Exterior
Exterior

5316 Place Newman, Montréal (Côte-des-Neiges, QC H3X 1E6

$1,500,000

  • 0 Bedrooms
  • 0 Bathrooms
  • 1954
  • MLS: 21208267

Description

Welcome to 5316-5322 Place Newman, ideally located in a highly sought-after area. An excellent opportunity to acquire this 4-unit income property, easy to manage and offering strong investment potential. Strategically located near Décarie Boulevard, public transportation, shops, services, and numerous amenities. For more information, please contact the listing brokers.

Welcome to 5316-5322 Place Newman, an 4-unit residential income property ideally located in a well-established and highly sought-after sector of Montréal.

The property benefits from a strategic location near Décarie Boulevard and major transportation arteries, providing convenient access to downtown Montréal and surrounding neighbourhoods. The area is well served by public transportation and is located near numerous shops, grocery stores, restaurants, schools, parks, healthcare services, and other essential amenities.

The surrounding neighbourhood is characterized by a diverse and established residential population, including families, professionals, students, and long-term residents. Its accessibility, proximity to employment centres, educational institutions, commercial services, and public transit contribute to consistent rental demand and make the area attractive to a broad range of tenants.

This 4-unit property represents an excellent opportunity for an investor seeking a manageable multi-residential building in a strong rental location with long-term investment potential.

The purchaser shall be responsible for conducting their own due diligence regarding the property, zoning, permitted use, revenues, expenses, leases, building condition, and any other information deemed relevant to the transaction.

For additional information or further details regarding the property, please contact the listing brokers.

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INCLUDED
As per leases
EXCLUDED
As per leases
ROOM DETAILS
Room Dimensions Level Flooring
N/A
BUILDING
Type
Style Semi-detached
Dimensions 0x0
Lot Size 0
EXPENSES
Insurance $ 5000 / year
Energy cost $ 400 / year
Municipal Taxes (2026) $ 5317 / year
School taxes (2026) $ 641 / year
CHARACTERISTICS
Heating system Electric baseboard units
Heating energy Electricity
Proximity Elementary school, High school, Highway, Hospital, Park - green area, Public transport, University
Sewage system Municipal sewer
Water supply Municipality
Zoning Residential

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