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5316-5322 Boul Newman 2,448 SF 100% Leased Retail Building Montréal, QC H3X 1E6 $1,500,000 CAD ($612.75 CAD/SF)



Investment Highlights
- Four-unit residential income property.
- Surrounded by neighborhood services.
- Located in Côte-des-Neiges/Notre-Dame-de-Grâce.
Executive Summary
5316-5322 Place Newman presents an opportunity to acquire a four-unit residential income property in Montréal's Côte-des-Neiges/Notre-Dame-de-Grâce borough. Positioned within an established residential neighborhood, the asset benefits from proximity to Décarie Boulevard, public transportation routes, educational institutions, healthcare facilities, parks, and a broad range of daily services. The property's location provides convenient connectivity to major transportation corridors and employment centers throughout Montréal, supporting long-term residential demand.
The building offers investors a manageable multi-residential asset with four income-producing units in a neighborhood recognized for its accessibility and diverse housing demand. Nearby universities, schools, retail services, and community amenities contribute to the area's ongoing appeal among tenants seeking convenient access to employment, education, and urban services.
The property's location within one of Montréal's most established residential districts enhances its investment profile, while access to municipal services and surrounding infrastructure supports stable occupancy potential. Investors seeking a residential revenue property in a well-connected urban setting may find value in the combination of location, accessibility, and income-producing characteristics offered by this asset.
The building offers investors a manageable multi-residential asset with four income-producing units in a neighborhood recognized for its accessibility and diverse housing demand. Nearby universities, schools, retail services, and community amenities contribute to the area's ongoing appeal among tenants seeking convenient access to employment, education, and urban services.
The property's location within one of Montréal's most established residential districts enhances its investment profile, while access to municipal services and surrounding infrastructure supports stable occupancy potential. Investors seeking a residential revenue property in a well-connected urban setting may find value in the combination of location, accessibility, and income-producing characteristics offered by this asset.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,448 SF
Building Class
C
Year Built
1954
Price
$1,500,000 CAD
Price Per SF
$612.75 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.70
Lot Size
0.08 AC
Parking
3 Spaces (1.23 Spaces per 1,000 SF Leased)
Frontage
23’ on Newman Pl
Amenities
- Signage
Moderately walkable
70/100
Moderately drivable
60/100
Exceptional public transit
90/100
Moderately bikeable
60/100
Nearby Major Retailers
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Keller Williams Prestige
5316-5322 Boul Newman
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