4264-4274 Rue Saint-Denis 8,657 SF 100% Leased Retail Building Montréal, QC H2J 2K8 $3,174,760 USD ($366.73 USD/SF)

10-UNIT BUILDING FOR SALE BY OWNER OR POSSIBLE EXCHANGE
PLATEAU-MONT-ROYAL, MONTREAL
Asking Price: $4,500,000
DIRECT SALE BY OWNER
NOT LISTED ON MLS
FLORIDA PROPERTY WANTED
The owner may consider an exchange for a Florida house, condominium, waterfront property, vacant lot, or income-producing property.
This is a rare opportunity to acquire a prestigious mixed-use property featuring 8 residential units and 2 commercial units, located in the heart of Plateau-Mont-Royal, one of Montreal's most desirable neighborhoods.
Ideally located on the iconic Saint-Denis Street, the property is within walking distance of restaurants, cafés, shops, services, and public transportation. Mont-Royal Metro Station is less than a five-minute walk away.
This elegant limestone building boasts timeless architectural charm and excellent curb appeal. The property is in exceptional condition and benefits from existing permits and authorizations for short-term tourist accommodations—a highly valuable asset given current regulatory restrictions in Montreal.
Current Operating Revenue
• Residential income: $17,700 per month
• Commercial income: $7,600 per month
• Total monthly income: $25,300
• Annual residential income: $212,400
• Annual commercial income: $91,200
• Total annual income: $303,600
The residential units are currently leased to a company specializing in short-term tourist accommodations. A buyer may choose to maintain this arrangement and continue receiving rental income without being involved in the day-to-day management of the tourism operation.
The property also offers significant development potential. Subject to approvals and verification, there may be opportunities to add additional residential units at the rear of the building and develop basement space beneath the commercial units, increasing both rental area and future revenue potential.
Property Highlights
• 8 residential units
• 2 commercial units
• Annual revenue of approximately $303,600
• Existing short-term rental permits already in place
• Prime Plateau-Mont-Royal location
• Development potential
• Partial seller financing available
Sale Terms
• Asking Price: $4,500,000
• Recent bank appraisal: $4,500,000
• Partial seller financing available
• Direct sale by owner
• Not listed on MLS
• Sale without legal warranty of quality, at buyer's risk
Additional photographs, financial information, and supporting documentation may be provided to serious and qualified buyers following an initial discussion.
For more information, please email:
capitalfamilial@gmail.com
Please include your name and contact information, and I will respond promptly.