200 Rue Rachel E., Montréal (Le Plateau-Mont-Royal), QC H2W1E3 $2,300,000
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Description
Great cross revenue property with multiple potential as investor or owner occupant investor. It is located in Triple AAA location in highly demanded Plateau area. see addendum for more details! Lots of room for optimization for new investor buyer(s). Vendor has done lots of improvements and has increased revenues and secured a triple net lease with established Benjamin Moore franchise owners La Cité Des Peintres Inc.
Semi-commercial 1 commercial local & 8 residential studio
appt Unit(s)
Commercial Building description:
-200 Rachel street (commercial premises retail store)
-1st floor; store with mezzanine office
-Basement with 6 feet and more ceilings for inventory
storage.
-Loading dock with garage door
Rental income: Tenant Occupied:$5405.00/month (As of July
1st, 2026)
additional rent(50 % recovery for building Exp) Annual
$11870.88/ Monthly $989.24)
Gross Income calculation includes (rent recovery ($989.24)
: $6394.24 per month /Annual $76730.88
Please note new numbers as of July 1st, 2026 have been
updated with new increased amounts.
Description residential apartments:
204 Rachel
2 floors - 4 units per floor
common hallway w/storage lockers and staircase
studio apartments
rental income: $7876.00 per month / Annual $94512.00 (2026)
Gross Income : $14270.24 per month / Annual $171242.88
(Commercial & Residential)
Building Expenses
Municipal Taxes 2026: $15139.63(R)
School taxes 2026: $837.09 (R)
Insurance 2026: $7767.52 (R) (50% recovery total =
$11870.88)
Hydro 2026: $4948.12 (residential only, no recovery)
Total expenses: $16821.48 Annual or $1401.79/Month
NOI: $14270.24/Month or $171242.88 (annual) refer to
financial summary page NOI net
Signed leases and financials where applicable applicable to
a PPG offering.
Sale with exclusion(s) of legal warranty: This sale is made
without legal warranty at the buyer's risk.
-5 residential units fully renovated (2025-2026)
Bathrooms, kitchenettes, flooring, lighting, appliances,
painted
-Common areas & corridors updated & painted (June
2025-2026) $100K+ invested
commercial exterior& Interior freshly painted & upgraded
leasehold improvements (2024-2025)
-Basement remediated with new cement slab and completed
Phase 1-4 environmental reports.
-- over $200K invested total
Location:
AAA corner property with high pedestrian/vehicular
visibility in the heart of Plateau Mont-Royal. Steps from
bus stops, metro stations, downtown Montreal, McGill &
Concordia University, Mont-Royal Mountain, shopping, and
all urban conveniences.
appt Unit(s)
Commercial Building description:
-200 Rachel street (commercial premises retail store)
-1st floor; store with mezzanine office
-Basement with 6 feet and more ceilings for inventory
storage.
-Loading dock with garage door
Rental income: Tenant Occupied:$5405.00/month (As of July
1st, 2026)
additional rent(50 % recovery for building Exp) Annual
$11870.88/ Monthly $989.24)
Gross Income calculation includes (rent recovery ($989.24)
: $6394.24 per month /Annual $76730.88
Please note new numbers as of July 1st, 2026 have been
updated with new increased amounts.
Description residential apartments:
204 Rachel
2 floors - 4 units per floor
common hallway w/storage lockers and staircase
studio apartments
rental income: $7876.00 per month / Annual $94512.00 (2026)
Gross Income : $14270.24 per month / Annual $171242.88
(Commercial & Residential)
Building Expenses
Municipal Taxes 2026: $15139.63(R)
School taxes 2026: $837.09 (R)
Insurance 2026: $7767.52 (R) (50% recovery total =
$11870.88)
Hydro 2026: $4948.12 (residential only, no recovery)
Total expenses: $16821.48 Annual or $1401.79/Month
NOI: $14270.24/Month or $171242.88 (annual) refer to
financial summary page NOI net
Signed leases and financials where applicable applicable to
a PPG offering.
Sale with exclusion(s) of legal warranty: This sale is made
without legal warranty at the buyer's risk.
-5 residential units fully renovated (2025-2026)
Bathrooms, kitchenettes, flooring, lighting, appliances,
painted
-Common areas & corridors updated & painted (June
2025-2026) $100K+ invested
commercial exterior& Interior freshly painted & upgraded
leasehold improvements (2024-2025)
-Basement remediated with new cement slab and completed
Phase 1-4 environmental reports.
-- over $200K invested total
Location:
AAA corner property with high pedestrian/vehicular
visibility in the heart of Plateau Mont-Royal. Steps from
bus stops, metro stations, downtown Montreal, McGill &
Concordia University, Mont-Royal Mountain, shopping, and
all urban conveniences.
Inclusions: As per leases: 8 x residential studio apts and 1 x commercial multi level commercial space.
Exclusions : All personal belongings of the residential and commercial tenants. Benjamin Moore business under the enterprise named La Cité des Peintres Inc. Complete business materials, equipment, furniture including all inventory are not included. (see broker for further details).
| BUILDING | |
|---|---|
| Type | |
| Style | Semi-detached |
| Dimensions | 3x3 M |
| Lot Size | 1357 PC |
| EXPENSES | |
|---|---|
| Insurance | $ 7768 / year |
| Energy cost | $ 4948 / year |
| Recovery of expenses | $ -11871 / year |
| Municipal Taxes (2026) | $ 15140 / year |
| School taxes (2026) | $ 837 / year |
|
ROOM DETAILS |
|||
|---|---|---|---|
| Room | Dimensions | Level | Flooring |
| N/A | |||
|
CHARACTERISTICS |
|
|---|---|
| Basement | 6 feet and over |
| Windows | Aluminum |
| Proximity | Bicycle path, Cegep, Daycare centre, Elementary school, High school, Highway, Hospital, Park - green area, Public transport, University |
| Siding | Brick, Stone |
| Zoning | Commercial, Residential |
| Heating system | Electric baseboard units |
| Heating energy | Electricity |
| Sewage system | Municipal sewer |
| Water supply | Municipality |
| Foundation | Poured concrete |
| Window type | Sliding |