1648-1658 Av du Mont-Royal E 10,850 SF 100% Leased Retail Building Montréal, QC H2J 1Z5 $2,847,505 USD ($262.44 USD/SF) 8.03% Cap Rate

Positioned on a prominent corner of Avenue du Mont-Royal Est, this rare semi-commercial asset offers a compelling blend of income stability and location prestige. The property features three street-facing commercial units and six residential apartments, one of which is vacant and ready for full renovation. With an estimated annual gross revenue of approximately 313,000 $, this investment delivers immediate cash flow and long-term upside in one of Montréal’s most vibrant urban neighborhoods.
The building’s robust brick construction and elastomeric membrane roofing reflect its durability and upkeep. Tenants benefit from a mix of gas and electric heating, with commercial spaces like Les Brûleries St-Denis and Mignon Inc. anchoring the retail frontage. Located in the Plateau-Mont-Royal, the property enjoys exceptional pedestrian traffic, proximity to metro and public transit, and a dynamic mix of retail, residential, and cultural amenities.
This is a rare opportunity to acquire a corner-lot building in a high-demand area, ideal for investors seeking a stable asset with upside potential through residential unit upgrades and long-term tenant retention.