Home | Royal LePage Altitude | Listing
, Montréal (Rosemont/La Petite-Patrie)
3522 3530 Rue Masson H1X1R9 Montréal (Rosemont/La Petite-Patrie) Montréal Old Rosemont
# Centris :23854810
+21
FOR SALE
$8,900,000 CAD +GST/QST
Description
30-unit income property comprising 1 x 6 1/2, 3 x 5 1/2, 6 x 4 1/2, 19 x 3 1/2 units, and a 1,220 sq. ft. commercial space. Total area of 19,014 sq. ft. CMHC mortgage assumption: APH 100 energy efficiency rating, 50-year amortization with a favorable rate of 3.41%, maturing in 2029. Investment opportunity with a 15% down payment.
Overview
MLS #
23854810
Type
Revenue property
Rooms
Room
Room(s)
Room
Garage
No
Size
NA
Land
5 746 sq ft (533.80 m²)
Year Built
1963
Building Details and Property Interior
| Building Type | Attached |
| Year constructed | 1963 |
| Dimensions |
26.67 x 14.80 meters 88 x 49 feet Irregular |
| Living area | NA |
| Heating system |
Electric baseboard units |
| Roofing |
Asphalt and gravel |
Lot and Exterior Features
| Lot area | 5 746 sq ft (533.80 m²) |
| Lot dimensions |
29.08 x 18.61 meters 95 x 61 feet |
| Zoning |
Commercial Residential |
Characteristics
| Water supply |
Municipality |
| Rental appliances |
OtherWifiplex |
| Heating energy |
Electricity |
| Easy access |
Elevator |
| Distinctive features |
Street corner Environmental study phase 1 Environmental study phase 2 |
| Proximity |
Highway Cegep Daycare centre Hospital Park - green area Bicycle path Elementary school High school Public transport |
| Available services |
Yard |
| Sewage system |
Municipal sewer |
Addendum
Amortization period: 50 years
Maturity date: 2029
Outstanding balance: $7,763,559.86
Interest rate: 3.41%
It is also possible to purchase shares in the homeowners' association.
The maintenance expenses of 30 x $620/year and janitorial expenses of 30 x $360 must be normalized as required by CMHC.
---
ADDENDA
Building Features
27 out of 29 units have been renovated.
Mixed-use building comprising 29 residential units as well as one commercial space.
Strong rental income and excellent occupancy stability.
Diverse unit mix offering strong rental appeal in a consistently high-demand market.
Large-scale real estate asset ideal for investors seeking a high-performing long-term investment.
Attractive optimization and value-add potential.
Area recognized for strong rental demand and commercial vitality.
Location & Neighborhood
Located in the heart of a vibrant and highly sought-after area of Montréal.
Neighborhood known for its dynamic atmosphere and strong commercial activity.
Close to numerous cafés, restaurants, bakeries, local shops, and essential services.
Quick access to grocery stores, pharmacies, banks, and sports facilities.
Area highly attractive to young professionals, families, and students alike.
Neighborhood offering excellent walkability and bike accessibility.
Transportation & Accessibility
Close to several bus lines providing easy access to various parts of Montréal.
Quick access to major roadways.
Convenient transportation to downtown and surrounding neighborhoods.
Bike paths and multiple mobility options nearby.
Parks & Lifestyle
Near several parks, green spaces, and recreational facilities.
Lively area offering a wide variety of activities, terraces, and urban attractions.
Neighborhood appreciated for its balance between residential living and commercial convenience. Maisonneuve Park, Botanical Garden, Olympic Stadium, Masson Promenade
Internet included via Plex Wi-Fi; add 1 elevator
A rare opportunity to acquire a large-scale income property in a strategic Montréal location.
----
FULL TOUR OF THE PROPERTY UPON ACCEPTANCE OF THE OFFER TO PURCHASE
Sale with exclusion(s) of legal warranty – See listing broker(s)
Inclusions
Depending on the leases.
Exclusions
Depending on the leases.
Municipal assessment
-
Building assessment 2024
$ 4,917,500
-
Lot assessment 2024
$ 907,500
-
Total
$ 5,825,000
Annual taxes and Expenses
-
Contrat d'entretien ascenseurs
$ 2,208
-
Assurances
$ 24,338
-
Autre
$ 4,360
-
Conciergerie
$ 10,800
-
Coût d'énergie
$ 2,761
-
Entretien/réparation
$ 18,600
-
Sécurité
$ 226
-
Taxes municipales 2026
$ 39,275
-
Taxes scolaires 2025
$ 3,813
Location
3522 3530 Rue Masson H1X1R9 Montréal (Rosemont/La Petite-Patrie) Montréal Old Rosemont
FOR SALE
$8,900,000 CAD +GST/QST
Get in touch for more about this property
Listing agents
Geneviève Langevin
Residential and Commercial Real Estate Broker
Eric Higgins
Residential and Commercial Real Estate Broker
for sale, Montréal (Rosemont/La Petite-Patrie)
LOCATION
3522 3530 Rue Masson H1X1R9 Montréal (Rosemont/La Petite-Patrie) Montréal Old Rosemont