2750 Av Van Horne - Apartments FOR SALE


Montréal, QC H3S 1P9
$3,200,000 CAD
514-683-6666
2750 Av Van Horne, Montréal, QC for Sale
$3,200,000 CAD
Apartments - FOR SALE
1/9
null | 4.01% Cap Rate

2750 Av Van Horne
Montréal, QC H3S 1P9


HIGHLIGHTS

  • - Incredible development opportunity in the heart of Côte-des-Neiges, just minutes from UdeM and Outremont
  • - Qualifies for CMHC MLI Select financing (energy efficiency)
  • - Large 7,700 SF lot with building extension possibility
  • - Potential to build 4 additional large two-storey apartments
  • - Construction permit approved at the City but not paid for yet
  • - Architect plans available upon request

OVERVIEW

2750 Van Horne Avenue represents a unique opportunity to acquire a quality multifamily property with excellent development potential, located in the heart of the highly sought-after Côte-des-Neiges neighborhood. Set on a 7,700 sq. ft. lot, the existing building includes one 3½, one 4½, and six 5½ units, as well as a large six-door garage with the potential to be converted into four new two-level units, each featuring four bedrooms and approximately 1,500 sq. ft. of living space. The property stands out for its good overall condition, strong development potential, and promising long-term appreciation. LOCATION Ideally located in Côte-des-Neiges, directly across from the Wilderton Centre, the property is just a few minutes’ walk from Université de Montréal, HEC, Polytechnique, and Collège Brébeuf, with quick access to the new Édouard-Montpetit REM station. Nearby: Parks: Martin-Luther-King Park Shopping: Wilderton Centre, Plaza Côte-des-Neiges Transportation: Université-de-Montréal metro, Édouard-Montpetit REM station Hospitals: Ste-Justine, Jewish General Hospital, St-Mary’s Schools & Universities: Université de Montréal, HEC, Polytechnique, Brébeuf College BUILDING Lot size: 7,700 sq. ft. 1 x 3½, 1 x 4½, and 6 x 5½ | Total: 8 residential units Heating: Electric, paid by tenants Hot water: Electric water heaters, paid by tenants Certificate of location: October 2017 Environmental study: Phase 1 – February 2018 DEVELOPMENT POTENTIAL Possibility to build a 7,867 sq. ft. extension (3 levels + basement), consisting of 4 new two-level units, each with 4 bedrooms and about 1,500 sq. ft. of living area. A building permit was approved by the City in May 2022 for this extension (the permit was never paid). Architectural plans are available upon request, showing 4 new two-level units of approximately 1,500 sq. ft. each. ADVANTAGEOUS FINANCING Potential to qualify for CMHC MLI Select financing under the energy efficiency criteria.

FOR SALE DETAILS

PRICE

$3,200,000 CAD

PRICE/SF

$541 CAD /SF

# OF UNITS

8

PRICE/UNIT

$400,000

CAP RATE

4.01%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1943

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,700 SF

ZONING

H.4-5

APN/PARCEL ID

custom-2556869

ASK ABOUT THIS PROPERTY

Marc-André KnotImmeubles GloriaMore Info
514-683-6666

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Marc-André KnotImmeubles GloriaMore Info
514-683-6666

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