$3,400,000
Apply for your Desjardins mortgage financing →

6 units or more for sale

5314 avenue Papineau Le Plateau-Mont-Royal Montréal / l'Île

No. 1083949

No agents
Contact the owner Select the desired contact option among those that have been activated:
Send a message
Phone
514-419-9264

Are you a real estate agent?

This person is registered on the National Do Not Call List (DNCL).

NB: The owner requests that you not solicit them for the purpose of getting a listing agreement to sell their property. Thank you for respecting their choice to sell without an agent.

See it on the map
The steps involved in buying a property Buy
Print
Contact the owner Select the desired contact option among those that have been activated:
Send a message
Phone
514-419-9264

Are you a real estate agent?

This person is registered on the National Do Not Call List (DNCL).

NB: The owner requests that you not solicit them for the purpose of getting a listing agreement to sell their property. Thank you for respecting their choice to sell without an agent.

1 bedroom
13 bathrooms
Lot dimensions 9,633.70 ft² (895 m²)

Owners’ comments

Plateau Mont-Royal

One of the rare income buildings available in the area!

Includes 13 units (see description for sizes) and a 1,000 sq. ft. rear warehouse.

Most of the units have been renovated

The 4 1/2 have 2 closed bedrooms.

Spacious rooms

The units are rented with nothing included

A small 2 1/2 is completely stripped

Lots of potential to increase rents

Very good tenants

Annual gross income: $204,624/year

 

Complete Description
Complete Description

Property features

Asking Price
$3,400,000
Details
No agents
Year of construction
1933
Certificate of Location
Yes
Number of parkings
1
Municipal evaluation's date
2024
Building's municipal evaluation
$1,782,700
Taxes year
2024
Studio
1
1 Bedroom
4
2 Bedroom
8
Bedrooms (total)
19

External facing:

  • Brick
  • Stone

Foundation:

  • Cast concrete

Roof:

  • Gravel and asphalt

Floor coverings:

  • Laminate
  • Hardwood
  • Ceramic

Windows:

  • Aluminium
  • PVC

Electric system:

  • 200 amps

Kitchen:

  • Melamine cabinets

Bathroom:

  • Bath and shower

Basement:

  • Partially finished
  • Separate entrance

Upgrades:

  • Heating
  • Kitchen
  • Electrical
  • Windows
  • Insulation
  • External facing
  • Plumbing
  • Doors
  • Bathrooms
  • Painting
  • Foundation
  • Landscaping

Parking / Driveway:

  • Paving stone

Location:

  • Near park
  • Public transportation

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Restaurant
  • Shopping Center
  • Bar

Near Health Services:

  • Dentist
  • Medical center
  • Health club / Spa

Near Educational Services:

  • Daycare
  • Elementary school

Near Recreational Service:

  • Gym
  • Library
  • Bicycle Path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Bedroom 1 (Primary)
Storey: 1st floor
Dimensions: 13' x 13' (3,96 m x 3,96 m)
Flooring: Hardwood
Bedroom 2
Storey: 1st floor
Dimensions: 11' x 12' (3,35 m x 3,66 m)
Flooring: Hardwood

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$191.50
$2,298.00
Municipal taxes
$1,474.33
$17,692.00
Electricity
$50.00
$600.00
Total known costs
More info on the costs involved in buying a property

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Revenues
$18,037.00
$216,444.00

The steps involved in buying a property

Could this property be “the one”? Here’s an overview of the steps involved in becoming the owner. These steps and the legal implications remain the same whether the property is purchased from an individual or through a broker.

1
Financing

One of the first things to do when looking for a property is to get a mortgage preapproval from a financial institution. The goal is to determine borrowing capacity, and as a result, the price range to be looking in.

2
Offer to purchase

The property suits the budget and needs? Time to submit an offer to purchase! This document sets out the price, the elements included in the sale, the possession date, the conditions of purchase and all other information relevant to the sale.

Need the form?

Documents to download

3
Conditions of purchase

The offer to purchase generally includes conditions. The most common are the property passing an inspection, the buyer providing proof of financing and the buyer selling their own property. Once the listed conditions are met, the property is considered sold.

4
Property transfer

The last step is to see a notary, who is generally chosen by the buyer. This real estate professional drafts the deed of sale and ensures that the interests of all parties involved are respected.

Once the deed of sale is notarized, the new owner gets the keys to the home. All that’s left is to move in!

More details on these steps

See our All about buying section.

$3,400,000
Apply for your Desjardins mortgage financing →

6 units or more for sale

5314 avenue Papineau Le Plateau-Mont-Royal Montréal / l'Île

No. 1083949

No agents
Contact the owner Select the desired contact option among those that have been activated:
Send a message
Phone
514-419-9264

Are you a real estate agent?

This person is registered on the National Do Not Call List (DNCL).

NB: The owner requests that you not solicit them for the purpose of getting a listing agreement to sell their property. Thank you for respecting their choice to sell without an agent.

See it on the map
The steps involved in buying a property Buy
Print
Contact the owner Select the desired contact option among those that have been activated:
Send a message
Phone
514-419-9264

Are you a real estate agent?

This person is registered on the National Do Not Call List (DNCL).

NB: The owner requests that you not solicit them for the purpose of getting a listing agreement to sell their property. Thank you for respecting their choice to sell without an agent.

Do you want to sell commission-free, too?
Explanatory videos of our services
Free  consultation
1 866 387-7677
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