A rare opportunity for a visionary investor who recognizes the full potential of this exceptional address!

Located at the crossroads of Plateau-Mont-Royal and Mile End, only 350 metres from Mont-Royal metro station and steps from Saint-Denis Street, this property benefits from a strategic location in the heart of one of Montréal's most vibrant, sought-after and walkable neighbourhoods. Cafés, restaurants, boutiques, services and local shops contribute to the area's outstanding appeal.

The property includes two residential units on the upper floor and two commercial premises on the ground floor, both occupied by the same tenant. The residential and commercial tenants are quiet, reliable and respectful.

The property offers several value-enhancement opportunities, including optimizing rental income, modernizing the spaces, repositioning the asset or undertaking a redevelopment project, subject to the existing leases and the required approvals. Another particularly rare advantage in this area is the possibility of accommodating parking for up to five vehicles at the rear of the property.

Certain repairs are required, particularly to the roof and masonry. However, they also provide an opportunity for a buyer to reimagine the property according to their vision and maximize its value. For reference, some comparable properties in the area that have been modernized may reach values of approximately $3.5 million, depending on their characteristics, condition, rental income and completed improvements.

The listing includes photographs of the different floors, floor plans and a complete immersive tour of the ground floor, along with a partial tour of the upper floor, allowing for an adequate preliminary assessment of the property.

Please note that, out of respect for the current residential and commercial tenants, no visits will be permitted without a minimum of 48 hours' notice.

Please contact the listing broker with any questions or to obtain further information.