4216 Av. De Lorimier, Le Plateau-Mont-Royal, Quebec

Income Property

4216 Av. De Lorimier, Le Plateau-Mont-Royal, QC

  • CA$4,900,000
  • 24 BEDS
  • 12 BATHS
  • 5,071.95 sq.ft. Land

Income Property

4216 Av. De Lorimier, Le Plateau-Mont-Royal, QC

  • CA$4,900,000
  • 24 BEDS
  • 12 BATHS
  • 5,071.95 sq.ft. Land

Key Facts

  • MLS® #: 15837554
  • Property ID: SIRC3501703
  • Property Type: Commercial, Other (Commercial)
  • Lot Size¹: 5,071.95 sq.ft.
  • Year Built: 1965
  • Bedrooms: 24
  • Bathrooms: 12
  • Municipal Taxes 2026: $22,784
  • School Taxes 2026: $2,744

Property Description

Exceptional investment opportunity in the heart of Plateau-Mont-Royal! This 12-unit apartment building, renovated since 2016 with quality modern finishes, is a true turnkey investment. Professionally managed, it is occupied by excellent tenants and offers outstanding income optimization potential. Major improvements include the membrane roof, masonry, rear balconies, foundation piling, structural underpinning, and foundation reconstruction. A meticulously maintained building offering sought-after rental stability. A rare opportunity on the market.

Discover an exceptional investment opportunity in the heart of Plateau-Mont-Royal. This 12-unit apartment building stands out for its quality maintenance, numerous renovations completed over the years, and diligent management.
Since 2016, significant work has been carried out to ensure the long-term integrity of the building, including the membrane roof, masonry, rear balconies, foundation piling, underpinning work, and foundation reconstruction. Invoices for work completed by the current owner since the acquisition in 2022 are available upon request.
The building is occupied by excellent tenants and benefits from strong rental stability. Electricity, heating, and hot water are paid by the tenants, contributing to efficient operating expense management.
Located in a highly sought-after area, close to services, shops, and transportation, this property represents a rare opportunity for an investor seeking a well-maintained asset with income optimization potential.

Amenities

  • Basement - Unfinished

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Location

4216 Av. De Lorimier, Le Plateau-Mont-Royal, Quebec, H2H2B1 Canada

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Additional Features

Heating system: Electric baseboard units, Water supply: Municipality, Heating energy: Electricity, Windows: Aluminum, Foundation: Poured concrete, Foundation: Stone, Proximity: Highway, Proximity: Cegep, Proximity: Daycare centre, Proximity: Golf, Proximity: Hospital, Proximity: Park - green area, Proximity: Bicycle path, Proximity: Elementary school, Proximity: High school, Proximity: Public transport, Proximity: University, Siding: Brick, Basement: Unfinished, Sewage system: Municipal sewer, Window type: Sliding, Window type: Crank handle, Roofing: Elastomer membrane, Topography: Flat, Zoning: Residential

Marketed By

Sotheby’s International Realty Québec
1430 rue Sherbrooke Ouest
Montréal, Quebec, H3G 1K4

Data provided by: Quebec Professional Association of Real Estate Brokers 600 Ch Du Golf, Ile -Des -Soeurs, Quebec H3E 1A8.
¹The value refers to the total area of living space within a residential structure or the property lot size. All information regarding lot or house size is deemed reliable but not guaranteed and must be verified by the purchaser. Measurement definitions may vary by region.
Home/Quebec/Le Plateau-Mont-Royal/MLS® 15837554