Land for development

Asking Price

$499,000

Area

2,014 SQ. Ft.

Price per SQ. Ft.

$247.77

Land Description

Exceptional residential development opportunity in the heart of Ville-Marie. The property is located on lot 3 361 323 and benefits from R.2 zoning, allowing the construction of 1 to 8 residential units.

The zoning by-law permits a 2- to 3-storey building, up to 12.5 metres in height, with a maximum site coverage of 70% and a maximum density of 3. Contiguous building type (C) is permitted, offering strong potential for site optimization.

Located in a desirable central area, the site is ideal for a multiplex or small rental building project. A strategic opportunity for a developer or investor looking to complete a human-scale residential project in a dynamic urban location.

The municipal zoning by-law shall prevail for final verification.

Location
Area attractions

Proximity to a major arterial road

Close to shops and services

Residential area

Additional Information

The sale is made without any legal warranty of quality, at the buyer's own risk.

Lot area: 2,014 sq. ft.

Potential for a multiplex project of up to 8 units, central Montréal location, clear regulatory framework, and attractive allowable density (3)

Zoning

Zoning information

Zoning Code
0005
Zoning Description
R.2 (1 to 8 dwelling units)
Public Services
Water, Sewer, Electricity
Specific Uses
None
Special Provisions
Contiguous building type

Project progress

Environmental Studies: Phase I
Preliminary plans and/or subdivision in progress
Project approved
Construction plans finalized
Demolition and/or Construction permits obtained

Information

PPCMOI
To be verified
Permitted Density
max 3
Type of Use
Residential
Number of Storeys Permitted
min 2 max 3
$ / SQ. Ft.
247,77 $/SQ. Ft.
Cadastre
3361323

Land description

Lot Number
3 361 323

Total Municipal Assessment

Municipal Assessment
329 500 $
Municipal Land Assessment
299 500 $
Municipal Building Assessment
30 000 $
Hendrik Lapointe
Hendrik Lapointe
Team Hendrik Lapointe
Senior VP
|
Real Estate Broker, CPA | PMML Partner
514 714-9008 hendrik.lapointe@pmml.ca
The remarks, descriptions, characteristics and financial projections contained in this document are for information only and should not be considered official. The information contained herein comes from sources we believe to be reliable, but for which we cannot guarantee the accuracy. It is the buyer's responsibility to check everything and to declare themselves satisfied or dissatisfied with it during the due diligence process following an accepted promise to purchase.
PMML inc. REAL ESTATE AGENCY AND MORTGAGE BROKERAGE FIRM ©COPYRIGHTS 2026 PMML - ALL RIGHTS RESERVED