$1,750,000

Quadruplex for sale - Montréal (Ville-Marie) (Centre)

$1,750,000

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$1,750,000

Quadruplex for sale - Montréal (Ville-Marie) (Centre)

$1,750,000

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823 Rue Ontario E., Montréal (Ville-Marie) (Centre), H2L 2P1

Superb 4-plex featuring 3 residential units and 1 commercial unit, located in a vibrant downtown area. Well-maintained building offering strong revenues (118 440 $/year) and excellent optimization potential. Units #1 and #2 will be vacant as of July 1st, allowing for re-renting, owner occupancy, or a potential undivided co-ownership conversion. Unit #2 includes an exceptional around 1,600 sq. ft. rooftop terrace. The commercial unit can be divided to add a residential apartment. Ideal location close to services, shops, and public transit.

  • Lot area: 1,813 SF
  • NUMBER OF ROOMS : 19
SABRINA LAPIERRE INC.
Residential Real Estate Broker
Brokers tranquilit
ALEXANDRE COUTURIER INC.
Real Estate Broker
Brokers tranquilit
Building details and property interior
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Unknown

5,253.86 SF

Brick

Addenda
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Discover this superb 4-plex featuring three residential units and one commercial unit, located in one of the most vibrant areas of downtown.

Well maintained over the years, the property offers a solid structure, strong annual revenues (118 440 $/year), and highly attractive optimization potential for both investors and owner-occupants.

Units 2004 #1 and #2 will be vacant as of July 1st -- a rare opportunity to re-rent at current market rates, occupy one of the apartments yourself, or consider a conversion into undivided co-ownership to maximize resale value.

Unit #2 stands out with an exceptional rooftop terrace of approximately 1,800 sq. ft., an impressive and rare outdoor space in the neighbourhood with outstanding layout potential.

The ground-floor commercial unit also provides a significant optimization lever. With its current 1,200 sq. ft. and large basement, the space could be divided to create a mixed configuration: 600 sq. ft. commercial and 600 sq. ft. residential, each benefiting from an additional ±600 sq. ft. in the basement. This reconfiguration would allow the addition of a residential unit while maintaining a profitable commercial component, significantly increasing potential revenues.

The building enjoys an ideal location in the heart of a lively, accessible, and high-demand area.

You are within walking distance of numerous local shops, cafés, restaurants, essential services, as well as major metro stations and bus lines.

The neighbourhood is appreciated for its dynamic atmosphere, downtown accessibility, nearby universities, and active daily life, the perfect environment to attract a diverse clientele and ensure excellent rental stability.

A versatile, well-located property filled with possibilities, ideal for an investor seeking a combination of strong returns, optimization, and long-term growth.

Building details and property interior
Particularities plusParticularities minus

Unknown

5,253.86 SF

Brick

Lot and exterior features
Particularities plusParticularities minus

1,812.64 SF

Flat

Highway , CEGEP , Daycare centre , Hospital , Metro , Park , Bicycle path , Elementary school , High school , Public transportation , University

Commercial , Residential

Room details
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Unit Room Level Dimensions Flooring Description
1 (app.) Living room 2nd level 14'6" X 14'6" Wood
1 (app.) Dining room 2nd level 8'8" X 12'9" Wood
1 (app.) Kitchen 2nd level 15'3" X 10'11" Wood
1 (app.) Primary bedroom 2nd level 14'7" X 15'7" Wood
1 (app.) Bathroom 2nd level 8' X 6'8" Ceramic En-suite
1 (app.) Bedroom 2nd level 10'5" X 12'5" Wood
1 (app.) Bathroom 2nd level 9'3" X 10'2" Ceramic
1 (app.) Laundry room 2nd level 9'7" X 9'9" Wood
2 (app.) Living room 3rd level 14'10" X 19'10" Ceramic
2 (app.) Dining room 3rd level 9'5" X 15'6" Wood
2 (app.) Kitchen 3rd level 19'2" X 23'7" Wood
2 (app.) Primary bedroom 3rd level 16'1" X 13'5" Wood
2 (app.) Walk-in closet 3rd level 8'1" X 8'4" Wood
2 (app.) Bathroom 3rd level 9'2" X 9'8" Ceramic En-suite
2 (app.) Bathroom 3rd level 6'3" X 8' Ceramic
3 (app.) Living room 1st level/Ground floor 14'3" X 9'8" Ceramic
3 (app.) Kitchen 1st level/Ground floor 14'2" X 14'11" Wood
3 (app.) Bedroom 1st level/Ground floor 10'6" X 13'9" Wood
3 (app.) Bathroom 1st level/Ground floor 8'4" X 6' Ceramic
Characteristics
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Electricity

Municipality

Municipality

Included & Excluded
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Appliances and light fixtures in each apartment as per the leases.

The tenants' personal belongings

Financial details
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Assessment (2025)
Taxes
  • (2025)
  • (2025)
Gross yearly revenu (potential)
823 Rue Ontario E., Montréal (Ville-Marie) (Centre), H2L 2P1
NEIGHBOURHOOD STATISTICS
  • Statistics Person living alone
  • Statistics Families with children
  • Statistics Families with no children
  • 10.9%
  • 17.6%
  • 7.9%
  • 16.7%
  • 46.9%
  • 0.2%
  • 1.6%
  • 2.0%
  • 73.1%
  • 23.1%
UnilingualFrenchUnilingualEnglishBilingual(fr/en)Other 0% 10% 20% 30% 40% 50% 60% 70% 80% 90%100%
  • Statistics Household
  • Statistics Individual
  • Statistics Owners
  • Statistics Renters
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SABRINA LAPIERRE INC.
Residential Real Estate Broker
Brokers tranquilit
ALEXANDRE COUTURIER INC.
Real Estate Broker
Brokers tranquilit

MORTGAGE PAYMENTS CALCULATOR

Financial details

Assessment (2025)
Taxes
  • (2025)
  • (2025)
Gross yearly revenu (potential)
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