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Maxime Tardif

Maxime Tardif
Residential and Commercial Real Estate Broker

Cellular : 5144478087


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Revenue property for sale, Montréal (Le Plateau-Mont-Royal) |
$1,799,000

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5228, 5238 Av. Papineau, Montréal (Le Plateau-Mont-Royal)
Centris No. 9152429

Room(s)

4 Room(s)

Bedroom(s)

2 Bedroom(s)

Bathroom(s)

1 Bathroom(s)

Beautiful 6-unit building ideally located in the heart of the sought-after Petit Laurier district, on the corner of Laurier Street. This very well-maintained building features excellent tenants, renovated kitchens, 3 refurbished bathrooms, heat pumps in each unit, a roof that will be replaced in 2024, and 3 parking spaces. Potential income of $101 820 starting in July with one unit vacant. Exceptional location: close to the Laurier/Rosemont metro stations, Jean-Talon Market, and all amenities. Ideal for an investor!

Detailed information

Characteristics

Property Type
Revenue property
Year of construction
1924
Type of building
Attached
Trade possible
Building dimensions
8.53 m x 18.36 m - irr
Living Area
Lot dimensions
8.53 m x 44.20 m
Deed of Sale Signature
Zoning
Residential
Pool
Water supply
Municipality
Parking (total)
Foundation
Poured concrete
Driveway
Roofing
Asphalt and gravel
Garage
Siding
Brick
Lot
Fenced
Windows
Aluminum
Topography
Flat
Window Type
Sliding
Distinctive Features
Energy/Heating
Electricity
View
Basement
Crawl space
Proximity
University, Public transport, High school, Elementary school, Bicycle path, Park - green area, Hospital, Golf, Daycare centre, Cegep, Highway
Bathroom
Distinctive features
Wooded lot: hardwood trees
Sewage system
Municipal sewer
Parking
Outdoor
Heating system
Electric baseboard units
Dimensions
Width of the building
8.53 m
Depth building
18.36 m
Lot frontage
8.53 m
Depth of field
44.20 m
Lot dimensions (Sq. ft.)
382.00 m²
Fees and taxes
School taxes :
$836 (2025)
Municipal Taxes :
$6,910 (2026)
Total
$7,746
Municipal evaluation
Year
2026
Lot
$573,000
Building
$576,400
Total
$1,149,400
Annual Gross Revenue (Potential)
Residential
$101,820
Total revenue
$101,820
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Room dimensions

Room(s) : 4    |   Bedroom(s) : 2    |   Bathroom(s) : 1    |    Powder room(s) : 0

Room(s)
Level
Dimensions
Type of flooring
Additional information
Living room
3rd floor
11.7x11.1 ft.  
Wood
Living room
3rd floor
11.9x11.1 ft.  
Wood
Hallway
2nd floor
3.1x3.9 ft.  
Ceramic tiles
Home office
3rd floor
11.11x4.0 ft.  
Wood
Bedroom
3rd floor
11.9x11.8 ft.   - irr
Wood
Bedroom
2nd floor
8.1x11.5 ft.  
Wood
Bedroom
3rd floor
9.9x11.8 ft.   - irr
Wood
Bedroom
3rd floor
10.1x11.0 ft.   - irr
Wood
Cellar / Cold room
2nd floor
8.2x11.9 ft.  
Wood
Bathroom
3rd floor
3.11x5.2 ft.  
Linoleum
Bathroom
3rd floor
4.6x5.11 ft.  
Ceramic tiles
Living room
2nd floor
10.11x10.0 ft.   - irr
Wood
Kitchen
3rd floor
7.8x13.9 ft.  
Ceramic tiles
Kitchen
3rd floor
7.11x13.3 ft.  
Ceramic tiles
Bathroom
2nd floor
4.4x5.10 ft.  
Ceramic tiles
Kitchen
2nd floor
7.9x13.9 ft.  
Ceramic tiles
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Inclusions


6 water heaters, all included in the leases

Addenda


Superb, meticulously maintained 6-unit building, ideally

located on the corner of the highly sought-after Laurier

Street, in the heart of the desirable Petit Laurier

district. A rare investment opportunity offering stability,

peace of mind, and excellent income potential.

The building, measuring 28 x 60 feet with irregular

dimensions, has benefited from numerous improvements over

the years. It offers excellent rental quality with very

good tenants already in place and easy management.

The building includes:

- Three 3 ½ open-concept apartments with one closed bedroom

(5230, 5232, 5236)

- Three 4 ½ apartments with a double room allowing for a

second closed bedroom (5228, 5234, 5238)

Several major renovations have been completed:

- All kitchens have been renovated

- Three bathrooms have been completely renovated

- Wall-mounted heat pump (12,000 BTU) in each unit

- Roof replaced in 2024

- Soundproofed party wall with cellulose insulation between

apartments

The building also includes:

- Four storage lockers (one for the owner and one per floor

at the rear)

- Attractive rear balconies

- Very large rear lot with exclusive use for the ground

floor

- Access door to the basement for maintenance and four of

the six water heaters

- Units 5228 and 5230 have their water heaters concealed

within their units.

- 3 parking spaces, one rented to unit 5236 and two

included in the lease for unit 5238.

* The water heater for #5232 was changed at the end of

April 2026.

Unit 5234 will be available in July, offering an excellent

opportunity for immediate rental income.

Potential income of $101 820 starting in July!

Exceptional location -- it doesn't get much better than

this!

Located in one of Montreal's most sought-after areas, this

building boasts a strategic location with a Walk Score of

94 and an impressive Bike Score of 100 -- a true paradise

for cyclists!

Within walking distance:

- Grocery stores, pharmacies, liquor stores (SAQ),

restaurants, cafes, bistros, bars, and local shops

- Jean-Talon Market

- BIXI stations and Communauto car-sharing locations

- Bike paths

- Laurier and Rosemont metro stations

- Several bus routes

- Nearby educational services:

Garderie du Monde Papineau, École St-Ambroise, École

Madeleine-de-Verchères, École Père-Marquette, and Pierre

Elliott Trudeau Elementary School.

- Downtown is accessible in approximately 20 minutes by car

or 30 minutes by public transit.

A solid investment in a high-demand area--an opportunity

not to be missed!

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