in Montréal (Rosemont/La Petite-Patrie)

1,499,000 $ +GST/QST
Description
Mixed-use building (1959): 4 four-and-a-half dwellings and 2 commercial units (hair salon and café) on Beaubien East, near Viau, Highway 40 and Maisonneuve-Rosemont Hospital. Fully rented: current gross income of $103,480/year, including two net commercial leases with tax recovery. Same family for decades, carefully maintained: roof 2016, commercial windows 2014, updated plumbing and electricity, separate meters. Investor file (leases, income, expenses, 2026 taxes) available upon request. One unit at $830 = rent upside upon turnover.
Highlights
A FULLY RENTED MIXED-USE BUILDING ON BEAUBIEN EAST Three-storey building built in 1959: four 4½ dwellings on the upper floors and two commercial spaces of approximately 750 sq. ft. each on the ground floor, with storefronts on the Beaubien East commercial artery. Five parking spaces at the rear. Owned by the same family for decades and maintained accordingly.
SOLID, DIVERSIFIED INCOME Six leases, six income streams. All four dwellings are rented ($1,350, $1,130, $830 and $1,395 per month). Both businesses are established and bound by net leases: a café committed until May 31, 2029 ($2,035 per month) and a hair salon in place since 2016 ($1,850 per month). Each business also pays its share of property taxes. The $830 unit offers clear upside at renewal.
A BUILDING KEPT UP, NOT CAUGHT UP Elastomeric membrane roof redone in 2016. Commercial windows replaced in 2014, PVC windows. Copper and ABS plumbing. Updated electrical with separate meters for each unit. Six water heaters. Electric baseboard heating, wall-mounted air conditioners, alarm system, washer-dryer hookups in the dwellings. Poured concrete foundation, brick exterior. Buyers, inspectors and lenders will find a building maintained year after year.
AN AREA THAT WORKS FOR YOU Nouveau-Rosemont, on the Beaubien East commercial artery. Maisonneuve-Rosemont Hospital and the Montreal Heart Institute are minutes away: a stable employment hub that supports both rental demand and street-front retail traffic. Buses on Beaubien, Viau metro and Highway 40 nearby. Joseph-Paré Park is steps away; Maisonneuve Park, the Botanical Garden and Olympic Park are minutes away. A neighbourhood of families and owner-occupants, where local businesses thrive on local customers.
TWO OPPORTUNITIES TO EXPLORE Storage lockers: the basement includes two vacant rooms, one of them dry, heated and finished. A preliminary study prepared by the broker plans up to 18 wire-mesh lockers rented to the building's occupants, for an estimated additional income of $820 to $1,050 per month ($9,800 to $12,600 per year), for an estimated investment of $6,000 to $9,000. Indicative estimate based on approximate measurements, not included in the declared income; the study and layout are available upon request. Re-leasing: the $830 unit rents below the area's market; its potential is realized when the tenant leaves.
CONDITIONS Price plus applicable GST and QST on the commercial portion. Sale without legal warranty of quality, at the buyer's own risk. Occupancy as per the leases. Showings by appointment, minimum 24-hour notice. Complete file available upon request: leases, income and expenses, 2026 tax bill, work invoices.
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