4938-4942 Ch de la Côte-des-Neiges - Storefront Retail/Residential FOR SALE


Montréal, QC H3V 1H2
$2,100,000 CAD
514-629-9366
4938-4942 Ch de la Côte-des-Neiges, Montréal, QC for Sale
$2,100,000 CAD
Storefront Retail/Residential - FOR SALE
1/19
null | Request Cap Rate

4938-4942 Ch de la Côte-des-Neiges
Montréal, QC H3V 1H2


HIGHLIGHTS

  • Five residential units and one commercial unit.
  • Two residential units have been renovated with upgraded finishes.
  • Recent improvements include paving, front stairs, and security cameras.

OVERVIEW

4938-4942 Ch. de la Côte-des-Neiges presents a mixed-use investment opportunity consisting of five residential units and one commercial unit along one of Montréal's established commercial corridors. The property's divided co-ownership structure provides ownership flexibility and may support future unit-by-unit disposition strategies, subject to applicable regulations and market conditions. The asset benefits from recent capital improvements, including new front stairs, updated paving, and the installation of security cameras. Two of the residential units have undergone comprehensive renovations featuring upgraded finishes and modern smart appliances, contributing to the property's overall condition and tenant appeal. The combination of residential and commercial income streams offers diversification within a single investment. Positioned within the Côte-des-Neiges district, the property is surrounded by a broad mix of retail businesses, restaurants, neighborhood services, educational institutions, healthcare facilities, and public transportation options. Proximity to major transit routes, universities, hospitals, and commercial amenities supports accessibility for both residential tenants and commercial occupants. The location's established urban environment and mixed-use character contribute to ongoing demand from a diverse tenant base. An existing CMHC-financed loan with a reported interest rate of 3.70% is in place and is stated to be assumable by a purchaser, subject to lender approval and applicable requirements. The property's mixed-use composition, recent improvements, renovated residential units, and flexible ownership structure create an opportunity for investors seeking income-producing real estate in a centrally located Montréal neighborhood.

FOR SALE DETAILS

PRICE

$2,100,000 CAD

PRICE/SF

$157 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Samuel BenizriKeller WilliamsMore Info
514-629-9366

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Samuel BenizriKeller WilliamsMore Info
514-629-9366

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