This investment property offers a rare opportunity to acquire a semi-commercial asset in Montréal’s coveted Outremont neighborhood. The building comprises five ground-floor retail spaces and twelve residential apartments, creating diversified income streams that enhance stability and future growth potential. With expected total annual revenue of $456,088 for 2025, this property provides investors with both immediate cash flow and strong long-term value appreciation.
Located on Avenue Bernard, a well-known commercial corridor, the property benefits from exceptional pedestrian activity, convenient transit access, and proximity to boutiques, cafés, and essential services. The submarket’s appeal is reinforced by its established residential base and vibrant local economy, making this property highly attractive for both investors and portfolio expansion. Built in 1924 and municipally assessed at over $6 million for 2024, the site occupies more than 14,700 square feet of building area on a 7,061-square-foot lot within a historically strong Montréal enclave.