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2049 Av Papineau 12 Unit Apartment Building $1,099,000 CAD ($91,583 CAD/Unit) Montréal, QC H2K 4J5
Executive Summary
DEVELOPMENT POTENTIAL with confirmed zoning for multi-residential, commercial, or hotel projects. Full right to build up to 12 units as is on 3 floors and potentially 17 units by going through PPCMOI. Securing additional approval; Approval of demolition, Derogations mineures, CCU approval, and Adopted modifications to zoning would further enhance its marketability and value. The property is located in a PPU zone and the city plans on increasing the maximum height to 16m and increasing the density. Exclusion of legal warranty of quality.
Property Facts
| Price | $1,099,000 CAD | Property Subtype | Apartment |
| Price Per Unit | $91,583 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.07 AC |
| Sale Condition | Redevelopment Project | Building Size | 3,052 SF |
| No. Units | 12 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1875 |
| Price | $1,099,000 CAD |
| Price Per Unit | $91,583 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 3,052 SF |
| No. Stories | 2 |
| Year Built | 1875 |
Amenities
Site Amenities
- Smoke Free
1 1
Exceptionally walkable
100/100
Moderately drivable
70/100
Exceptional public transit
90/100
Exceptionally bikeable
90/100
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2049 Av Papineau
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