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3522 3530 Rue Masson H1X1R9 Montréal (Rosemont/La Petite-Patrie) Montréal Old Rosemont

# Centris :23854810

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FOR SALE

$8,900,000 CAD +GST/QST

Description

30-unit income property comprising 1 x 6 1/2, 3 x 5 1/2, 6 x 4 1/2, 19 x 3 1/2 units, and a 1,220 sq. ft. commercial space. Total area of 19,014 sq. ft. CMHC mortgage assumption: APH 100 energy efficiency rating, 50-year amortization with a favorable rate of 3.41%, maturing in 2029. Investment opportunity with a 15% down payment.

Overview

MLS #

23854810

Type

Revenue property

Rooms

Room

Room(s)

Room

Garage

No

Size

NA

Land

5 746 sq ft (533.80 m²)

Year Built

1963

Building Details and Property Interior

Building Type Attached
Year constructed 1963
Dimensions 26.67 x 14.80 meters
88 x 49 feet Irregular
Living area NA
Heating system
Electric baseboard units
Roofing
Asphalt and gravel

Lot and Exterior Features

Lot area 5 746 sq ft (533.80 m²)
Lot dimensions 29.08 x 18.61 meters
95 x 61 feet
Zoning
Commercial
Residential

Characteristics

Water supply
Municipality
Rental appliances
OtherWifiplex
Heating energy
Electricity
Easy access
Elevator
Distinctive features
Street corner
Environmental study phase 1
Environmental study phase 2
Proximity
Highway
Cegep
Daycare centre
Hospital
Park - green area
Bicycle path
Elementary school
High school
Public transport
Available services
Yard
Sewage system
Municipal sewer

Addendum

The buyer will be responsible for a loan:

Amortization period: 50 years
Maturity date: 2029
Outstanding balance: $7,763,559.86
Interest rate: 3.41%

It is also possible to purchase shares in the homeowners' association.

The maintenance expenses of 30 x $620/year and janitorial expenses of 30 x $360 must be normalized as required by CMHC.

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ADDENDA

Building Features

27 out of 29 units have been renovated.

Mixed-use building comprising 29 residential units as well as one commercial space.
Strong rental income and excellent occupancy stability.
Diverse unit mix offering strong rental appeal in a consistently high-demand market.
Large-scale real estate asset ideal for investors seeking a high-performing long-term investment.
Attractive optimization and value-add potential.
Area recognized for strong rental demand and commercial vitality.

Location & Neighborhood

Located in the heart of a vibrant and highly sought-after area of Montréal.
Neighborhood known for its dynamic atmosphere and strong commercial activity.
Close to numerous cafés, restaurants, bakeries, local shops, and essential services.
Quick access to grocery stores, pharmacies, banks, and sports facilities.
Area highly attractive to young professionals, families, and students alike.
Neighborhood offering excellent walkability and bike accessibility.

Transportation & Accessibility

Close to several bus lines providing easy access to various parts of Montréal.
Quick access to major roadways.
Convenient transportation to downtown and surrounding neighborhoods.
Bike paths and multiple mobility options nearby.

Parks & Lifestyle

Near several parks, green spaces, and recreational facilities.
Lively area offering a wide variety of activities, terraces, and urban attractions.
Neighborhood appreciated for its balance between residential living and commercial convenience. Maisonneuve Park, Botanical Garden, Olympic Stadium, Masson Promenade

Internet included via Plex Wi-Fi; add 1 elevator

A rare opportunity to acquire a large-scale income property in a strategic Montréal location.

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FULL TOUR OF THE PROPERTY UPON ACCEPTANCE OF THE OFFER TO PURCHASE

Sale with exclusion(s) of legal warranty – See listing broker(s)

Inclusions

Depending on the leases.

Exclusions

Depending on the leases.

Municipal assessment

  • Building assessment 2024

    $ 4,917,500

  • Lot assessment 2024

    $ 907,500

  • Total

    $ 5,825,000

Annual taxes and Expenses

  • Contrat d'entretien ascenseurs

    $ 2,208

  • Assurances

    $ 24,338

  • Autre

    $ 4,360

  • Conciergerie

    $ 10,800

  • Coût d'énergie

    $ 2,761

  • Entretien/réparation

    $ 18,600

  • Sécurité

    $ 226

  • Taxes municipales 2026

    $ 39,275

  • Taxes scolaires 2025

    $ 3,813

Location

3522 3530 Rue Masson H1X1R9 Montréal (Rosemont/La Petite-Patrie) Montréal Old Rosemont

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FOR SALE

$8,900,000 CAD +GST/QST

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Listing agents

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Geneviève Langevin

Residential and Commercial Real Estate Broker


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Eric Higgins

Residential and Commercial Real Estate Broker

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for sale, Montréal (Rosemont/La Petite-Patrie)

LOCATION

3522 3530 Rue Masson H1X1R9 Montréal (Rosemont/La Petite-Patrie) Montréal Old Rosemont

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