highly sought-after Laurier Street, in the heart of the desirable Petit Laurier district. A rare investment opportunity offering stability, peace of mind, and excellent income potential.

The building, measuring 28 x 60 feet with irregular dimensions, has benefited from numerous improvements over the years. It offers excellent rental quality with very good tenants already in place and easy management.

The building includes:

- Three 3 ½ open-concept apartments with one closed bedroom (5230, 5232, 5236)
- Three 4 ½ apartments with a double room allowing for a second closed bedroom (5228, 5234, 5238)

Several major renovations have been completed:

- All kitchens have been renovated
- Three bathrooms have been completely renovated
- Wall-mounted heat pump (12,000 BTU) in each unit
- Roof replaced in 2024
- Soundproofed party wall with cellulose insulation between apartments

The building also includes:

- Four storage lockers (one for the owner and one per floor at the rear)
- Attractive rear balconies
- Very large rear lot with exclusive use for the ground floor
- Access door to the basement for maintenance and four of the six water heaters
- Units 5228 and 5230 have their water heaters concealed within their units.

- 3 parking spaces, one rented to unit 5236 and two included in the lease for unit 5238.

Unit 5234 will be available in July, offering an excellent opportunity for immediate rental income.

Potential income of $101 820 starting in July!

Exceptional location -- it doesn't get much better than this!

Located in one of Montreal's most sought-after areas, this building boasts a strategic location with a Walk Score of 94 and an impressive Bike Score of 100 -- a true paradise for cyclists!

Within walking distance:

- Grocery stores, pharmacies, liquor stores (SAQ), restaurants, cafes, bistros, bars, and local shops
- Jean-Talon Market
- BIXI stations and Communauto car-sharing locations
- Bike paths
- Laurier and Rosemont metro stations
- Several bus routes
- Nearby educational services:
Garderie du Monde Papineau, École St-Ambroise, École Madeleine-de-Verchères, École Père-Marquette, and Pierre Elliott Trudeau Elementary School.

- Downtown is accessible in approximately 20 minutes by car or 30 minutes by public transit.

A solid investment in a high-demand area--an opportunity not to be missed!

Sale with exclusion(s) of legal warranty – See listing broker(s)

Inclusions

6 water heaters, all included in the leases

Exclusions

Description not available.

Municipal assessment

  • Building assessment 2026

    $ 576,400

  • Lot assessment 2026

    $ 573,000

  • Total

    $ 1,149,400

Annual taxes and Expenses

  • Taxes municipales 2026

    $ 6,910

  • Taxes scolaires 2025

    $ 836

Location

5228 5238 Av. Papineau H2H1W2 Montréal (Le Plateau-Mont-Royal) Montréal Le Plateau-Mont-Royal

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FOR SALE

$1,799,000 CAD

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Listing agents

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Maxime Tardif

Residential and Commercial Real Estate Broker


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Hervé Houot

Residential and Commercial Real Estate Broker

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for sale, Montréal (Le Plateau-Mont-Royal)

LOCATION

5228 5238 Av. Papineau H2H1W2 Montréal (Le Plateau-Mont-Royal) Montréal Le Plateau-Mont-Royal

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