info@equipetardif.com 514 447-8087

for sale

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

1 799 000 $

Frontage
Dwelling
Dwelling
Dwelling

for sale

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

1 799 000 $

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!

Information request

Features

Landscaping
Fenced
Heating system
Electric baseboard units
Water supply
Municipality
Heating energy
Electricity
Windows
Aluminum
Foundation
Poured concrete
Siding
Brick
Distinctive features
Wooded lot: hardwood trees
Proximity
Highway, Cegep, Golf, Hospital, Park - green area, Elementary school, High school, Public transport, University, Bicycle path and Daycare centre
Basement
Crawl space
Parking
Outdoor
Sewage system
Municipal sewer
Window type
Sliding
Topography
Flat
Zoning
Residential
Roofing
Asphalt and gravel

Measurements

Building facade
8.53 meters
Building depth
18.36 meters
Front of the lot
8.53 meters
Depth of the lot
44.20 meters
Land area
382 square meters

Features of the rooms

Units
6 Units
Rooms
4 rooms, 2 bedroom(s), 1 bathroom(s), 0 shower room(s)
Bathroom 2nd floor
4.4 x 5.10 feet
Revêtement : Ceramic tiles
Kitchen 2nd floor
7.9 x 13.9 feet
Revêtement : Ceramic tiles
Living room 2nd floor
10.11 x 10.0 feet - irregular
Revêtement : Wood
Cellar / Cold room 2nd floor
8.2 x 11.9 feet
Revêtement : Wood
Bedroom 2nd floor
8.1 x 11.5 feet
Revêtement : Wood
Hallway 2nd floor
3.1 x 3.9 feet
Revêtement : Ceramic tiles
Bathroom 3rd floor
4.6 x 5.11 feet
Revêtement : Ceramic tiles
Living room 3rd floor
11.9 x 11.1 feet
Revêtement : Wood
Bedroom 3rd floor
11.9 x 11.8 feet - irregular
Revêtement : Wood
Kitchen 3rd floor
7.11 x 13.3 feet
Revêtement : Ceramic tiles
Bedroom 3rd floor
10.1 x 11.0 feet - irregular
Revêtement : Wood
Kitchen 3rd floor
7.8 x 13.9 feet
Revêtement : Ceramic tiles
Bathroom 3rd floor
3.11 x 5.2 feet
Revêtement : Linoleum
Bedroom 3rd floor
9.9 x 11.8 feet - irregular
Revêtement : Wood
Home office 3rd floor
11.11 x 4.0 feet
Revêtement : Wood
Living room 3rd floor
11.7 x 11.1 feet
Revêtement : Wood

Inclusions

Inclusions
6 water heaters, all included in the leases

Addenda

Addenda
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!

Expenses

Municipal Assessment

Building (2026)
$576,400
Lot (2026)
$573,000
Total
$1,149,400

Taxes

School taxes (2025)
$836
Municipal Taxes (2026)
$6,910
Total
$7,746

Calculators

Estimated monthly payment

** For reference only.