5 495 000$

MLS: 11546030

21 for sale - Montréal (Le Plateau-Mont-Royal)

2009 Rue Sherbrooke E., Montréal (Le Plateau-Mont-Royal), H2K 1C1

Le Plateau-Mont-Royal

Prime Value-Add Multi-Residential: Rare opportunity to acquire a 21-unit multi-residential property, currently configured as 17 large apartments due to unit combinations. The building offers immediate flexibility and strong value-add potential through re-leasing, modernization, or the potential addition of units, subject to buyer verification and municipal approvals. Tenants pay their own electricity, hot water, and heating. Ideally located in Plateau-Mont-Royal, near McGill University and Parc Lafontaine, in a highly walkable and transit-accessible area supporting long-term value growth. Visits with an accepted promise to purchase only.

Inclusions & exclusions

Inclusions:

as per leases

Exclusions:

as per leases

***Unit #18 has been merged with unit #19 to form a large 8 1/2 that is currently occupied by a tenant. It can be converted back into its original 4 1/2 and 3 1/2 respectively. See rent roll attached.***

***Total revenues include projected revenues for the vacant units. There is currently only 6 units rented with monthly revenues of approximately $7,886 per month or $94,632 in annual revenues.***

Addenda

***Unit #18 has been merged with unit #19 to form a large 8 1/2 that is currently occupied by a tenant. It can be converted back into its original 4 1/2 and 3 1/2 respectively. See rent roll attached.***

***Total revenues include projected revenues for the vacant units. There is currently only 6 units rented with monthly revenues of approximately $7,886 per month or $94,632 in annual revenues.***

Dimensions

83 M X 82 M

Living area

1007.5 SM

Construction year

1920

Building features

Dimensions

83 M X 82 M

Living area

1007.5 SM

Construction year

1920

Land area

603.9 SM

Driveway

Asphalt

Proximity

Highway, Cegep, Daycare centre, Hospital, Park - green area, Bicycle path, Elementary school, High school, Public transport, University

Parking

Outdoor

Land features

Land area

603.9 SM

Driveway

Asphalt

Proximity

Highway, Cegep, Daycare centre, Hospital, Park - green area, Bicycle path, Elementary school, High school, Public transport, University

Parking

Outdoor

Heating system

Electric baseboard units

Water supply

Municipality

Heating energy

Electricity

Sewage system

Municipal sewer

Building features

Heating system

Electric baseboard units

Water supply

Municipality

Heating energy

Electricity

Sewage system

Municipal sewer

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Financial details

Municipal evaluation (2025)

Land evaluation

1 509 800 $

Building evaluation

3 095 400 $

Total

4 605 200 $

Taxes

Municipal ((2025))

25 805 $

Scolar (2025)

3 323 $

Total

29 128 $

Annual costs

Insurance

17 598 $

Total

17 598 $

Energy costs

Total

1 154 $

Gross annual income (potential)

Residentials

464 232 $

Total

464 232 $