About the Property
12-unit building in the heart of Plateau-Mont-Royal, carefully maintained and offering excellent long-term potential. Significant work has been carried out over the years to ensure the building's longevity, including an elastomeric membrane roof, masonry, underpinning, sub-foundation work, and major foundation repairs. Electricity, heating, and hot water are at the tenants' expense. A quality asset in a sought-after area of Montreal.
12-unit building in the heart of Plateau-Mont-Royal -- a carefully maintained asset offering quality and long-term potential.
This 12-unit residential building represents an excellent opportunity for an investor seeking a well-maintained property in one of Montreal's most sought-after areas.
Over the years, significant work has been carried out to ensure the building's longevity and good condition, including the replacement of the elastomeric membrane roof, masonry work, underpinning, sub-foundation work, and major foundation interventions.
Since its acquisition by the current owner in 2022, the building has continued to receive rigorous maintenance and regular improvements. Invoices relating to work completed since the acquisition are available for review upon request.
Electricity, heating, and hot water are at the tenants' expense, which helps limit the operating expenses assumed by the owner.
Its location in the heart of Plateau-Mont-Royal, close to shops, services, parks, bike paths, educational institutions, and public transportation, represents a significant advantage for the building's rental appeal and long-term value.
A well-maintained 12-unit building that has benefited from major work, offering an investor an attractive combination of quality, location, and long-term appreciation potential.