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Investment Highlights

  • Rare mixed-use investment anchored by 19 income-producing units in a prime Montréal neighborhood.
  • Strategically located near metro stations, transit routes, healthcare facilities, and major universities.
  • Includes CMHC-insured mortgage with favorable terms that can be assumed under agreed conditions.
  • Two street-level commercial spaces providing additional revenue and strong visibility on a high-traffic corridor.
  • Zoning permits future redevelopment potential of up to six floors for added value creation.
  • Strong local rental demand supported by employment, education institutions, and urban conveniences.

Executive Summary

5159-5165 Chemin de la Côte-des-Neiges represents a rare investment opportunity in one of Montréal’s most dynamic districts. This property consists of three adjoining buildings positioned on a strategic corner with excellent visibility and strong long-term potential. The asset includes 19 leased units—17 residential apartments and 2 ground-floor commercial spaces—delivering income stability and consistent rental demand.
The residential component comprises twelve 2½ units, four 3½ units, and one 4½ unit, each featuring well-defined layouts. The commercial spaces on the ground level benefit from high pedestrian traffic, making them attractive to neighborhood retailers and service providers. Located moments from major universities, metro stations, and essential amenities, this property draws sustained demand from professionals, students, and local businesses alike.
Current zoning accommodates residential and commercial uses, with potential for future redevelopment up to six stories, offering significant upside for investors seeking strategic growth. Proximity to public transit, Mont Royal Park, and downtown Montréal enhances the property's long-term value and sustained occupancy performance.

Property Facts

Price $5,299,000 CAD
Price Per Unit $378,500 CAD
Sale Type Investment
No. Units 14
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.10 AC
Building Size 12,000 SF
No. Stories 2
Year Built 1943
Zoning Residential/Commercial

Amenities

Unit Amenities

  • Air Conditioning

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 14 - -
Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
100/100
Moderately bikeable
60/100
  • Listing ID: 40894825

  • Date on Market: 2026-06-12

  • Last Updated:

  • Address: 5159-5165 Ch de la Côte-des-Neiges, Montréal, QC H3T 1X9

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