Villeray-Saint-Michel-Parc-Extension Commercial Properties for Sale - Page 2

Commercial Real Estate in Villeray-Saint-Michel-Parc-Extension available for sale

Villeray-Saint-Michel-Parc-Extension Commercial Property for Sale

Industrial Properties Retail Spaces Apartment Buildings Office Spaces

2516 Rue L.-O.-David

Montréal, QC H2A 1N1

Multifamily for Sale
$775,000 CAD
3,842 SF

Montréal Multifamily for Sale - Est-de-l’Île

This property represents a rare investment opportunity in the heart of Montréal's Saint-Michel district. The semi-commercial building integrates residential and commercial components, offering both stable rental income and future value enhancement potential. Configured as a two-story row structure, the property includes multiple residential units alongside ground-floor commercial space, creating a diversified income stream that appeals to seasoned investors. The building is municipally serviced for water and sewer and features a brick exterior and wall-unit cooling system with electric heating. Its current annual potential gross revenue reaches $48,840, with a non-normalized net operating income estimated at $35,353, making it a strong candidate for long-term portfolio growth. Surrounded by a mixed-use neighborhood of retail, community services, and residential density, the property benefits from excellent walkability and proximity to transit, ensuring continued tenant demand and consumer traffic.

Contact:

Remax Crystal

Property Subtype:

Multi Family

Date on Market:

2026-07-10

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4161 41E Rue

Montréal, QC H1Z 1S5

Multifamily for Sale
$1,599,000 CAD
7,024 SF

Air Conditioning

Montréal Multifamily for Sale - Est-de-l’Île

This 8-unit apartment building presents an outstanding opportunity for investors seeking a stable income-producing asset in the Saint-Michel neighborhood of Montréal. Comprising eight spacious 4½ units, the property operates with electric heating costs paid directly by tenants, effectively reducing overall operating expenses. The building features a solid rental track record with reliable, long-term tenants, making it a strong choice for those looking to expand their investment portfolio with minimal management challenges. The property benefits from its prime location, within walking distance of public transportation, primary and secondary schools, and just minutes from parks, supermarkets, and major highways. This accessibility ensures enduring tenant demand and positions the asset for long-term growth. Constructed in 1957, the building has been well-maintained and offers potential for incremental improvements to drive rental income higher over time. This acquisition provides a balanced combination of income stability and value-add potential in a highly sought-after Montréal submarket. Investors can capitalize on consistent cash flow today with opportunities for appreciation and optimization in the future.