$1,599,000

2151 Rue Parthenais

17236585 3 Bedrooms 1 Bathroom

Neighborhood

Montréal (Ville-Marie), QC H2K

Description

Located at 2152-2159 rue Parthenais, this well-maintained corner 5-plex offers strong and stable revenues of approximately $87,000 annually and is situated in one of the most in-demand sectors of Ville-Marie, downtown Montréal, near the Jacques-Cartier Bridge.

Located at 2152-2159 rue Parthenais, this well-maintained
corner 5-plex offers strong and stable revenues of
approximately $87,000 annually and is situated in one of
the most in-demand sectors of Ville-Marie, downtown
Montréal, near the Jacques-Cartier Bridge.

The property consists of:

4 x 3½ apartments

1 x 6½ apartment, including basement space

Three (3) of the five (5) units have been fully renovated,
with excellent upside remaining through the renovation of
the 6½ unit, allowing for further revenue optimization.
Most units include new appliances, as well as private
washers and dryers, offering strong tenant appeal and low
management intensity.

The original lot has been subdivided into two separate
cadastral lots. The adjacent rear land is ready for
development and approved for the construction of a new
four-plex.

Ideally located near public transit (metro), major
highways, downtown amenities, and services, this property
benefits from exceptional accessibility and consistent
rental demand.

An excellent opportunity for an investor seeking a turnkey
asset with immediate cash flow, future development
potential, and minimal management headaches in a
high-growth urban market.

Listing broker

Jean Fortin

Real Estate Broker
Phone number (514) 962-3018 Email jean@fbgcommercial.com

Paul Fortin

Real Estate Broker
Phone number (514) 969-4036 Email paul@fbgcommercial.com

Map & Street View

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Get in touch

Phone : 514 934-2480
EMAIL

Office information

1 Westmount Square #711, Westmount
(QC) H3Z 2P9

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