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$2,190,000
ULS: 15518327

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

5288 - 5294 Rue Marquette, Montréal (Le Plateau-Mont-Royal) (Le Plateau-Mont-Royal)
Discover this income property ideally located on a beautiful Plateau street, in the heart of Petit Laurier. This exceptional property offers both comfort and profitability, with reliable, long-term tenants. Magnificent first floor for owner-occupant, three large bedrooms including one double, double living room, renovated kitchen with dining area overlooking a beautiful courtyard. Large renovated bathroom. Modern garden shed for storage and parking. Don't miss this rare opportunity to acquire a beautiful income property in one of the most sought-after neighborhoods.
Living area 4,713 ft²

Property features

1 Bedroom
1 Bathroom

AMELIE JOLICOEUR

Certified real estate broker

RE/MAX DU CARTIER INC.

SIMON LAROUCHE

Certified real estate broker

RE/MAX DU CARTIER INC.

XAVIER HAMÉON PLANTE

Residential and Commercial Real Estate Broker

RE/MAX DU CARTIER INC.

Proximity:

Located in the vibrant Plateau Mont-Royal, 5288-5294 Marquette enjoys a prime location. This sought-after neighborhood is known for its dynamic atmosphere, tree-lined streets, and distinctive charm. You'll find a variety of cafes, restaurants, boutiques, and gourmet shops, all within walking distance.

Ideally situated in Petit Laurier, just steps from Avenue Laurier--the main artery of the neighborhood--offering an abundance of nearby shops: grocery store, cheese shop, creamery, pharmacy, home décor stores, restaurants, and cafes. This commercial diversity enhances the unique atmosphere of the area.

Nearby, Parc Laurier is a popular green space perfect for outdoor activities with its sports facilities, swimming pool, playgrounds, and relaxation areas. Petit Laurier, as a sub-neighborhood of the Plateau, adds a touch of friendliness with its welcoming parks and quality schools. The proximity to public transportation also facilitates access to downtown and other parts of Montreal. Living at 5288-5294 Marquette means enjoying an exceptional living environment that combines urban amenities with a warm atmosphere.

List of Renovations Completed in Recent Years:

2013

- Complete renovation of bathrooms and kitchens for all 4 apartments.
- Installation of a shed.

2014

- Repointing of bricks at the front and rear sides.
- Rear bricks redone using the original bricks turned around.
- Replacement of doors and windows throughout the building.
- Complete overhaul of plumbing, including new cast iron drains for the entire building.
- Installation of new, enlarged rear balconies.
- Major renovation of unit 5294: reconfiguration of the rear part with new kitchen and bathroom.

2015

- Installation of French drains and drainage wells.
Landscaping of the rear yard.

2018

- Roof renovation with an elastomeric membrane.
Dimensions 30' X 60' irr.
Year constructed 1924
Living area 4,713 ft²
Window Type Guillotine
Siding Brick
Roofing Elastomeric membrane
Washer/Dryer (installation) Other (RC)
Bathroom Separate shower
Basement Low (less than 6 feet), Unfinished
Lot size 30' X 108'
Lot area 3,240 ft²
Driveway Paving stone
Parking (total) Driveway (1)
Proximity Daycare centre, Hospital, Metro, Park, Bicycle path, Elementary school, High school, Cross-country skiing, Public transportation, University, CEGEP

Unit 1 (Monthly residential revenue)

Rooms not detailed

Unit 2 (Monthly residential revenue)

Rooms not detailed

Unit 3 (Monthly residential revenue)

Rooms not detailed

Unit 4 (Monthly residential revenue)

Rooms not detailed

Unit 5 (Monthly residential revenue)

Living room
Level: 1st level/Ground floor
Dimensions: 21'7" X 11'9"
Flooring:
Details:
Kitchen
Level: 1st level/Ground floor
Dimensions: 17'5" X 16'6"
Flooring:
Details:
Primary bedroom
Level: 1st level/Ground floor
Dimensions: 21'1" X 11'11"
Flooring:
Details:
Bedroom
Level: 1st level/Ground floor
Dimensions: 13'8" X 11'11"
Flooring:
Details:
Bedroom
Level: 1st level/Ground floor
Dimensions: 8'9" X 11'9"
Flooring:
Details:
Bathroom
Level: 1st level/Ground floor
Dimensions: 11'9" X 5'7"
Flooring:
Details:
Heating System Hot water, Electric baseboard units
Heating Energy Electricity, Natural gas
Water Supply Municipality
Sewage System Municipality
Occupancy Single

Financial details

Municipal assessment (2024)

Lot assessment
$ 587,000
Building assessment
$ 1,082,600
Total
$ 1,669,600

Taxes

Municipal (2024)
$ 10,659
School (2024)
$ 1,376
Total
$ 12,035

Annual expenses

Insurance
$ 5,137
Total
$ 5,137

Gross annual revenues (potential)

Residential
$ 108,324
Total
$ 108,324

Inclusions

Ground Floor 5294: Jenn-Air gas cooktop with built-in hood, built-in oven, Fisher-Paykel refrigerator, wine cellar, microwave, front-loading washer and dryer, all ceiling lights and curtain rods, 3 large Pax wardrobes in the front double bedroom. 5290 A: Stove, refrigerator. 5288: Stove, refrigerator, washer, dryer, microwave.

Exclusions

Tenant Effects

Desjardins

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