Exceptional investment opportunity - 8-unit building in the heart of Plateau Mont-Royal. Ideally located in one of Montreal's most sought-after neighborhoods, this well-managed and well-maintained building offers strong income potential. It includes two fully gutted and rebuilt 7½ room apartments spread over two floors, as well as six 4½ room apartments. Its strategic location between Laurier and La Fontaine parks, just steps from Laurier metro station, is a major asset. Apartment #4 will be available to the buyer. An opportunity not to be missed!
29' X 82'
1940
7,224 SF
Poured concrete
Brick , Stone
Asphalt shingles , Asphalt and gravel
Wood , Ceramic
Description
Located at 945 Saint-Joseph East Boulevard, at the corner of Mentana Street, this classic 1940s residential building is a beautiful example of typical Plateau-Mont-Royal architecture. Built over three floors, it houses eight units and stands out with its period charm, red brick structure, and stone detailing, true to the Montreal style of the 1940s. The entire façade is accented with wrought-iron balconies, adding an elegant touch to six of the eight units.
The interior of the building has preserved all its original charm, starting with the spacious and bright entrance hall adorned with Art Deco--style ceramic flooring, a terrazzo staircase, and pendant lighting. The property has been carefully maintained over the years through diligent management and deep respect for its architectural integrity. It features two large 7½-room apartments, both completely gutted and rebuilt, spread across two floors: one is fully furnished, and the other includes six appliances. There are also six comfortable and functional 4½-room apartments. Both 7½ units are equipped to accommodate a washer, dryer, and dishwasher, and one of them, apartment #4, newly furnished and equipped, is available to the buyer. All rent increase notices have been duly sent.
Each unit also includes a storage space in the basement. In addition, the basement features a mechanical room, a shared laundry room, and a designated storage area for each unit. Bike racks installed by the City are conveniently located adjacent to the building.
This property enjoys a prime location in a dynamic and highly sought-after neighborhood. Just minutes from Laurier metro station and the vibrant commercial streets of Mont-Royal Avenue and Laurier Street, it offers an exceptional urban lifestyle. With a WalkScore of 98, it provides easy access to transit, cafés, restaurants, schools, and local shops. This building represents a rare opportunity for an investor seeking to optimize rental yield while investing in a heritage-rich property.
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A pre-sale inspection report is available.
The sale is made without legal warranty of quality, at the buyer's own risk.
29' X 82'
1940
7,224 SF
Poured concrete
Brick , Stone
Asphalt shingles , Asphalt and gravel
Wood , Ceramic
29' X 92'
2,714 SF
CEGEP , Daycare centre , Hospital , Metro , Park , Bicycle path , Elementary school , High school , Public transportation , University
Residential
Electric baseboard units
Electricity
Municipality
Municipality
As per the leases, and: - Appliances, see list in the annex. - Fire extinguishers in the corridors. - Washer/dryer in the laundry room in the basement. - Miscellaneous materials in the electrical room. Panels in the corridors. Replacement refrigerator located in the storage area with sink. All the furniture in apartment #4. All of the above are included without warranty of quality.
According to the leases, this includes the contents of the following storage areas: the storage to the left of the laundry room, storage units B and C, and other tenants' storage units. It also includes cleaning items stored in the area with the sink, which belong to Pause Ménage and are kept there in exchange for their cleaning services for the building.
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RE/MAX DU CARTIER | 1290 rue Bernard Ouest Bureau 100, Montréal, Québec, H2V 1V9
Hello, my name is GEORGES BARDAGI, real estate broker. Contact me for more information.
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