Semi-commercial building located on the pedestrian street Prince-Arthur East, in the heart of Plateau-Mont-Royal. It features a large, bright two-story residential unit, rented for $4,500/month until April 30, 2026, and a vacant commercial space with excellent rental potential of approximately $3,000/month. Prime location just steps from Square Saint-Louis, Saint-Laurent Street, and Sherbrooke Metro. Constant foot traffic, diverse shops, lively cafés and restaurants, vibrant neighborhood life. Walk Score 100. Potential gross income: $75,600. Exceptional opportunity for investors or owner-occupiers.
24'80" X 46'80"
1896
Stone
Brick
Asphalt and gravel
6 feet and more
Strategic Location
Located on Prince-Arthur East, an iconic pedestrian street in the Plateau, the area combines tourism, cultural institutions, student life, and local shops. The natural foot traffic makes it ideal for a neighborhood business.
Property Type
Semi-commercial duplex comprising:
Residential Unit: Large 10 ½ on two levels, rented for $4,500/month until 2026.
Commercial Unit: Vacant, with rental potential of approximately $3,000/month. Formerly an ice cream shop, suitable for various uses depending on zoning.
Zoning and Possible Uses
The zoning allows for a variety of commercial or professional uses. The buyer must verify that their project complies with municipal regulations.
Highlights
Prime location on a pedestrian street
High foot traffic
Natural commercial visibility
Close to Square Saint-Louis, Sherbrooke metro, and university campuses
Vibrant area appreciated by both residents and visitors
Financials
Potential gross income: $75,600
Annual expenses: $14,152
Estimated net income: $61,448
Additional Information
Walk Score: 100
Important Note for the Buyer: The commercial portion of the property is subject to GST (5%) and QST (9.975%). The residential portion is not taxable.
24'80" X 46'80"
1896
Stone
Brick
Asphalt and gravel
6 feet and more
81'4" X 37'
Highway , Réseau Express Métropolitain (REM) , Commuter train , Public transportation
Commercial , Residential
Electric baseboard units
Municipality
Municipality
My name is GAEL LESCALIER, RE/MAX real estate broker. How may I help you?
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RE/MAX DU CARTIER | 1290 rue Bernard Ouest Bureau 100, Montréal, Québec, H2V 1V9
RE/MAX DU CARTIER | 1290 rue Bernard Ouest Bureau 100, Montréal, Québec, H2V 1V9
Hello, my name is GAEL LESCALIER, real estate broker. Contact me for more information.
Hello, my name is ALEXANDRA RUSNOV, real estate broker. Contact me for more information.
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