4938-4942 Ch de la Côte-des-Neiges 13,350 SF 100% Leased Retail Building Montréal, QC H3V 1H2 $1,523,948 USD ($114.15 USD/SF)

4938-4942 Ch. de la Côte-des-Neiges presents a mixed-use investment opportunity consisting of five residential units and one commercial unit along one of Montréal's established commercial corridors. The property's divided co-ownership structure provides ownership flexibility and may support future unit-by-unit disposition strategies, subject to applicable regulations and market conditions.
The asset benefits from recent capital improvements, including new front stairs, updated paving, and the installation of security cameras. Two of the residential units have undergone comprehensive renovations featuring upgraded finishes and modern smart appliances, contributing to the property's overall condition and tenant appeal. The combination of residential and commercial income streams offers diversification within a single investment.
Positioned within the Côte-des-Neiges district, the property is surrounded by a broad mix of retail businesses, restaurants, neighborhood services, educational institutions, healthcare facilities, and public transportation options. Proximity to major transit routes, universities, hospitals, and commercial amenities supports accessibility for both residential tenants and commercial occupants. The location's established urban environment and mixed-use character contribute to ongoing demand from a diverse tenant base.
An existing CMHC-financed loan with a reported interest rate of 3.70% is in place and is stated to be assumable by a purchaser, subject to lender approval and applicable requirements. The property's mixed-use composition, recent improvements, renovated residential units, and flexible ownership structure create an opportunity for investors seeking income-producing real estate in a centrally located Montréal neighborhood.