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, Montréal (Le Plateau-Mont-Royal)
220 230 Rue Rachel E. H2W1E3 Montréal (Le Plateau-Mont-Royal) Montréal Le Plateau-Mont-Royal
# Centris :28725335
+3
FOR SALE
$2,995,000 CAD +GST/QST
Description
Exceptional income property located on a prime corner lot offering unmatched visibility in the heart of the Plateau-Mont-Royal.The building features four well-established commercial tenants and two spacious 3-bedroom residential units, ensuring highly stable rental income. Meticulously maintained, with several major improvements completed (electrical entrance, meters, doors and windows, brickwork, full renovation of both residential units). AAA location between Parc Lafontaine and Mont-Royal Avenue -- a solid investment in one of Montréal's most sought-after neighbourhoods.
Overview
MLS #
28725335
Type
Rooms
Room
Room(s)
Room
Garage
No
Size
3 165 pc
Land
1 575 pc
Year Built
1928
Building Details and Property Interior
-
Building Type
Attached
-
Year constructed
1928
-
Dimensions
70 x 20 feet
21.34 x 6.10 meters -
Living area
3 165 pc
-
Windows
Aluminum
-
Basement
6 feet and over
-
Heating system
Electric baseboard units
-
Foundation
Poured concrete
-
Siding
Brick
-
Roofing
Elastomer membrane
Lot and Exterior Features
-
Lot area
1 575 pc
-
Lot dimensions
70.00 x 22.50 meters
230 x 74 feet -
Zoning
Commercial Residential
Characteristics
-
Water supply
Municipality
-
Heating energy
Electricity
-
Proximity
Cegep Daycare centre Hospital Park - green area Bicycle path Elementary school High school Public transport University
-
Sewage system
Municipal sewer
Addendum
Rare Opportunity - Corner Mixed-Use Building in the Heart of the Plateau
This 6-unit income property offers excellent commercial exposure, stable revenue, and the rare option of an owner-occupied residential unit.
Configuration
* 4 commercial spaces, all leased to established businesses:
Matcha Tea Salon, Nuage Vintage Boutique, Spa Bête, Swirl Ice Cream Shop
Each commercial tenant has access to a designated portion of the basement (more than 1,400 sf of total area) , with the space divided equally among the four commercial units.
* 2 residential units (3 bedrooms each)
* All six units have their own Hydro-Québec meter and pay their own electrical consumption.
Major Work
* Complete replacement of electrical entrance and meters
* Both residential units fully renovated (plumbing + electrical)
* Brick joints repointed
* All doors and windows replaced
* Roof redone around 2015 by previous owner
Highlights
* Corner location offering top-tier visibility
* Highly desirable Plateau location between Parc Lafontaine and Mont-Royal
* Solid income + room for optimization
* Turn-key building
Invest in one of Montréal's most vibrant and proven rental markets.
The portion of the immovable subject to the Goods and Services Tax and the Quebec Sales Tax will be determined by the Buyer's notary and/or accountant.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Inclusions
Residential unit furniture
Exclusions
Tenants' personal effect and equipment.
Municipal assessment
-
Building assessment 2024
$ 695,500
-
Lot assessment 2024
$ 336,500
-
Total
$ 1,032,000
Annual taxes and Expenses
-
Assurances
$ 5,098
-
Taxes municipales 2025
$ 16,291
-
Taxes scolaires 2025
$ 742
Location
220 230 Rue Rachel E. H2W1E3 Montréal (Le Plateau-Mont-Royal) Montréal Le Plateau-Mont-Royal
FOR SALE
$2,995,000 CAD +GST/QST
Get in touch for more about this property
Listing agent
Seta Donabedian
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for sale, Montréal (Le Plateau-Mont-Royal)
LOCATION
220 230 Rue Rachel E. H2W1E3 Montréal (Le Plateau-Mont-Royal) Montréal Le Plateau-Mont-Royal
