1648-1658 Av du Mont-Royal E - Storefront Retail/Residential FOR SALE


Montréal, QC H2J 1Z5
$3,900,000 CAD
438-544-0577
1648-1658 Av du Mont-Royal E, Montréal, QC for Sale
$3,900,000 CAD
Storefront Retail/Residential - FOR SALE
1/5
null | 8.03% Cap Rate

1648-1658 Av du Mont-Royal E
Montréal, QC H2J 1Z5


HIGHLIGHTS

  • Signage opportunity available.
  • Street parking available.
  • Easily accessible property.
  • At the corner of rue Marquette & Mont-Royal E offering Great visibility and strong foot traffic.
  • 2 buildings with 5 residential units and 3 commercial spaces.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$3,900,000 CAD

PRICE/SF

$359 CAD /SF

CAP RATE

8.03%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1926

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

0416 , C.4, H

APN/PARCEL ID

2317025

ASK ABOUT THIS PROPERTY

Mario ConteRE/MAX Action Inc.More Info
438-544-0577

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Mario ConteRE/MAX Action Inc.More Info
438-544-0577

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.