7 bedrooms
5 bathrooms
Lot dimensions 25.00x93.01 ft (7.62x28.35 m)

Owners’ comments

Automated translation

Charming Quintuplex for sale in the very sought after and peaceful neighborhood of Plateau Mont-Royal. Asking price: $1,368,000 (negotiable price)

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All apartments have been renovated over the years. The building has four and a half houses, 2 of which are located on the ground floor (each with a private backyard) and two others on the 2nd floor. All have oak floors and nice wood paneling. The large 5 and a half (1200 ft2) is located on the first floor

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All have front and back outdoor balconies and enclosed bedrooms. The five hot water tanks are located in the service cellar. All apartments have a washer-dryer/dishwasher entrance. There are two private parking lots at the back of the building connected by the alley

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Close to all amenities (grocery store, pharmacy, restaurants, restaurants, restaurants, bakery, SAQ, cafes, hardware store, cheese shop, etc.). 2 minutes from Laurier Park and Pool, 5 minutes from Laurier metro station and close to bus stops. Safe and peaceful, very good tenants, respectful, quiet and clean

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The roof was redone in 2016. The building has been well maintained over the years. The back balconies need to be renovated on the surface

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Annual rental income is currently $78,540 and will be $81,864 as of July 1, 2024. The leases are all renewed until June 30, 2025. Possibility to increase the rents compared to the current rental market

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Income distribution:

5181 = $1232/month, 5183 = $1271/month, 5185 = $1210/month, 5187 = $1375/month and 5189 (5 and 1/2) = $1719/month.

Municipal taxes are $9,629.24/year. It will be possible to reduce the amount of municipal and school taxes, because the municipal assessment is currently $1,508,300 and the market value of the building is lower

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The school tax is $1,245.76/year.

Home insurance currently costs me $1,878.07$/year.

Whose luck is it? An assured investment and well located on the Plateau Mont-Royal!

More photos will be sent to you by email upon request.

Alexander (514) 668-4333

alexandremorneau@outlook.com

Complete Description
Complete Description

Property features

Asking Price
$1,368,000
Style
Link
Details
No agents
Year of construction
1920
Building dimensions
25.00x50.39 ft (7.62x15.36 m)
General condition
Standard
Occupation rate
100
Certificate of Location
Yes
Courtyard orientation
North-East
Number of parkings
2
Municipal evaluation's date
2023
Taxes year
2024
1 Bedroom
4
3 Bedroom
1
Bedrooms (total)
7

External facing:

  • Brick

Foundation:

  • Cast concrete

Floor coverings:

  • Laminate
  • Hardwood
  • Ceramic

Windows:

  • PVC

Heating source:

  • Electric

Features:

  • Shed
  • Ceiling fixtures
  • Ventilator

Kitchen:

  • Raised panel oak
  • Melamine cabinets
  • Island
  • Dishwasher

Bathroom:

  • Bath and shower

Basement:

  • Crawl space

Upgrades:

  • Cabinets
  • Heating
  • Kitchen
  • Electrical
  • Insulation
  • Plumbing
  • Bathrooms
  • Roof
  • Painting

Location:

  • Near park
  • Residential area
  • Public transportation

Lot description:

  • Flat geography
  • Fenced

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Restaurant

Near Health Services:

  • Hospital
  • Dentist
  • Medical center
  • Health club / Spa

Near Educational Services:

  • Daycare
  • Kindergarten
  • Elementary school
  • High School
  • College
  • University

Near Recreational Service:

  • Sportif center
  • Bicycle Path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Suite
Storey: Main floor
Dimensions: 12' 6" x 50' (3,81 m x 15,24 m)
Flooring: Hardwood
Suite
Storey: Main floor
Dimensions: 12' 6" x 50' (3,81 m x 15,24 m)
Flooring: Hardwood
Suite
Storey: 1st floor
Dimensions: 25' x 50' (7,62 m x 15,24 m)
Flooring: Laminate
Suite
Storey: 2nd floor
Dimensions: 12' 6" x 50' (3,81 m x 15,24 m)
Flooring: Hardwood
Suite
Storey: 2nd floor
Dimensions: 12' 6" x 50' (3,81 m x 15,24 m)
Flooring: Hardwood

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$96.75
$1,161.00
Municipal taxes
$802.42
$9,629.00
Insurance
$156.50
$1,878.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Revenues
$6,822.00
$81,864.00

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.

$1,368,000

Quintuplex for sale

5181 rue de Lanaudière

Le Plateau-Mont-Royal Montréal / l'Île

No. 1073268

No agents
Contact the owner

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.

Contact the owner

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.