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Bardagi - RE/MAX du Cartier G.B.
514 271-9895
Commercial

1150, Rue Marie-Anne E.

Le Plateau-Mont-Royal - H2J 2B7
# Centris : 24660361

Rare on the market, in the heart of the Plateau, this fully renovated multi-residential building (2020) represents a strategic investment opportunity in one of the most sought-after areas of the Plateau, ideally located between Parc LaFontaine & Mont-Royal Avenue. Comprising 64 units, including 48 2 1/2 & 16 3 1/2. Complete renovations carried out with durable materials & optimized for performance, this asset stands out for its strong income potential & long-term value. An exceptional opportunity for investors seeking a stable, high-performing & highly profitable building in a high-demand area.

$21,000,000
Photo 1 of 67
  • 40,800 ft²
  • 7,869 ft²
Centris Number : 24660361

Addenda

Note: All units are rented. The indicated potential gross annual income includes rent increase notices.

All mechanical, ventilation, electrical, walls, fire systems, windows, doors, bathrooms, kitchens, appliances, plumbing and roof is brand new, executed with a general contractor. Also, work was completed in2022. Brand New Building, fully stabilized with possibilities to increase rent and lower OPEX.

A turnkey asset, carefully optimized, offering a rare combination of location, construction quality, and income potential, ideal for investors seeking a distinctive and high-performing property. Effective gross annual income of $86,380.

Fully renovated from top to bottom in 2022, this exceptional building combines modernity, durability, and performance. Located in the heart of the Plateau, it stands out with its welcoming entrance hall, landings finished with ceramic on both floors and walls for enhanced durability, as well as the presence of an elevator and underground garages--rare features in the area.

The building comprises 64 apartments spread over 5 floors:

48 units of type 2 1/2, offered in two configurations, with a Murphy bed and television included, a kitchen with a two-seat island equipped with appliances, and a bathroom with a bathtub-shower.

16 units of type 3 1/2, also offered in two models, including a vestibule with closet, a closed bedroom with storage, a kitchen with a three-seat island and appliances, as well as a full bathroom.

Each unit features modern finishes and practical amenities, including storage space in the basement and access to a laundry room. All appliances are included. Ceilings over 8 feet enhance the sense of space and brightness.

Current occupancy:2 1/2: 48 units rented3 1/2: 16 units rented

*****

The living area has been calculated based on the measurements shown in the location certificate and may include the garage.

Special features of the building
Near to
Property type
Building type
Detached
Building size
80x102 Feet irr.
Living area
40,800 Square Feet
Land size
55x61 Feet
Land area
7,869 ft²
Zoning
Residential
Year of construction
1966
Repossession
No

Included

As per the leases.

Excluded

As per the leases.

Heating system
Electric baseboard units
Water supply
Municipality
Equipment available
Wall-mounted air conditioning
Entry phone
Easy access
Elevator
Distinctive features
Street corner
Environmental study phase 1
Proximity
Daycare centre
Park - green area
Bicycle path
Elementary school
High school
Public transport
Available services
Laundry room
Indoor storage space
Basement
6 feet and over
Finished basement
Sewage system
Municipal sewer
Zoning
Residential
Evaluation
Year
2026
Land
$2,193,300
Building
$7,664,100
Total
$9,857,400
Taxes
Municipal Taxes
$60,292
School taxes
$7,528
Total
$67,820
Other
Administration fees
$43,514
Elevators
$8,179
Insurance
$41,947
Other
$21,730
Caretaking
$6,347
Maintenance / Repairment
$39,040
Energy cost
$19,156
Total
$179,913
Incomes
Residential
$1,060,320
Parking
$21,000
Other
$9,900
Total
$1,091,220
Bardagi - RE/MAX du Cartier G.B.
514 271-9895
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