5159-5165 Ch de la Côte-des-Neiges - Apartments FOR SALE


Montréal, QC H3T 1X9
$5,299,000 CAD
514-772-0771
5159-5165 Ch de la Côte-des-Neiges, Montréal, QC for Sale
$5,299,000 CAD
Apartments - FOR SALE
1/1
null | Request Cap Rate

5159-5165 Ch de la Côte-des-Neiges
Montréal, QC H3T 1X9


HIGHLIGHTS

  • Rare mixed-use investment anchored by 19 income-producing units in a prime Montréal neighborhood.
  • Two street-level commercial spaces providing additional revenue and strong visibility on a high-traffic corridor.
  • Strategically located near metro stations, transit routes, healthcare facilities, and major universities.
  • Zoning permits future redevelopment potential of up to six floors for added value creation.
  • Includes CMHC-insured mortgage with favorable terms that can be assumed under agreed conditions.
  • Strong local rental demand supported by employment, education institutions, and urban conveniences.

OVERVIEW

5159-5165 Chemin de la Côte-des-Neiges represents a rare investment opportunity in one of Montréal’s most dynamic districts. This property consists of three adjoining buildings positioned on a strategic corner with excellent visibility and strong long-term potential. The asset includes 19 leased units—17 residential apartments and 2 ground-floor commercial spaces—delivering income stability and consistent rental demand. The residential component comprises twelve 2½ units, four 3½ units, and one 4½ unit, each featuring well-defined layouts. The commercial spaces on the ground level benefit from high pedestrian traffic, making them attractive to neighborhood retailers and service providers. Located moments from major universities, metro stations, and essential amenities, this property draws sustained demand from professionals, students, and local businesses alike. Current zoning accommodates residential and commercial uses, with potential for future redevelopment up to six stories, offering significant upside for investors seeking strategic growth. Proximity to public transit, Mont Royal Park, and downtown Montréal enhances the property's long-term value and sustained occupancy performance.

FOR SALE DETAILS

PRICE

$5,299,000 CAD

PRICE/SF

$442 CAD /SF

# OF UNITS

14

PRICE/UNIT

$378,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1943

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,474 SF

ZONING

Residential/Commercial

APN/PARCEL ID

2172533

ASK ABOUT THIS PROPERTY

Marc EzerzerKW PrestigeMore Info
514-772-0771

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

Marc EzerzerKW PrestigeMore Info
514-772-0771

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