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Équipe Tardif et associés
Real estate broker
Cellular :
Office : 514 447-8087
Fax :
1484 - 1496, Rue La Fontaine,
Montréal (Ville-Marie)
Centris No. 28783488
6 Room(s)
3 Bedroom(s)
1 Bathroom(s)
Nine apartments spread across two buildings, including a 5-plex on La Fontaine Street and a 4-plex accessible via a carriage entrance. Furnished studios (in the rear building), large apartments with character, and a charming interior courtyard. The plex requires updating, offering excellent potential for optimization in a highly sought-after central area.
Room(s) : 6 | Bedroom(s) : 3 | Bathroom(s) : 1 | Powder room(s) : 0
9 water heaters. Appliances included in certain leases
Tenants' personal belongings
Rare Investment Opportunity -- 9 Units in the Heart of Ville-Marie, Montreal
Ideal for owner-occupants or investors, this property comprises nine units spread across two buildings, one located directly on La ...
Rare Investment Opportunity -- 9 Units in the Heart of Ville-Marie, Montreal
Ideal for owner-occupants or investors, this property comprises nine units spread across two buildings, one located directly on La Fontaine Street and the other accessible via a carriage entrance leading to a lovely interior courtyard. The plex requires some updating, offering excellent potential for optimization.
**Key Features:
Building 1 -- 5 Plex (on 3 floors, La Fontaine Street):
- Brick building with wood floors
- Three 3-bedroom units, including two on two floors
- Two 2-bedroom units
- Large spaces, balconies with private storage overlooking the courtyard
- Lots of character and natural light
Building 2 -- 4 Plex (at the rear, via the carriage entrance):
- Four open-concept studios, all fully furnished (appliances and furniture included). No services included. - Ideal for short- or medium-term rentals
Technical features and assets:
- Washer/dryer hookups in all units
- Individual water heaters
- Recent electrical panels (100 A)
- Stable tenants and a peaceful atmosphere
Prime location:
Located in the heart of downtown Montreal, in the dynamic Ville-Marie district, close to transportation, shops, parks, and institutions. A sought-after area with strong rental demand.
A strategic investment with character, an exceptional location, and strong potential for improvement. Visit without delay!
* Unit 1490A vacates on July 1st
* Current income before July 1, 2025: $132,780
* Lease renewals and increases starting July 1, 2025:
- Unit 1484 will increase to $1,480/month
- Unit 1486 will increase to $1,600/month
- Unit 1488 will increase to $1,650/month
- Unit 1490 will increase to $1,355/month
- Unit 1494 will increase to $900/month
- Unit 1496 will increase to $1,163/month
For a total of $138,036 per year starting July 1, 2025
* Renewal without increase for units 1492 and 1492A
LOCATION: Ideally Perfect!
Walk Score 82, Bike Score 100
_ Close to the magnificent Parc La Fontaine
_ Several bus stops within walking distance: 45, 360, 445, 15, 359, 125, and 769
_ A 15-minute walk from Beaudry Metro Station and Papineau Metro Station
_ Close to major roads: Papineau Avenue, Route 134, Sherbrooke Street, René-Lévesque Boulevard E
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