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$2,999,000
ULS: 11889379

5-6-7-Plex for sale - Montréal (Le Plateau-Mont-Royal) (Le Plateau-Mont-Royal)

1600 - 1610 Rue Marie-Anne E., Montréal (Le Plateau-Mont-Royal) (Le Plateau-Mont-Royal)
Building comprising 5 residential units, 3 of which have private terraces, a 2400 square feet commercial space, a double garage, and 12 interior storage spaces. Here is a unique property, exceptionally well-maintained with high-quality tenants, located in the heart of Plateau Mont-Royal, just steps away from the famous Parc Lafontaine, public swimming pool, and Mont-Royal Avenue with its bistros and cafes. Gross annual income of $213,385.

Property features

2 Bedrooms
1 Bathroom

GABRIELLE ARSENAULT

Residential and Commercial Real Estate Broker

RE/MAX DU CARTIER INC.

ERIC OUELLETTE

Residential and Commercial Real Estate Broker

RE/MAX IMAGINE INC.


In the heart of the PLATEAU! UNIQUE! Prime Location! Building on a street corner.
Here is a unique property located in the heart of Plateau Mont-Royal! A safe investment! Current gross annual income of $213,850.

This property features a commercial space on the ground floor, occupied by a Massage Therapy Centre, as well as 5 superb apartments of various sizes, all well-appointed. Three units have their own private outdoor terraces. The apartments were renovated a few years ago.

Note the large double garage and the finished basement, with a height of over 7 feet, fully organized into 12 storage spaces. The garage is located at the back of the building, overlooking Courville Street.

The building is surrounded by three streets: Marie-Anne, Marquette, and Courville. Just a few minutes' walk from Parc Lafontaine, Bain Lévesque, Avenue du Mont-Royal, and all its cafes and restaurants.

Unit descriptions:

1600 A) Guaranteed favorite: Beautiful and rare large 5.5-room open concept with a wide central skylight to ensure natural light in the apartment, plus a huge rooftop terrace. Very rare on the Plateau.

1600 B) Very nice 3 ½ apartment, renovated with large windows to maximize brightness, overlooking Marie-Anne Street. Private rooftop terrace.

1600 C) Apartment 3 ½ from 1600A. Nicely appointed.

4340 - Large 3 ½ overlooking Marquette Street with a beautiful private rooftop terrace.

4344 - Spacious 4 ½ modern open concept overlooking Marquette Street. Unit with 2 full bathrooms. The master bedroom has its own private bathroom!

Commercial section: The monthly income from the business is $6,143.92, including shares of property tax and school tax, totaling $73,727.04 per year. The amount of business taxes assumed by the commercial tenant for 2024 is $15,348.19. Stable business with a lease ending in 2029, renewable.

Possibility of vendor financing.

Selling price: GST/QST taxes are applicable only on the percentage of the area occupied by the commercial portion. Please contact us for details.

POSSIBLE MORTGAGE ASSUMPTION at a rate of 3.69%.
Dimensions 51' X 100' 8" irr.
Year constructed 1937
Windows PVC
Window Type French door, Guillotine
Siding Brick
Roofing Elastomeric membrane
Garage Tandem, Built-in
Kitchen Cabinets Melamine
Basement Outdoor entrance, Partially finished, Lockers, 6 feet and more
Renovations Roof covering (2018, 40958)
Lot size 51' X 100' 8" irr.
Lot area 476.70 m²
Distinctive Features Back alley, Street corner
Parking (total) Garage (2)
Proximity Daycare centre, Hospital, Metro, Park, Bicycle path, Elementary school, High school, Public transportation, Municipal pool

Unit 1 (Monthly residential revenue)

Hall
Level: 2nd level
Dimensions: 15' X 3'8"
Flooring: Wood
Details:
Dining room
Level: 2nd level
Dimensions: 15'3" X 10'
Flooring: Wood
Details:
Living room
Level: 2nd level
Dimensions: 23'8" X 10'5"
Flooring: Wood
Details:
Kitchen
Level: 2nd level
Dimensions: 13'5" X 15'
Flooring: Ceramic
Details:
Primary bedroom
Level: 2nd level
Dimensions: 20' X 9'9"
Flooring: Wood
Details:
Bedroom
Level: 2nd level
Dimensions: 14' X 9'
Flooring: Wood
Details:
Bathroom
Level: 2nd level
Dimensions: 12'1" X 7'3"
Flooring: Ceramic
Details:

Unit 2 (Monthly residential revenue)

Hall
Level: 2nd level
Dimensions: 5'7" X 6'1"
Flooring: Laminate floor
Details:
Kitchen
Level: 2nd level
Dimensions: 9'2" X 6'1"
Flooring: Laminate floor
Details:
Living room
Level: 2nd level
Dimensions: 13'9" X 17'4"
Flooring: Laminate floor
Details:
Bedroom
Level: 2nd level
Dimensions: 13'10" X 10'6"
Flooring: Wood
Details:
Bathroom
Level: 2nd level
Dimensions: 5'3" X 4'5"
Flooring: Ceramic
Details:

Unit 3 (Monthly residential revenue)

Hall
Level: 2nd level
Dimensions: 4'5" X 12'1"
Flooring: Ceramic
Details:
Primary bedroom
Level: 2nd level
Dimensions: 11'9" X 11'6"
Flooring: Wood
Details:
Living room
Level: 2nd level
Dimensions: 11'4" X 10'3"
Flooring: Wood
Details:
Kitchen
Level: 2nd level
Dimensions: 17'9" X 10'3"
Flooring: Wood
Details:

Unit 4 (Monthly residential revenue)

Hall
Level: 2nd level
Dimensions: 5'4" X 6'3"
Flooring: Wood
Details:
Living room
Level: 2nd level
Dimensions: 18'5" X 11'8"
Flooring: Wood
Details:
Dining room
Level: 2nd level
Dimensions: 7'6" X 7'5"
Flooring: Wood
Details:
Kitchen
Level: 2nd level
Dimensions: 11'3" X 7'7"
Flooring: Wood
Details:
Primary bedroom
Level: 2nd level
Dimensions: 15'5" X 9'1"
Flooring: Wood
Details:
Bathroom
Level: 2nd level
Dimensions: 6'9" X 9'4"
Flooring: Ceramic
Details:
Laundry room
Level: 2nd level
Dimensions: 6'9" X 5'5"
Flooring: Ceramic
Details:

Unit 5 (Monthly residential revenue)

Hall
Level: 1st level/Ground floor
Dimensions: 6' X 7'6"
Flooring: Ceramic
Details:
Den
Level: 1st level/Ground floor
Dimensions: 6'5" X 11'1"
Flooring: Wood
Details:
Living room
Level: 1st level/Ground floor
Dimensions: 7'5" X 11'1"
Flooring: Wood
Details:
Kitchen
Level: 1st level/Ground floor
Dimensions: 9'1" X 8'5"
Flooring: Ceramic
Details:
Dining room
Level: 1st level/Ground floor
Dimensions: 9'2" X 10'
Flooring: Wood
Details:
Primary bedroom
Level: 1st level/Ground floor
Dimensions: 14'1" X 13'7"
Flooring: Wood
Details:
Bathroom
Level: 1st level/Ground floor
Dimensions: 4' X 10'9"
Flooring: Ceramic
Details:
Bedroom
Level: 1st level/Ground floor
Dimensions: 10' X 11'
Flooring: Wood
Details:
Bathroom
Level: 1st level/Ground floor
Dimensions: 8'8" X 9'8"
Flooring: Ceramic
Details:

Unit 6 (Commercial)

Rooms not detailed

Unit 7 (Parking/Garages)

Rooms not detailed

Unit 8 (Other)

Rooms not detailed
Heating System Electric baseboard units
Heating Energy Electricity
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2024)

Lot assessment
$ 936,700
Building assessment
$ 1,184,300
Total
$ 2,121,000

Taxes

Municipal (2024)
$ 28,933
School (2024)
$ 1,698
Total
$ 30,631

Annual expenses

Insurance
$ 6,234
Total
$ 6,234

Energy expenses

Electricity
$ 1,100
Total
$ 1,100

Gross annual revenues (potential)

Residential
$ 121,680
Commercial
$ 73,716
Parking
$ 15,840
Other
$ 2,148
Total
$ 213,384
Desjardins

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