A rare opportunity combining the charm of a century-old building with a prestigious location in the heart of Westmount. This 29-unit building consists of 28 5½-type units of approximately 1,000 sq. ft. and one 4½, offering generous living spaces, high ceilings, and abundant natural light. Ideally located just minutes from Westmount Park, north of Sherbrooke St. W., the property benefits from prime access to a wide range of essential shops and services. It is also close to Dawson and Marianopolis colleges, the McGill University Health Centre (MUHC), Montreal Children's Hospital, Vendôme metro station, and several shopping centres. A high-quality multifamily asset whose growth potential is supported by rents currently below market in one of Montreal's most sought-after areas.
Brick repointed +/- 10 years ago
13 units were renovated
All doors and windows were replaced +/- 15 years ago
North side largely redone following a fire in 2008
Plumbing and electrical systems are up-to-date/compliant
Interior marble staircases
The sale is made without legal warranty of quality, at the buyer's own risk.
| Cadastral number | 1582796 |
| Total Municipal Assessment | 9 168 300 $ |
| Municipal Land Assessment | 3 003 200 $ |
| Municipal Building Assessment | 6 165 100 $ |
| Number of Storeys | 3 |
| Type of Building | Detached |
| Type of Construction | Brick and wood |
| Year of Construction | 1908 |
| Fire System | Fire alarm system (under contract) |
| Type of Parking | Outdoor |
| Number of Parking Spaces | 2 (tandem) |
| Land Surface Area | 15248 |
| Laundry Room | Soundproofed laundry room (3 washers + 3 dryers) |
| Number of Rooms | 140 |
| Number of Units | 29 |
| Washer/Dryer Inlet | No |
| Appliance Responsibility | Tenant |
| Heating Responsibility | Tenant |
| Hot Water Responsibility | Tenant |
| Fenced | No |
| Internet and Telecom | Yes |
| Plumbing | Copper |
| Condition of Roof | North side and centre completely redone in 2008 |
| Condition of Doors | Fire-rated glass doors (grandfathered rights) |
| Condition of Balconies | N/A |
| Concierge Agreement | Yes (on site) |
| Intercom and Doorbell | To be verified |
| Heating System | Electric baseboards |
| Hot Water System | Individual water tanks (40 gallons in each unit + 60 gallons for the laundry room) |
| Condition of Windows | All windows changed 15-18 years ago |
| Condition of Kitchens | North side renovated (2008) |
| Electrical Panels | Circuit breakers |
| Exterior Siding | Brick repointed 10 years ago |
| Condition of Bathrooms | Good condition: vanity units + tub shower, tile flooring |
| Environmental Report | Phase IV - November 2025 |
| Floor Covering | Original hardwood |
| yearly | % / GR | RPU (m) | |
|---|---|---|---|
| Residential | $558,060 | 99.3 % | $1,604 |
| Affordable res. | |||
| Commercial | |||
| Lockers | |||
| Parking | |||
| Laundry | $3,800 | 0.7 % | $11 |
| Total revenues | $561,860 | $1,615 | |
| Vac. / Bad debt | $16,856 | 3 % | $48 |
| EGR | $545,004 | $1,566 | |
| Calc. | yearly | % OF EGR | CPU (y) | |
|---|---|---|---|---|
| Administration | Current | $27,532 | 5.1 % | $949 |
| Municipal Taxes | Current | $60,355 | 11.1 % | $2,081 |
| School Taxes | Current | $7,404 | 1.4 % | $255 |
| Insurance | Current | $26,616 | 4.9 % | $918 |
| Electricity | Current | $10,573 | 1.9 % | $365 |
| Heating | Current | |||
| Snow Removal | ||||
| Elevator | ||||
| Lawn | ||||
| Structural reserve | ||||
| Janitor | Current | $11,600 | 2.1 % | $400 |
| Maintenance | Current | $20,300 | 3.7 % | $700 |
| Appliances | ||||
| WiFi | ||||
| Heat pump | ||||
| CHMC: Other Costs | Normalised | $5,450 | 1 % | $188 |
| Fire Security | Current | $1,161 | 0.2 % | $40 |
| Total expenses | $170,992 | 31.4 % | $5,896 | |
| Net Revenue | $374,013 | $12,897 |
| Maximum loan amount | $7,017,522 | $7,017,522 | $7,360,777 | $7,645,142 |
| Financing CAP | 4.53 % | 4.53 % | 4.83 % | 4.65 % |
| Debt coverage ratio | 1.1 | 1.1 | 1.1 | 1.1 |
| Interest Rate | 3.8 % | 3.8 % | 3.8 % | 3.8 % |
| Amortization | 40 Years | 40 Years | 45 Years | 50 Years |
| Term | 5 Years | 5 Years | 5 Years | 5 Years |
| Net Revenue | $374,013 | $374,013 | $374,013 | $374,013 |
| Annual Mortgage Cost | $360,963 | $358,889 | $359,661 | $357,818 |
| Net cash after mortgage | $13,050 | $15,124 | $14,352 | $16,195 |
| RETURN ON INVESTMENT | ||||
| Down Payment | $3,632,478 | $3,632,478 | $3,289,223 | $3,004,858 |
| Cash on cash return | 0.4 % | 0.4 % | 0.4 % | 0.5 % |
| Return on liquidity + capitalization | 2.6 % | 2.6 % | 2.5 % | 2.4 % |
| Total yearly return with appreciation of 2 % | 8.47 % | 8.51 % | 8.96 % | 9.47 % |
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