Log In/Sign Up
Your email has been sent.
2750 Av Van Horne 8 Unit Apartment Building $2,292,395 USD ($286,549 USD/Unit) 4.01% Cap Rate Montréal, QC H3S 1P9
INVESTMENT HIGHLIGHTS
- - Incredible development opportunity in the heart of Côte-des-Neiges, just minutes from UdeM and Outremont
- - Large 7,700 SF lot with building extension possibility
- - Construction permit approved at the City but not paid for yet
- - Qualifies for CMHC MLI Select financing (energy efficiency)
- - Potential to build 4 additional large two-storey apartments
- - Architect plans available upon request
EXECUTIVE SUMMARY
2750 Van Horne Avenue represents a unique opportunity to acquire a quality multifamily property with excellent development potential, located in the heart of the highly sought-after Côte-des-Neiges neighborhood. Set on a 7,700 sq. ft. lot, the existing building includes one 3½, one 4½, and six 5½ units, as well as a large six-door garage with the potential to be converted into four new two-level units, each featuring four bedrooms and approximately 1,500 sq. ft. of living space. The property stands out for its good overall condition, strong development potential, and promising long-term appreciation.
LOCATION
Ideally located in Côte-des-Neiges, directly across from the Wilderton Centre, the property is just a few minutes’ walk from Université de Montréal, HEC, Polytechnique, and Collège Brébeuf, with quick access to the new Édouard-Montpetit REM station.
Nearby:
Parks: Martin-Luther-King Park
Shopping: Wilderton Centre, Plaza Côte-des-Neiges
Transportation: Université-de-Montréal metro, Édouard-Montpetit REM station
Hospitals: Ste-Justine, Jewish General Hospital, St-Mary’s
Schools & Universities: Université de Montréal, HEC, Polytechnique, Brébeuf College
BUILDING
Lot size: 7,700 sq. ft.
1 x 3½, 1 x 4½, and 6 x 5½ | Total: 8 residential units
Heating: Electric, paid by tenants
Hot water: Electric water heaters, paid by tenants
Certificate of location: October 2017
Environmental study: Phase 1 – February 2018
DEVELOPMENT POTENTIAL
Possibility to build a 7,867 sq. ft. extension (3 levels + basement), consisting of 4 new two-level units, each with 4 bedrooms and about 1,500 sq. ft. of living area. A building permit was approved by the City in May 2022 for this extension (the permit was never paid). Architectural plans are available upon request, showing 4 new two-level units of approximately 1,500 sq. ft. each.
ADVANTAGEOUS FINANCING
Potential to qualify for CMHC MLI Select financing under the energy efficiency criteria.
LOCATION
Ideally located in Côte-des-Neiges, directly across from the Wilderton Centre, the property is just a few minutes’ walk from Université de Montréal, HEC, Polytechnique, and Collège Brébeuf, with quick access to the new Édouard-Montpetit REM station.
Nearby:
Parks: Martin-Luther-King Park
Shopping: Wilderton Centre, Plaza Côte-des-Neiges
Transportation: Université-de-Montréal metro, Édouard-Montpetit REM station
Hospitals: Ste-Justine, Jewish General Hospital, St-Mary’s
Schools & Universities: Université de Montréal, HEC, Polytechnique, Brébeuf College
BUILDING
Lot size: 7,700 sq. ft.
1 x 3½, 1 x 4½, and 6 x 5½ | Total: 8 residential units
Heating: Electric, paid by tenants
Hot water: Electric water heaters, paid by tenants
Certificate of location: October 2017
Environmental study: Phase 1 – February 2018
DEVELOPMENT POTENTIAL
Possibility to build a 7,867 sq. ft. extension (3 levels + basement), consisting of 4 new two-level units, each with 4 bedrooms and about 1,500 sq. ft. of living area. A building permit was approved by the City in May 2022 for this extension (the permit was never paid). Architectural plans are available upon request, showing 4 new two-level units of approximately 1,500 sq. ft. each.
ADVANTAGEOUS FINANCING
Potential to qualify for CMHC MLI Select financing under the energy efficiency criteria.
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL (USD) | ANNUAL PER SF (USD) |
|---|---|---|
| Gross Rental Income |
$126,906
|
$21.44
|
| Other Income |
$963
|
$0.16
|
| Vacancy Loss |
$3,808
|
$0.64
|
| Effective Gross Income |
$124,061
|
$20.96
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$32,249
|
$5.45
|
| Net Operating Income |
$91,812
|
$15.51
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income (USD) | |
|---|---|
| Annual | $126,906 |
| Annual Per SF | $21.44 |
| Other Income (USD) | |
|---|---|
| Annual | $963 |
| Annual Per SF | $0.16 |
| Vacancy Loss (USD) | |
|---|---|
| Annual | $3,808 |
| Annual Per SF | $0.64 |
| Effective Gross Income (USD) | |
|---|---|
| Annual | $124,061 |
| Annual Per SF | $20.96 |
| Taxes (USD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (USD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (USD) | |
|---|---|
| Annual | $32,249 |
| Annual Per SF | $5.45 |
| Net Operating Income (USD) | |
|---|---|
| Annual | $91,812 |
| Annual Per SF | $15.51 |
PROPERTY FACTS
| Price | $2,292,395 USD | Apartment Style | Low-Rise |
| Price Per Unit | $286,549 USD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.18 AC |
| Cap Rate | 4.01% | Building Size | 5,920 SF |
| Gross Rent Multiplier | 17.93 | No. Stories | 3 |
| No. Units | 8 | Year Built | 1943 |
| Property Type | Multifamily | Parking Ratio | 0.75/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | H.4-5 | ||
| Price | $2,292,395 USD |
| Price Per Unit | $286,549 USD |
| Sale Type | Investment |
| Cap Rate | 4.01% |
| Gross Rent Multiplier | 17.93 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 5,920 SF |
| No. Stories | 3 |
| Year Built | 1943 |
| Parking Ratio | 0.75/1,000 SF |
| Zoning | H.4-5 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | $865.38 USD | - |
| 2+1 | 1 | $1,343 USD | - |
| 3+1 | 6 | $8,367 USD | - |
1 1
Walk Score®
Walker's Paradise (92)
Bike Score®
Very Bikeable (70)
1 of 10
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
2750 Av Van Horne
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.