$5,500,000

25 for sale - Montréal (Ahuntsic-Cartierville) (Ahuntsic Centre)

$5,500,000

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$5,500,000

25 for sale - Montréal (Ahuntsic-Cartierville) (Ahuntsic Centre)

$5,500,000

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9964 Av. Papineau, Montréal (Ahuntsic-Cartierville) (Ahuntsic Centre), H2B 1Z8

Building with **nine indoor garages** and strong potential for income optimization. Down payment requirements will vary depending on the financing obtained, whether an **SCHL-insured mortgage or conventional financing**. Information provided for reference only; existing mortgages are not covered by any APH program. Visits are permitted only following acceptance of a promise to purchase and upon presentation of proof of funds. Heating and gas expenses are based on estimates from the previous year.

  • Lot area: 7,707 SF
  • NUMBER OF ROOMS : 0
  • Year built : 1973
JONATHAN EID INC.
Residential Real Estate Broker
ALEX HADDOU, B.A.A.
Real Estate Broker
Building details and property interior
Particularities plusParticularities minus

90' X 55' Irregular

1973

14,536 SF

Poured concrete

Brick

Asphalt and gravel

Heated , Built-in

Addenda
Particularities plusParticularities minus

**EXCELLENT INVESTMENT OPPORTUNITY -- MULTI-RESIDENTIAL PROPERTY**

Located in **Ahuntsic**, this building features **25 residential units** as well as **9 garages** and is located only **5 minutes from Sauvé Metro Station**.

The property currently generates **annual revenue of $309,960**, with a **100% occupancy rate**, meaning no vacancies, demonstrating strong rental demand and stable income.

**Additional income potential:** one locker is currently available and could generate approximately **$400/month, or $4,800 annually**, subject to rental.

**Tenants are responsible for their electricity costs**, with the exception of **Unit 100 located in the basement**, for which electricity is paid by the owner.

The property has benefited from several recent improvements. The **central gas water heater**, which services the entire building, was replaced in **2024**, while a **new furnace was installed in 2025**, helping to limit major short-term expenses.

The **electrical panels are all equipped with circuit breakers**, and several units have also undergone renovations.

There is currently no contract in place with **Coinamatic** for the washers and dryers, providing an additional opportunity to optimize revenue.

**Property Highlights:**

25 residential units

9 garages

Annual revenue of **$309,960**

**100% occupancy rate**

Approximately 5 minutes from Sauvé Metro Station

**Electricity paid by tenants**, except for basement Unit 100

Available locker: potential income of approximately **$400/month**, or **$4,800/year**

New furnace -- **2025**

Central gas water heater replaced -- **2024**

Electrical panels equipped with circuit breakers

Several renovated units

No current Coinamatic contract

**Potential for further rental income optimization**

An excellent opportunity to acquire a well-established multi-residential property offering a **desirable combination of stable income, full occupancy, 9 garages, electricity costs largely assumed by tenants, recent improvements, and additional income potential**.

Building details and property interior
Particularities plusParticularities minus

90' X 55' Irregular

1973

14,536 SF

Poured concrete

Brick

Asphalt and gravel

Heated , Built-in

Lot and exterior features
Particularities plusParticularities minus

7,707 SF

Asphalt

Garage : 9

Highway , Daycare centre , Park , Bicycle path , Elementary school , High school , Public transportation

Residential

Characteristics
Particularities plusParticularities minus

Forced air

Natural gas

Municipality

Municipality

Financial details
Particularities plusParticularities minus
Assessment (2026)
Taxes
  • (2026)
  • (2026)
Gross yearly revenu (potential)
Annual Expenses
Energy
9964 Av. Papineau, Montréal (Ahuntsic-Cartierville) (Ahuntsic Centre), H2B 1Z8
NEIGHBOURHOOD STATISTICS
  • Statistics Person living alone
  • Statistics Families with children
  • Statistics Families with no children
  • 18.2%
  • 20.1%
  • 11.4%
  • 18.4%
  • 31.8%
  • 3.3%
  • 1.0%
  • 26.8%
  • 68.9%
  • 0.0%
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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JONATHAN EID INC.
Residential Real Estate Broker
ALEX HADDOU, B.A.A.
Real Estate Broker

MORTGAGE PAYMENTS CALCULATOR

Financial details

Assessment (2026)
Taxes
  • (2026)
  • (2026)
Gross yearly revenu (potential)
Annual Expenses
Energy
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