$9,600,000
ULS: 26432833
16+-Plex for sale - Montréal (Côte-des-Neiges/Notre-Dame-de-Grâce) (Côte-des-Neiges)
2930 Boul. Édouard-Montpetit, Montréal (Côte-des-Neiges/Notre-Dame-de-Grâce) (Côte-des-Neiges)
Prime investment opportunity located just steps from the University of Montreal and within walking distance of three subway stations: metro Côte des Neiges, metro Édouard Montpetit, and metro Université de Montréal; this impressive 29-unit detached building presents an exceptional blend of location, convenience, and long-term value. With 28,515 sq ft of building space across five floors plus a basement, the property offers excellent optimization potential, allowing for enhancements that could further boost its value in one of Montreal's most desirable neighbourhoods.
Sale without legal warranty of quality, at the buyer's risk and peril.
Property features
2
Bedrooms
1
Bathroom
CATHERINE PAPACHRISTOU
Certified Real Estate Broker, AEO
RE/MAX 2000 INC.
CHRIS JEREMY PAPACHRISTOU
Real Estate Broker
RE/MAX 2000 INC.
ATHYNA PAPACHRISTOU
Real Estate Broker
RE/MAX 2000 INC.
Addendum
The building features various units, including two expansive penthouses with rooftop terrasse, that offer an elevated living experience. Each floor accommodates six units (seven on the second floor) equipped with stoves and refrigerators. Tenants benefit from individual gas heating with personal thermostats, while the owner covers the cost of heating and hot water. The tenants are responsible for electricity costs.
In addition to the well-appointed living spaces, the 17 lockers provide storage for the larger 4.5 units. This solidly built, well-maintained property is a sound investment with strong rental potential.
This is a rare opportunity to acquire a robust building with high optimization potential in one of Montreal's most sought-after areas. It offers proximity to key amenities, public transport, and the vibrant university district. Don't miss out on this chance to secure a high-performing asset with room for growth.
Note:
1. Please use the harmonization parameters used by CMHC for the expenses, vacancies, bad debt, administration, and maintenance reserved for the janitor. The listing sheet displays only expenses with supporting documentation.
2. The occupants of PH2 have the benefit of remaining as tenants for three years.
3. Two of the owners are non-residents.
4. At the SELLERS' request ( to multiple owners), all offers must be emailed to info@papachristou.ca, allowing for a response time of 5 business days.
5. This sale is made without legal quality warranty, at the buyer's risk.
In addition to the well-appointed living spaces, the 17 lockers provide storage for the larger 4.5 units. This solidly built, well-maintained property is a sound investment with strong rental potential.
This is a rare opportunity to acquire a robust building with high optimization potential in one of Montreal's most sought-after areas. It offers proximity to key amenities, public transport, and the vibrant university district. Don't miss out on this chance to secure a high-performing asset with room for growth.
Note:
1. Please use the harmonization parameters used by CMHC for the expenses, vacancies, bad debt, administration, and maintenance reserved for the janitor. The listing sheet displays only expenses with supporting documentation.
2. The occupants of PH2 have the benefit of remaining as tenants for three years.
3. Two of the owners are non-residents.
4. At the SELLERS' request ( to multiple owners), all offers must be emailed to info@papachristou.ca, allowing for a response time of 5 business days.
5. This sale is made without legal quality warranty, at the buyer's risk.
Building details and property interior
Year constructed
1959
Window Type
Sliding
Siding
Brick
Roofing
Asphalt and gravel
Garage
13 spaces
Washer/Dryer (installation)
Laundromat-Coinomatic (SS)
Lot and exterior features
Lot size
100' X 106' 11" irr.
Lot area
1,007.40 m²
Driveway
Asphalt
Parking (total)
Garage (13)
Proximity
CEGEP, Hospital, Metro, Park, Public transportation, University, Highway
Characteristics
Heating Energy
Natural gas
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2025)
- Lot assessment
- $ 1,435,500
- Building assessment
- $ 5,697,700
- Total
- $ 7,133,200
Taxes
- Municipal (2024)
- $ 43,687
- School (2024)
- $ 5,840
- Total
- $ 49,527
Annual expenses
- Management/Administration
- $ 7,800
- Elevator(s)
- $ 4,584
- Insurance
- $ 18,134
- Other
- $ 984
- Superintendent
- $ 7,800
- Snow removal
- $ 800
- Security
- $ 575
- Total
- $ 40,677
Energy expenses
- Electricity
- $ 4,923
- Gas
- $ 38,468
- Total
- $ 43,391
Gross annual revenues (potential)
- Residential
- $ 400,500
- Total
- $ 400,500
Inclusions and exclusions
Inclusions
29 stoves and 29 refrigerators
Exclusions
Tenants belongings
Mortgage payment calculator
$
$
$
%