Revenue property
1530 1538 Av. Bourbonnière, Montréal (Mercier/Hochelaga-Maisonneuve) H1W 1N2
$3,100,000 CAD
MLS: 21379902
Listing agent
Description
An Investment Opportunity: A Nine-Unit Property with Significant Potential.Located at the corner of Bourbonnière and Adam Streets, this property stands out for its distinctive configuration, value-enhancement potential, and the prospects for growth in its surrounding neighbourhood.The building comprises eight 4½-room apartments and one spacious 8½-room apartment spread over two levels.Its corner location gives it a distinctive architectural character, with addresses on two separate streets and windows on three sides -- an uncommon feature.
Overview
- Bathrooms
- Bathroom
- Rooms
- Room
- Living area
- NA
- Lot area
- 2,737 sq ft (254.30 m²)
- Building type
- Attached
- Building dimensions
- 6.81 x 31.09 meters
22 x 102 feet - Lot dimensions
- 6.81 x 31.09 meters
22 x 102 feet
Addendum
*Several units also benefit from private terraces and dedicated storage spaces, desirable features that enhance tenant appeal and offer potential for rental value enhancement.*
The fully concrete basement also offers potential uses and development opportunities worth exploring, including the creation of additional workshop or storage spaces for tenants, subject to technical feasibility and compliance with applicable regulations.
For investors who value potential over immediate perfection, this property deserves serious consideration.
***Property viewings by appointment upon acceptance of an offer to purchase only***
Building details
- Basement
- 6 feet and over
Partially finished - Heating system
- Air circulation
Electric baseboard units - Siding
- Brick
Lot details
- Zoning
- Residential
Features
- Water supply
- Municipality
- Rental appliances
- Water heater 44
- Heating energy
- Electricity
Natural gas - Sewage system
- Municipal sewer
Inclusions
Description not available.
Exclusions
Description not available.
Legal warranty
Sale with exclusion(s) of legal warranty – See listing broker(s)
Assessments, taxes and expenses
Municipal assessment 2026
- Land
- $343,300
- Building
- $1,364,000
- Total
- $1,707,300
Taxes and expenses
- Insurance
- $9,707
- Other rental
- $530
- Municipal Taxes 2026
- $13,453
- School taxes 2027
- $1,295
- Total
- $24,985
Property photos
1530 1538 Av. Bourbonnière, Montréal (Mercier/Hochelaga-Maisonneuve) H1W 1N2 · MLS 21379902
