3545 Rue St-Urbain

Montréal — Plateau Mont-Royal, QC H2X 2N6

$2,399,000

Centris No. 21324345
  • 0bedrooms
  • 0bathrooms
  • 5,654 ft²living area

Discover a charming nine-unit rental building with a stunning greystone facade and original Victorian details. This prime investment opportunity is located in one of Montreal's most sought-after rental markets, just minutes from McGill and Concordia campuses. The property features easy-to-rent units and is conveniently close to essential amenities. Current annual revenue stands at $126,132, with 7 of 9 units rented and generating income. One unfinished unit offers the new owner a chance to customize and rent. Key upgrades include a new roof (2005) with annual maintenance, a state-of-the-art furnace/boiler (2016), and recently refreshed common areas. The building boasts high ceilings and bright apartments, and significant electrical and plumbing updates have been made throughout. This building is a must-see for savvy investors! There is a cultural designation on the building which require an extra approval when modifying the exterior. The owner had this done when the windows were changed in 2005.

Municipal taxes$11,926
School taxes$1,520
  • Water supply: Municipality
  • Proximity: Highway, Cegep, Daycare centre, Hospital, Park - green area, Bicycle path, Elementary school, High school, Cross-country skiing, Public transport, University
  • Sewage system: Municipal sewer
  • View: City
  • Zoning: Residential
  • Insurance: $10,037 / year
  • Energy cost: $8,300 / year
  • Municipal Taxes: $11,926 / year
  • School taxes: $1,520 / year