1530-1538 Av. Bourbonnière, Montréal (Mercier/Hochelaga-Maisonneuve)
An Investment Opportunity: A Nine-Unit Property with Significant Potential.Located at the corner of Bourbonnière and Adam Streets, this property stands out for its distinctive configuration, value-enhancement potential, and the prospects for growth in its surrounding neighbourhood.The building comprises eight 4½-room apartments and one spacious 8½-room apartment spread over two levels.Its corner location gives it a distinctive architectural character, with addresses on two separate streets and windows on three sides -- an uncommon feature.
*Several units also benefit from private terraces and
dedicated storage spaces, desirable features that enhance
tenant appeal and offer potential for rental value
enhancement.*
The fully concrete basement also offers potential uses and
development opportunities worth exploring, including the
creation of additional workshop or storage spaces for
tenants, subject to technical feasibility and compliance
with applicable regulations.
For investors who value potential over immediate
perfection, this property deserves serious consideration.
***Property viewings by appointment upon acceptance of an
offer to purchase only***
- Electricity
- Natural gas
- Water heater (3)
- Municipal sewer
- Municipality
- Residential
- Land evaluation
- 343 300 $
- Building evaluation
- 1 364 000 $
- Total
- 1 707 300 $
- Insurance
- 9 707 $
- Other rental
- 530 $
- Municipal Taxes (2026)
- 13 453 $
- School taxes (2027)
- 1 295 $
- Total
- 24 985 $