Revenue property

2806 2816 Rue Hochelaga H2K1K5 Montréal (Ville-Marie) Montréal Central

$2,795,000 CAD

MLS: 27412520

Listing agents

Mikael Kurkdjian Certified Residential and Commercial Real Estate Broker AEO (438) 794-7993 5143825000 mikael.kurkdjian@remax-quebec.com
Xavier Grelier Certified Residential and Commercial Real Estate Broker 4387948003 5143744000 xavier.grelier@remax-quebec.com
Pierre-Luc Arseneault Certified Residential and Commercial Real Estate Broker AEO 4387948414 5143825000 pierreluc@remax-quebec.com

Description

Opportunities like this are rare. This is an exceptional location that should continue to benefit from strong long-term rental demand. The property is within walking distance of all essential services, including two metro stations, Préfontaine and Frontenac. One of the property's key strengths is its excellent unit mix. The top floor consists of 4 × 3½ units, the middle floor consists of 2 × 5½ units, while the lower level consists of 2 large 6½ units, each with four bedrooms (including double living rooms), in addition to a finished basement.

Overview

Bathrooms
Bathroom
Floors
3
Rooms
Room
Living area
NA
Lot area
3 690 pc
Building type
Attached
Building dimensions
51 x 40 feet
15.42 x 12.04 meters
Lot dimensions
51 x 72 feet
15.42 x 21.79 meters

Addendum

The property is very efficiently operated and benefits from a particularly advantageous expense structure. Heating and hot water
are electric and paid for by the tenants, while the hot water tanks are owned by the landlord. In the 3½ units, the hot water tanks
are located directly within the units. The hot water tanks serving the 5½ and 6½ units are located within the 6½ units.
All three floors offer ceiling heights of more than 8 feet. Unit 2806, a 6½, has a ceiling height of nearly 9 feet and also benefits
from a basement with a ceiling height exceeding 6 feet. Unit 2810 has a ceiling height of approximately 8.75 feet, while unit
2806B, a 3½, has a ceiling height of approximately 8.66 feet.
The units show extremely well: they are spacious, bright and very appealing. All leases have been renewed for 2026--2027, and
the property is fully leased. All units also have the necessary connections for a washer and dryer. The 3½ units are rented with a
refrigerator and stove supplied by the landlord, while no appliances are provided in the 5½ and 6½ units.
The balconies are fiberglass, and the windows have also been replaced in recent years. The tar-and-gravel roof was redone in
2004.
The property also benefits from an important and relatively rare feature for the area: 6 parking spaces at the rear of the building.
All six spaces are rented under signed agreements at $100 per month each, generating an additional $600 per month in revenue.
Given the quality of its location, its desirable unit mix and its particularly advantageous expense structure, the property presents
an attractive profile for CMHC-insured financing, subject to applicable eligibility and underwriting criteria.
This is a particularly compelling opportunity for a sophisticated investor seeking a quality property in an AAA location. The property has been owned and operated by the same ownership group since 1990, a period of 36 years.
A true generational opportunity to acquire a quality property in an exceptional location.
The location also provides convenient walking access to a wide range of amenities, including several grocery stores, pharmacies, shops, a Canadian Tire, and two metro
stations: Préfontaine and Frontenac. The property is also located just a few blocks from La Fontaine Park and offers particularly convenient access to downtown Montréal.

The floor plans and measurements have been prepared using CubiCasa and are provided for reference purposes only. As the measurements were generated using a digital measuring tool, they may not be 100% accurate and discrepancies may exist.
Furthermore, for the 6½ unit, the indicated square footage includes the main floor as well as the basement level, including the unfinished portion of the basement. As a result, the stated square footage for the 6½ unit is overstated, as the unfinished portion of the basement has also been included in the calculation.

Building details

Basement
6 feet and over
Partially finished
Heating system
Electric baseboard units
Siding
Brick
Roofing
Other 2004
Asphalt and gravel

Lot details

Parking
Outdoor
Zoning
Residential

Features

Water supply
Municipality
Heating energy
Electricity
Proximity
Highway
Cegep
Daycare centre
Hospital
Park - green area
Bicycle path
Elementary school
Réseau Express Métropolitain (REM)
High school
Public transport
University
Sewage system
Municipal sewer

Inclusions

As per the leases in place.

Exclusions

As per the leases in place.

Legal warranty

Sale with exclusion(s) of legal warranty – See listing broker(s)

Assessments, taxes and expenses

Municipal assessment 2024

Land
$428,600
Building
$713,200
Total
$1,141,800

Taxes and expenses

Insurance
$7,432
Municipal Taxes 2026
$6,567
School taxes 2026
$813
Total
$14,812

Property photos

2806 2816 Rue Hochelaga H2K1K5 Montréal (Ville-Marie) Montréal Central · MLS 27412520

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FACA
+30

Montréal (Ville-Marie)

2806 2816 Rue Hochelaga H2K1K5 Montréal (Ville-Marie) Montréal Central

Bedroom Bathromms NA

Description

Opportunities like this are rare. This is an exceptional location that should continue to benefit from strong long-term rental demand. The property is within walking distance of all essential services, including two metro stations, Préfontaine and Frontenac. One of the property's key strengths is its excellent unit mix. The top floor consists of 4 × 3½ units, the middle floor consists of 2 × 5½ units, while the lower level consists of 2 large 6½ units, each with four bedrooms (including double living rooms), in addition to a finished basement.

Features

MLS

27412520

Type

Revenue property

Room

Bathroom

Garage

No

Size

NA

Land

3 690 pc

Year Built

Building Type Attached
Year constructed
Dimensions 51 x 40 feet
15.42 x 12.04 meters
Living area NA
Basement
6 feet and over
Partially finished
Heating system
Electric baseboard units
Siding
Brick
Roofing
Other2004
Asphalt and gravel
Lot area 3 690 pc
Lot dimensions 51 x 72 feet
15.42 x 21.79 meters
Parking
Outdoor
Zoning
Residential
Water supply
Municipality
Heating energy
Electricity
Proximity
Highway
Cegep
Daycare centre
Hospital
Park - green area
Bicycle path
Elementary school
Réseau Express Métropolitain (REM)
High school
Public transport
University
Sewage system
Municipal sewer
The property is very efficiently operated and benefits from a particularly advantageous expense structure. Heating and hot water
are electric and paid for by the tenants, while the hot water tanks are owned by the landlord. In the 3½ units, the hot water tanks
are located directly within the units. The hot water tanks serving the 5½ and 6½ units are located within the 6½ units.
All three floors offer ceiling heights of more than 8 feet. Unit 2806, a 6½, has a ceiling height of nearly 9 feet and also benefits
from a basement with a ceiling height exceeding 6 feet. Unit 2810 has a ceiling height of approximately 8.75 feet, while unit
2806B, a 3½, has a ceiling height of approximately 8.66 feet.
The units show extremely well: they are spacious, bright and very appealing. All leases have been renewed for 2026--2027, and
the property is fully leased. All units also have the necessary connections for a washer and dryer. The 3½ units are rented with a
refrigerator and stove supplied by the landlord, while no appliances are provided in the 5½ and 6½ units.
The balconies are fiberglass, and the windows have also been replaced in recent years. The tar-and-gravel roof was redone in
2004.
The property also benefits from an important and relatively rare feature for the area: 6 parking spaces at the rear of the building.
All six spaces are rented under signed agreements at $100 per month each, generating an additional $600 per month in revenue.
Given the quality of its location, its desirable unit mix and its particularly advantageous expense structure, the property presents
an attractive profile for CMHC-insured financing, subject to applicable eligibility and underwriting criteria.
This is a particularly compelling opportunity for a sophisticated investor seeking a quality property in an AAA location. The property has been owned and operated by the same ownership group since 1990, a period of 36 years.
A true generational opportunity to acquire a quality property in an exceptional location.
The location also provides convenient walking access to a wide range of amenities, including several grocery stores, pharmacies, shops, a Canadian Tire, and two metro
stations: Préfontaine and Frontenac. The property is also located just a few blocks from La Fontaine Park and offers particularly convenient access to downtown Montréal.

The floor plans and measurements have been prepared using CubiCasa and are provided for reference purposes only. As the measurements were generated using a digital measuring tool, they may not be 100% accurate and discrepancies may exist.
Furthermore, for the 6½ unit, the indicated square footage includes the main floor as well as the basement level, including the unfinished portion of the basement. As a result, the stated square footage for the 6½ unit is overstated, as the unfinished portion of the basement has also been included in the calculation.

Sale with exclusion(s) of legal warranty - See listing broker(s)

Inclusions

As per the leases in place.

Exclusions

As per the leases in place.
  • Building assessment 2024

    $ 713,200

  • Lot assessment 2024

    $ 428,600

  • Total

    $ 1,141,800

  • Assurances

    $ 7,432

  • Taxes municipales 2026

    $ 6,567

  • Taxes scolaires 2026

    $ 813

2806 2816 Rue Hochelaga H2K1K5 Montréal (Ville-Marie) Montréal Central

FOR SALE

$2,795,000 CAD

Get in touch for more about this property

Contact me

Listing agents

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Mikael Kurkdjian

Certified Residential and Commercial Real Estate Broker AEO


Xavier Grelier

Xavier Grelier

Certified Residential and Commercial Real Estate Broker


profil_media

Pierre-Luc Arseneault

Certified Residential and Commercial Real Estate Broker AEO

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