Montreal (Plateau-Mont-Royal) Multiplex for sale - $1,495,000

Just steps from the Mont-Royal metro station, this beautiful semi-commercial 3-plex with a slate attic is perfect for your future business or a solid, secure investment. Its magnificent façade, the most rustic on St-Denis Street, attracts the attention of many passersby day after day.

Addendum
THE AREA
St-Denis Street was transformed in 2020, with new urban developments, a now popular bike path, wide sidewalks, and a new dynamism for customers and merchants. Located near Marie-Anne Street, in the heart of the Plateau, with excellent visibility, pedestrian, cyclist, and car traffic are all very high.

Other attractive businesses in the neighborhood include Fido, Rogers, Bell Mobility, Shop Santé, Fuzz Wax Bar, Renaud-Bray, A & W, Poulet Rouge, McDonald's, Boutique Courir, Rachelle Bery, and more.

This area is easy to rent, with commercial space, residential apartments, and parking spaces in high demand.


THE COMMERCIAL SPACE
1183 sq ft on the ground floor, plus a finished basement with exterior exit for deliveries and storage. The entire backyard, exclusively rented to the commercial tenant, allows parking for up to 5 cars.

Available to the new owner on June 1, 2026, or before or after, subject to an agreement between the current occupant and the future buyer.

$4,600/month (+ GST/QST) until May 31, 2026. One-year renewal option.
The tenant pays their share of non-residential taxes. That's $11,530 (for 2025). The landlord pays the commercial premises' electricity costs. The premises' hot water tank also provides hot water for the second-floor apartment.


RESIDENTIAL UNITS
- 4322 (2nd floor)
- $2,300/month ± 1,183 sq. ft. + sunny side terrace.
- 3-bedroom, 1 bathroom and 1 powder room.

- 4320 (3rd floor)
- $2,440/month ± 1,183 sq. ft. + sunny side terrace.
- 3-bedroom, 2 bathrooms and a heat pump.

Gross annual income : $123,610.
($112,080 in rent plus $11,530 in municipal tax recovery).

IMPROVEMENTS
- Main drain replaced (Oct. 2019 - $3,250);
- Finished basement;
- Basement staircase completely redone (Dec. 2022 - $36,392);
- Rear balconies replaced with decks and new staircase (July 2017 - $44,265);
- Heat pump 3rd floor (April 2019 - $7,982);
- Heat pump commercial space (October 2024 - $16,733);
- New electric furnace commercial space (October 2024);
- New water heater in 4320 and plumbing work (April 2019 - $2,044);
- sanding floors at 4320 (June 2016 - $1,910).

A written agreement exists between the seller and the neighbor for the sharing of space in the former common fire escape.


Tenants and employees love this area, with the multitude of services on St-Denis Street and, its proximity to the three metro stations: Laurier, Mont-Royal, and Sherbrooke. A major commercial street, enjoying high traffic.


N.B.
The roof is old (2005). The seller had an inspection done in May; a report is available.


A grant for work on the building through the Commerce-Montréal program would likely be possible. Please check with the Plateau Mont-Royal borough; the seller provides no guarantees to this effect or that the new buyer would be eligible.


Sale without legal warranty of quality, at the buyer's own risk.