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5059 - 5071 Av. Papineau, Montréal (Le Plateau-Mont-Royal), QC, H2H 1B2

MLS® # 28392017
Investment For Sale In De Lorimier, Montréal (Le Plateau-Mont-Royal), Quebec
$1,870,000 +GST/QST
Frontage - 5059  - 5071 Av. Papineau, Montréal (Le Plateau-Mont-Royal), QC - Outdoor With Facade
Frontage - 5059  - 5071 Av. Papineau, Montréal (Le Plateau-Mont-Royal), QC - Outdoor With Facade
Other - 5059  - 5071 Av. Papineau, Montréal (Le Plateau-Mont-Royal), QC - Outdoor
Other - 5059  - 5071 Av. Papineau, Montréal (Le Plateau-Mont-Royal), QC - Indoor Photo Showing Other Room
Other - 5059  - 5071 Av. Papineau, Montréal (Le Plateau-Mont-Royal), QC - Indoor
Other - 5059  - 5071 Av. Papineau, Montréal (Le Plateau-Mont-Royal), QC - Indoor
Other - 5059  - 5071 Av. Papineau, Montréal (Le Plateau-Mont-Royal), QC - Indoor Photo Showing Other Room
Kitchen - 5059  - 5071 Av. Papineau, Montréal (Le Plateau-Mont-Royal), QC - Indoor
Kitchen - 5059  - 5071 Av. Papineau, Montréal (Le Plateau-Mont-Royal), QC - Indoor Photo Showing Kitchen
Dining room - 5059  - 5071 Av. Papineau, Montréal (Le Plateau-Mont-Royal), QC - Indoor Photo Showing Dining Room
Living room - 5059  - 5071 Av. Papineau, Montréal (Le Plateau-Mont-Royal), QC - Indoor Photo Showing Living Room
Office - 5059  - 5071 Av. Papineau, Montréal (Le Plateau-Mont-Royal), QC - Indoor
Living room - 5059  - 5071 Av. Papineau, Montréal (Le Plateau-Mont-Royal), QC - Indoor
Bathroom - 5059  - 5071 Av. Papineau, Montréal (Le Plateau-Mont-Royal), QC - Indoor Photo Showing Bathroom
Kitchen - 5059  - 5071 Av. Papineau, Montréal (Le Plateau-Mont-Royal), QC - Indoor Photo Showing Kitchen
Frontage - 5059  - 5071 Av. Papineau, Montréal (Le Plateau-Mont-Royal), QC  - Outdoor With Facade
Frontage - 5059  - 5071 Av. Papineau, Montréal (Le Plateau-Mont-Royal), QC  - Outdoor With Facade
Other - 5059  - 5071 Av. Papineau, Montréal (Le Plateau-Mont-Royal), QC  - Outdoor
Other - 5059  - 5071 Av. Papineau, Montréal (Le Plateau-Mont-Royal), QC  - Indoor Photo Showing Other Room
Other - 5059  - 5071 Av. Papineau, Montréal (Le Plateau-Mont-Royal), QC - Indoor
Other - 5059  - 5071 Av. Papineau, Montréal (Le Plateau-Mont-Royal), QC - Indoor
Other - 5059  - 5071 Av. Papineau, Montréal (Le Plateau-Mont-Royal), QC - Indoor Photo Showing Other Room
Kitchen - 5059  - 5071 Av. Papineau, Montréal (Le Plateau-Mont-Royal), QC - Indoor
Kitchen - 5059  - 5071 Av. Papineau, Montréal (Le Plateau-Mont-Royal), QC - Indoor Photo Showing Kitchen
Dining room - 5059  - 5071 Av. Papineau, Montréal (Le Plateau-Mont-Royal), QC - Indoor Photo Showing Dining Room
Living room - 5059  - 5071 Av. Papineau, Montréal (Le Plateau-Mont-Royal), QC - Indoor Photo Showing Living Room
Office - 5059  - 5071 Av. Papineau, Montréal (Le Plateau-Mont-Royal), QC - Indoor
Living room - 5059  - 5071 Av. Papineau, Montréal (Le Plateau-Mont-Royal), QC - Indoor
Bathroom - 5059  - 5071 Av. Papineau, Montréal (Le Plateau-Mont-Royal), QC - Indoor Photo Showing Bathroom
Kitchen - 5059  - 5071 Av. Papineau, Montréal (Le Plateau-Mont-Royal), QC - Indoor Photo Showing Kitchen
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5059 - 5071 Av. Papineau, Montréal (Le Plateau-Mont-Royal), QC, H2H 1B2
$1,870,000 +GST/QST

Property Information:

Location! with 50' frontage on Plateau Mont-Royal corner of Papineau/Laurier. 4 very large 6 1/2 apartments with 2 balconies each (Front and Back or side) and 1 commercial unit on the ground floor (Garderie). Many renovations since 2010 such as kitchens, bathrooms, windows, balconies, and bricks. Starting July 2024 Residential rent will be $77,268.

Visit only with an accepted Offer.
The land is condominium horizontal.
Electricity is the responsibility of the tenants.
There are tps/tvq on 40% of the building for the daycare.
A mortgage of $900,000 can be transferred to the Buyers, secured by a first-rank hypothec; this loan which bears interest at the rate of 4.65% per annum due in March 2027 (calculated semi-annually and not in advance), shall be calculated according to a maximum amortization plan of 25 years.

Exclusions : Tenant's belongings

Building Features:

  • Style: Multiplex
  • Basement: Less than 6 feet Unfinished
  • Siding: Brick
  • Size: 50.2 x 45.6 Feet
  • Heating Energy: Electricity
  • Water Supply: Municipality
  • Sewage System: Municipality

Potential Gross Revenue:

  • Residential: $71,844
  • Commercial: $52,728

Taxes:

  • Municipal Tax: $15,236
  • School Tax: $949
  • Annual Tax Amount: $16,185

Expenses:

  • Insurance: $1,627
  • Other: $13,425

Property Assessemnt:

  • Lot Assessment: $279,900
  • Building Assessment: $1,070,100
  • Total Assessment: $1,350,000

Property Features:

  • Bedrooms: 3
  • Bathrooms: 1
  • Built in: 1924
  • Lot Depth: 45.6 Feet
  • Lot Frontage: 50.2 Feet
  • Lot Size: 2287.33 Square Feet
  • Zoning: COMM, RESI

Revenue Units:

Unit 1

  • Pieces 6
  • Bedrooms 3
  • Baths 1

Unit 2

  • Pieces 6
  • Bedrooms 3
  • Baths 1

Unit 3

  • Pieces 6
  • Bedrooms 3
  • Baths 1

Unit 4

  • Pieces 6
  • Bedrooms 3
  • Baths 1

Unit 5

Data provided by: Centris - 600 Ch Du Golf, Ile -Des -Soeurs, Quebec H3E 1A8
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved.

Location of 5059 - 5071 Av. Papineau, Montréal (Le Plateau-Mont-Royal), QC, H2H 1B2

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

33 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: High

33 hot days expected in 2050

50/100

High

ClimateCheck®

Current data

This property, 5059 - 5071 Av. Papineau , experiences 7 hot days per year at around 30.9 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 33 hot days at 34.3 degrees Celsius.

Projected Avg. Temperature

Past
30.9℃
2050
34.3℃

# Hot Days Per Year

Past
7
2050
33

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

14 storms expected in 2050

73/100

ClimateCheck®

Current data

This property, 5059 - 5071 Av. Papineau , experiences 11 significant 2-day storms per year, with about 355.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 462.4mm of precipitation per year.

Precipitation Per Storm

Past
355.5mm
2050
462.4mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 5059 - 5071 Av. Papineau, Montréal (Le Plateau-Mont-Royal), QC, H2H 1B2

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$129,075.11

Average Number of Children

1.55

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

5.73 %

High school certificate or equivalent

13.24 %

Apprenticeship trade certificate/diploma

4.3 %

College/non-university certificate

17.4 %

University certificate (below bachelor)

6.43 %

University Degree

52.9 %

Commuter

Travel To Work

By Car

34.48 %

By Public Transit

28.48 %

By Walking

18.26 %

By Bicycle

16.16 %

By Other Methods

2.62 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

92.3 %

Houses

7.7 %

Own Vs. Rent