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Plex for sale, Le Plateau-Mont-Royal

4800 - 4802, Av. Papineau · Montréal

$2,125,000

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Listing broker: Marc-André Knot • # 28241006

Neighbourhood: Le Plateau-Mont-Royal

Yanick E. Sarrazin

Yanick E. Sarrazin

Real estate broker, residential and commercial

514-543-6808 bonjour@yesarrazin.com

Contact

Characteristics

Year built
1910

Description

A TRUE TURNKEY PROPERTY. Recently renovated building that has been well-maintained by the current owner. High rental income - minimal expenses for the owner (insurance and taxes). A semi-detached building with abundant windows on three sides - plenty of natural light. Original features have been preserved, lending a touch of timeless charm to the apartments. Located in a prime spot on the Plateau Mont-Royal, residents will be right next door to Le Petit Laurier, while a business owner benefits from an exceptional storefront location at the intersection of Gilford and Papineau.

Addenda

The building's full address: 4800-4802 Papineau / 1701-1705 Gilford Street.

The lease for retail space 1701 runs from June 1, 2026, through May 31, 2031.

Inclusions

Depending on the lease

Exclusions

Tenants' personal belongings

Features

  • Highway
  • CEGEP
  • Daycare centre
  • Golf
  • Hospital
  • Metro
  • Park
  • Bicycle path
  • Elementary school
  • Réseau Express Métropolitain (REM)
  • High school
  • Commuter train
  • Public transportation
  • University

Municipal assessment

Year
2026
Lot
$284,300
Building
$1,083,700
Total
$1,368,000

Taxes

Municipal (2026)
$17,580
School (2026)
$972

Expenses

Recovery of expenses
$-16,128
Insurance
$7,176
Maintenance
$8,014
Management/Administration
$8,014
Other
$1,172

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