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5059 Av. Papineau 5 Unit Apartment Building Offered For Sale Montréal, QC H2H 1B2
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Executive Summary
SEMI-COMMERCIAL PROPERTY - FOR SALE
Ground Floor: Commercial unit (2,200 sq.ft.), rented to a daycare center
2nd and 3rd Floor: 4 spacious apartments (6½) with 2 balconies each
========================
A strategic address – in the heart of the Plateau
Located on Papineau Street, at the intersection of Laurier Avenue East, this property boasts a prime location in one of Montreal’s most desirable neighborhoods.
Consistent local foot traffic / Residential and commercial mix / High visibility on a busy Plateau thoroughfare
Nearby amenities:
• Laurier Avenue East
• Sir-Wilfrid-Laurier Park and La Fontaine Park
• Bike paths
• Public transit (Laurier metro station)
• Shops, cafés, and restaurants
• Schools, daycare centers, and community services
Ground Floor: Commercial unit (2,200 sq.ft.), rented to a daycare center
2nd and 3rd Floor: 4 spacious apartments (6½) with 2 balconies each
========================
A strategic address – in the heart of the Plateau
Located on Papineau Street, at the intersection of Laurier Avenue East, this property boasts a prime location in one of Montreal’s most desirable neighborhoods.
Consistent local foot traffic / Residential and commercial mix / High visibility on a busy Plateau thoroughfare
Nearby amenities:
• Laurier Avenue East
• Sir-Wilfrid-Laurier Park and La Fontaine Park
• Bike paths
• Public transit (Laurier metro station)
• Shops, cafés, and restaurants
• Schools, daycare centers, and community services
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Sale Type | Investment | Building Size | 6,598 SF |
| No. Units | 5 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1924 |
| Lot Size | 0.07 AC |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Lot Size | 0.07 AC |
| Building Size | 6,598 SF |
| No. Stories | 3 |
| Year Built | 1924 |
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Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
90/100
Exceptionally bikeable
90/100
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5059 Av. Papineau
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