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5228 5238 Av. Papineau H2H1W2 Montréal (Le Plateau-Mont-Royal) Montréal Le Plateau-Mont-Royal

# Centris :9152429

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FOR SALE

$1,799,000 CAD

Description

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!

Overview

MLS #

9152429

Type

Revenue property

Rooms

4 Rooms

Room(s)

2 Rooms

Garage

No

Size

NA

Land

4 112 sq ft (382.00 m²)

Year Built

1924

Building Details and Property Interior

Building Type Attached
Year constructed 1924
Dimensions 8.53 x 18.36 meters
28 x 60 feet Irregular
Living area NA
Windows
Aluminum
Renovations
Roof - covering (2024)
Window type
Sliding
Basement
Crawl space
Heating system
Electric baseboard units
Foundation
Poured concrete
Siding
Brick
Roofing
Asphalt and gravel

Lot and Exterior Features

Lot area 4 112 sq ft (382.00 m²)
Lot dimensions 8.53 x 44.20 meters
28 x 145 feet
Topography
Flat
Parking
Outdoor
Landscaping
Fenced
Zoning
Residential

Room Details

Building Level Room Dimensions Flooring
LOGEMENT 2nd floor Hallway 3.1x3.9 P Ceramic tiles
LOGEMENT 2nd floor Bedroom 8.1x11.5 P Wood
LOGEMENT 2nd floor Cellar / Cold room 8.2x11.9 P Wood
LOGEMENT 2nd floor Living room 10.11x10.0 P Wood
LOGEMENT 2nd floor Bathroom 4.4x5.10 P Ceramic tiles
LOGEMENT 2nd floor Kitchen 7.9x13.9 P Ceramic tiles
LOGEMENT 3rd floor Living room 11.9x11.1 P Wood
LOGEMENT 3rd floor Bedroom 11.9x11.8 P Wood
LOGEMENT 3rd floor Bedroom 10.1x11.0 P Wood
LOGEMENT 3rd floor Bathroom 4.6x5.11 P Ceramic tiles
LOGEMENT 3rd floor Kitchen 7.11x13.3 P Ceramic tiles
LOGEMENT 3rd floor Living room 11.7x11.1 P Wood
LOGEMENT 3rd floor Home office 11.11x4.0 P Wood
LOGEMENT 3rd floor Bedroom 9.9x11.8 P Wood
LOGEMENT 3rd floor Bathroom 3.11x5.2 P Linoleum
LOGEMENT 3rd floor Kitchen 7.8x13.9 P Ceramic tiles

Characteristics

Water supply
Municipality
Heating energy
Electricity
Distinctive features
Wooded lot: hardwood trees
Proximity
Highway
Cegep
Daycare centre
Golf
Hospital
Park - green area
Bicycle path
Elementary school
High school
Public transport
University
Sewage system
Municipal sewer

Addendum

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!

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

Inclusions

6 water heaters, all included in the leases

Exclusions

Description not available.

Municipal assessment

  • Building assessment 2026

    $ 576,400

  • Lot assessment 2026

    $ 573,000

  • Total

    $ 1,149,400

Annual taxes and Expenses

  • Taxes municipales 2026

    $ 6,910

  • Taxes scolaires 2025

    $ 836

Location

5228 5238 Av. Papineau H2H1W2 Montréal (Le Plateau-Mont-Royal) Montréal Le Plateau-Mont-Royal

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FOR SALE

$1,799,000 CAD

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Listing agents

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Maxime Tardif

Residential and Commercial Real Estate Broker


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Hervé Houot

Residential and Commercial Real Estate Broker

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

LOCATION

5228 5238 Av. Papineau H2H1W2 Montréal (Le Plateau-Mont-Royal) Montréal Le Plateau-Mont-Royal

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