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2066 Av. Lincoln, Montréal (Ville-Marie), QC H3H

$5,750,000

  • 0 Bedrooms
  • 0 Bathrooms
  • 1915
  • MLS: 25669918

Description

Located in the heart of downtown Montreal, this 15-unit multi-residential property presents a unique opportunity to acquire a fully renovated and stabilized investment asset in one of the city's most sought-after rental markets. The property features a balanced unit mix appealing to students, young professionals, and urban tenants seeking convenience and quality living near Concordia University, the Guy-Concordia metro, and Sainte-Catherine Street.

Located in the heart of downtown Montreal, this 15-unit multi-residential property presents a unique opportunity to acquire a fully renovated and stabilized investment asset in one of the city's most sought-after rental markets. The property features a balanced unit mix appealing to students, young professionals, and urban tenants seeking convenience and quality living near Concordia University, the Guy-Concordia metro, and Sainte-Catherine Street.

Key Highlights: *Prime Downtown Location: Walkable to universities, metro, retail, and business core *Fully Renovated: Significant capital improvements including interiors, common areas, and mechanicals *Stabilized Asset: High occupancy with a solid tenant profile *Turnkey Investment: Immediate and reliable rental income *CMHC MLI Select Financing: Property is subject to an assumable CMHC-insured MLI Select mortgage offering favorable terms (subject to lender approval) *Operational Efficiency: Modernized building systems and low ongoing maintenance * The 14th unit is essentially a combination of two apartments

An ideal acquisition for investors seeking long-term stability, superior location, and access to CMHC's MLI Select program benefits. Full financial documentation, rent roll, and renovation records available upon accepted offer

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EXCLUDED
Tenants personal belongings
ROOM DETAILS
Room Dimensions Level Flooring
N/A
BUILDING
Type
Style Detached
Dimensions 10671x37160 M
Lot Size 0
EXPENSES
Insurance $ 13203 / year
Municipal Taxes (2025) $ 11308 / year
School taxes (2024) $ 1492 / year
CHARACTERISTICS
Proximity Bicycle path, Cegep, Daycare centre, Elementary school, High school, Highway, Hospital, Park - green area, Public transport, University
Sewage system Municipal sewer
Water supply Municipality

Office information

1111, boul. Dr.-Frederick-Philips #601,
Saint-Laurent QC H4M 2X6

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