$3,395,000

8-Unit building for sale - Montréal (Le Plateau-Mont-Royal) (Le Plateau-Mont-Royal)

$3,395,000

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$3,395,000

8-Unit building for sale - Montréal (Le Plateau-Mont-Royal) (Le Plateau-Mont-Royal)

$3,395,000

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945 Boul. St-Joseph E., Montréal (Le Plateau-Mont-Royal) (Le Plateau-Mont-Royal), H2J 1K7

Exceptional Investment Opportunity -- 8-Unit Building in the Heart of Plateau Mont-Royal Ideally located in one of Montreal's most desirable neighborhoods, this well-managed and meticulously maintained building offers strong income potential. It includes two 7 1/2 apartments, completely stripped and rebuilt, spread over two floors, as well as six 4 1/2 apartments. Its strategic location, between Laurier Park and La Fontaine Park, just steps from the Laurier metro station, is a major asset. Possibility of double occupancy for the buyer. An opportunity not to be missed.

  • Lot area: 2,714 SF
  • NUMBER OF ROOMS : 0
  • Year built : 1940
GEORGES BARDAGI
Certified real estate broker
Brokers tranquilit
Building details and property interior
Particularities plusParticularities minus

29' X 82'

1940

7,224 SF

Poured concrete

Brick , Stone

Asphalt shingles , Asphalt and gravel

Wood , Ceramic

Addenda
Particularities plusParticularities minus

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 retains all its original character, starting with the spacious and bright entrance hall, adorned with Art Deco-style ceramic, terrazzo staircase, and pendant lighting. The building has been meticulously maintained over the years, with careful management and great respect for its architectural integrity. It includes two large 7 1/2 apartments, completely stripped and rebuilt, on two levels, and six 4 1/2 apartments--each comfortable and functional. The two 7 1/2 units, equipped with washer, dryer, and dishwasher hookups, are available to the buyer: one until May 1, 2025, and the other until July 1, 2025. 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.

****

A pre-sale inspection report is available.

The sale is made without legal warranty of quality, at the buyer's own risk.

A new certificate of location has been ordered. The listed dimensions are based on the City's assessment roll and will be confirmed upon receipt of the new certificate.

Building details and property interior
Particularities plusParticularities minus

29' X 82'

1940

7,224 SF

Poured concrete

Brick , Stone

Asphalt shingles , Asphalt and gravel

Wood , Ceramic

Lot and exterior features
Particularities plusParticularities minus

29' X 92'

2,714 SF

CEGEP , Daycare centre , Hospital , Metro , Park , Bicycle path , Elementary school , High school , Public transportation , University

Residential

Characteristics
Particularities plusParticularities minus

Electric baseboard units

Electricity

Municipality

Municipality

Included & Excluded
Particularities plusParticularities minus

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 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.

Financial details
Particularities plusParticularities minus
Assessment (2025)
Taxes
  • (2025)
  • (2024)
Gross yearly revenu (potential)
Annual Expenses
Energy
945 Boul. St-Joseph E., Montréal (Le Plateau-Mont-Royal) (Le Plateau-Mont-Royal), H2J 1K7
NEIGHBOURHOOD STATISTICS
  • Statistics Person living alone
  • Statistics Families with children
  • Statistics Families with no children
  • 6.6%
  • 13.0%
  • 3.9%
  • 13.9%
  • 62.7%
  • 0.1%
  • 2.9%
  • 10.2%
  • 81.4%
  • 5.5%
UnilingualFrenchUnilingualEnglishBilingual(fr/en)Other 0% 10% 20% 30% 40% 50% 60% 70% 80% 90%100%
  • Statistics Household
  • Statistics Individual
  • Statistics Owners
  • Statistics Renters
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GEORGES BARDAGI
Certified real estate broker
Brokers tranquilit

MORTGAGE PAYMENTS CALCULATOR

Financial details

Assessment (2025)
Taxes
  • (2025)
  • (2024)
Gross yearly revenu (potential)
Annual Expenses
Energy
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