Situated in the heart of Old Montréal, this semi-commercial property offers a rare investment opportunity in one of the city’s most sought-after neighborhoods. Priced at $3,500,000 (plus GST/QST), the asset combines heritage architecture with income stability, featuring seven fully leased residential units and two ground-floor commercial spaces. The property’s historic character is underscored by features such as soaring 14-foot ceilings and iconic round windows that infuse the commercial areas with distinctive charm.
With an annual effective gross revenue projected at $203,940 for 2026 and zoning that supports both residential and commercial uses, this property provides diversified income streams in a location bustling with tourism and business activity. The surrounding Old Port district attracts strong foot traffic from visitors and locals alike, benefiting businesses and reinforcing residential demand. Access to major downtown arteries, public transportation, and cultural landmarks makes this a high-visibility, high-demand area for long-term appreciation and steady cash flow.