1 bedroom
1 bathroom
1 half bath
11 levels
Living space area (basement exclu.) 330 ft² (30.66 m²)

Owners’ comments

Prime Studio Apartment near McGill & Concordia Universities!

Are you in search of a fantastic investment opportunity near renowned universities? Look no further! We proudly present a remarkable 330 sqft studio apartment located in close proximity to both McGill University and Concordia University.


Monthly rental income: $1100
Lease term: Until August 11th, 2024


Charming and Renovated Studio

Step into this charming studio apartment that has undergone recent renovations, including a brand new floor installed in 2021. This modern and stylish living space maximizes the use of its 330 sqft, offering a comfortable and functional environment for residents.

Lucrative Rental Potential

Investing in this studio apartment promises an attractive rental income. In 2022, the rental income reached $1,000, and the potential rental income is estimated to rise to $1,100. With such a desirable location near two prestigious universities, securing long-term tenants is a breeze, ensuring a consistent return on investment.

Convenient Location

Situated in the heart of a vibrant and bustling neighborhood, this studio apartment is ideally located for students and professionals alike. The close proximity to McGill University and Concordia University means students can enjoy a short commute, while professionals have easy access to downtown offices, making it an ideal choice for tenants seeking convenience.

Affordable Condo Fees

The condo fee for this studio apartment is $360, covering essential utilities such as water, electricity, and hot water. This allows for worry-free living and predictable monthly expenses, making it an attractive choice for both tenants and owners alike.

Educational Hub

Being nestled near two prestigious universities, this studio apartment offers residents the advantage of being part of a vibrant educational community. Enjoy the intellectual atmosphere and take advantage of the numerous resources, libraries, research centers, and cultural events that make this area truly exceptional.

Special Assessment Handled

One notable advantage of this property is that a special assessment of $7,497.52 was paid in 2022, ensuring that you won't face any additional unexpected expenses. Rest assured that you can invest in this studio apartment with peace of mind.

Secure Your Investment Today!

Don't miss out on this exceptional opportunity to own a renovated 330 sqft studio apartment near McGill University and Concordia University. Priced at $214,000, with a potential rental income of $1,100, this property offers both a comfortable living space and a lucrative investment.

Contact us now to schedule a viewing and secure your future with this remarkable studio apartment!


Jin Xing 



Complete Description
Complete Description

Property features

Located on which floor?
Property Style
Price Detail
Available Now
Asking Price
Municipal Assessment
Year of construction

External facing:

  • Concrete

Floor coverings:

  • Laminate
  • Ceramic

Heating source:

  • Electric


  • Wooden cabinets
  • Polyester cabinets
  • Stove
  • Fridge

Equipment/Services Included:

  • Elevator
  • Laundry room
  • Stove
  • Fridge


  • Totally finished
  • Concrete


  • Finished
  • Detached
  • Garage door opener
  • Underground
  • Secured

Parking / Driveway:

  • Outside
  • Underground


  • Near park
  • Residential area
  • Public transportation

Near Health Services:

  • Hospital
  • Dentist
  • Medical center

Near Educational Services:

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

Near Recreational Services:

  • Golf course
  • Gym
  • Sports center
  • Library
  • Museum
  • Casino
  • Bicycle path
  • Swimming pool

Complete list of property features

Room dimensions

Storey: Main floor
Dimensions: 7' 1" x 4' 10" (2,16 m x 1,47 m)
Flooring: Ceramic
Storey: Main floor
Dimensions: 5' 4" x 6' 2" (1,63 m x 1,88 m)
Flooring: Ceramic
Living room
Storey: Main floor
Dimensions: 14' 8" x 14' 5" (4,47 m x 4,39 m)
Flooring: Laminate

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.


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.

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

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.

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.


Condominium for sale

305-3480 rue Simpson

Ville-Marie (Centre-Ville et Vieux-Montréal) Montréal / l'Île

No. 1042912

Available Now
Contact the owner
Contact the owner