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for sale

3421 Av. de l'Hôtel-de-Ville
Le Plateau-Mont-Royal (Montréal), H2X3B5

MLS # 9880004

Welcome to the virtual tour , Enjoy your visit !

Rare Opportunity

Address:
3421--3443 AV DE L'HOTEL-DE-VILLE,

Borough:
Le Plateau

Number of floors:
3 Stories

Asset Class:
Multi- Family

Lot size:
690.60 Meters sqaured

Number of units:
18 Residential units

Asking price:
$7,200,000

Unit mix:
14 - 4 1/2
4 - 3 1/2

Proximity: Lafontaine park, Plateau Mont Royal,
Universities, metro stations

Current Annual Gross Revenue:
$326,100

Expenses Annual:
***Please note that each tenant pays their own separate
hydro bill/heating bill.
Taxes + insurance approx. $50,000

Optimization:
Currently combined this unique dwelling offers the chance
to subdivided each triplex OR convert to condos and offer
the chance to sell as individual units. Must be city
approved.

Only 3 of the 18 units are optimized. Proof of concept was
done with unit 3427 Currently rented at $2300/monthly.
There is a huge demand for 2 bedroom units renovated in
this area. Rents expected to be between $2300 - $2600
depending on renovation.

Appliances for each unit, washer dryer for each unit, hotwater tank for each unit.

$ 7,200,000
area
0 ft2
bedrooms
2
bathrooms
1
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  • Heating system: Electric baseboard units
  • Water supply: Municipality
  • Heating energy: Electricity
  • Distinctive features: Environmental study phase 1
  • Proximity: Highway, Cegep, Daycare centre, Golf, Hospital, Park - green area, Bicycle path, Elementary school, High school, Cross-country skiing, Public transport, University
  • Sewage system: Municipal sewer
  • Zoning: Residential
  • Municipal Taxes: $36,979 / year
  • School taxes: $5,154 / year

contact agent

Residential & Commercial Real Estate Broker

Mark Reiner

514-497-6252
mark@luxurymtl.com
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