Map pin4535 Avenue Papineau, Montréal, QC, H2H 1V4, CA

4535-4555 Papineau

4535-4555 Papineau_Property for Sale

Attributes

Building area net
24,496 sf
Occupancy
78%
Year built
1952
Land area gross
13,848 sf

Asset Description

Unique opportunity to acquire 2 contiguous properties in the heart of Plateau-Mont-Royal at the corner of Papineau Street and Mont-Royal Avenue with phenomenal upside. The sale includes all plans and permits for both properties, which are approved and paid, to densify and add an additional two floors totaling 24 residential units. Ground floor is currently occupied by a gym at under market rents.

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Investment Highlights

Opportunity to densify and add 24 residential units

All construction plans are approved and building permits are paid

Opportunity to increase commercial revenue: currently under market

Located on Papineau Street and Mont-Royal Avenue, a burgeoning high-demand area for residential dwellings and commercial spaces

Proximity to the Mont-Royal metro (1.2km)

4535-4555 Papineau 4_Property for Sale
4535-4555 Papineau 4_Property for Sale
4535-4555 Papineau (0 Properties)

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Last updated
16 May 2024