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1484 - 1496 Rue La Fontaine
Montréal (Ville-Marie) , Village
QC , H2L1T8 , CAN
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Maxime Tardif
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Phone: 514.826.4542
Cell: 514.826.4542
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Royal LePage Altitude
Real Estate Agency:
1215 RUE NOTRE-DAME OUEST
Montreal, QC
H3C0B1
Phone: 514.846.0909
Fax: 514.846.0902
Company Website
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Hervé Houot
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Real Estate Agency:
Royal LePage Altitude
1215 RUE NOTRE-DAME OUEST
Montreal, QC
H3C0B1
Phone: 514.846.0909
Fax: 514.846.0902
Company Website
$1,899,000.00
MLS® 28783488
Revenue Prop.
Lot Assessment: $652,100.00
Building Assessment: $1,133,500.00
Total Assessment: $1,785,600.00
Municipal Tax: $11,121.00
School Tax: $1,418.00
Annual Tax Amount: $12,539.00 (2025)
Lot Frontage: 13.72 Metre
Lot Depth: 29.26 Metre
Lot Size: 401.3 Square Metres
Building Width: 13.76 Metre
Building Depth: 13.34 Metre
Total Bedrooms: 3
Total Bathrooms: 1
Zoning: RESI
Remarks:
Nine apartments spread across two buildings, including a 5-plex on La Fontaine Street and a 4-plex accessible via a carriage entrance. Furnished studios (in the rear building), large apartments with character, and a charming interior courtyard. The plex requires updating, offering excellent potential for optimization in a highly sought-after central area.
Rare Investment Opportunity -- 9 Units in the Heart of Ville-Marie, Montreal

Ideal for owner-occupants or investors, this property comprises nine units spread across two buildings, one located directly on La Fontaine Street and the other accessible via a carriage entrance leading to a lovely interior courtyard. The plex requires some updating, offering excellent potential for optimization.

**Key Features:

Building 1 -- 5 Plex (on 3 floors, La Fontaine Street):

- Brick building with wood floors
- Three 3-bedroom units, including two on two floors
- Two 2-bedroom units
- Large spaces, balconies with private storage overlooking the courtyard
- Lots of character and natural light

Building 2 -- 4 Plex (at the rear, via the carriage entrance):

- Four open-concept studios, all fully furnished (appliances and furniture included). No services included. - Ideal for short- or medium-term rentals

Technical features and assets:

- Washer/dryer hookups in all units
- Individual water heaters
- Recent electrical panels (100 A)
- Stable tenants and a peaceful atmosphere

Prime location:

Located in the heart of downtown Montreal, in the dynamic Ville-Marie district, close to transportation, shops, parks, and institutions. A sought-after area with strong rental demand.

A strategic investment with character, an exceptional location, and strong potential for improvement. Visit without delay!

* Unit 1490A vacates on July 1st

* Current income before July 1, 2025: $132,780

* Lease renewals and increases starting July 1, 2025:

- Unit 1484 will increase to $1,480/month

- Unit 1486 will increase to $1,600/month

- Unit 1488 will increase to $1,650/month

- Unit 1490 will increase to $1,355/month

- Unit 1494 will increase to $900/month

- Unit 1496 will increase to $1,163/month

For a total of $138,036 per year starting July 1, 2025

* Renewal without increase for units 1492 and 1492A

LOCATION: Ideally Perfect!

Walk Score 82, Bike Score 100

_ Close to the magnificent Parc La Fontaine
_ Several bus stops within walking distance: 45, 360, 445, 15, 359, 125, and 769
_ A 15-minute walk from Beaudry Metro Station and Papineau Metro Station
_ Close to major roads: Papineau Avenue, Route 134, Sherbrooke Street, René-Lévesque Boulevard E
Inclusions:  9 water heaters. Appliances included in certain leases
Exclusions:  Tenants' personal belongings

Building Features:
  • Style:
  • Driveway: Paving stone
  • Heating System: Electric baseboard units
  • Water Supply: Municipality
  • Heating Energy: Electricity , Natural gas
  • Environmental Study: Phase 1
  • Occupancy: Single
  • Proximity: Highway , CEGEP , Daycare centre , Golf , Hospital , Metro , Park , Bicycle path , Elementary school , High school , Public transportation , University
  • Siding: Brick
  • Sewage System: Municipality
  • Lot: Fenced
  • Topography: Flat
Rooms:
  • Foyer
    • 2nd Level 1.63 m x 5.23 m
    • Flooring: Wood
  • Kitchen
    • 2nd Level 3.53 m x 3.56 m
    • Flooring: Wood
  • Dining
    • 2nd Level 2.95 m x 4.37 m
    • Flooring: Wood
  • Living
    • 2nd Level 3.86 m x 4.47 m
    • Flooring: Wood
  • Bathroom
    • 3rd Level 3.17 m x 2.62 m
    • Flooring: Wood
  • Bedroom
    • 3rd Level 3.40 m x 3.76 m
    • Flooring: Wood
  • Bedroom
    • 3rd Level 3.02 m x 2.69 m
    • Flooring: Wood
  • Bedroom
    • 3rd Level 3.71 m x 3.61 m
    • Flooring: Wood
  • Foyer
    • 2nd Level 2.49 m x 2.87 m
    • Flooring: Wood
  • Bathroom
    • 2nd Level 1.52 m x 2.41 m
    • Flooring: Ceramic
  • Living - Irregular
    • 2nd Level 4.57 m x 4.57 m
    • Flooring: Wood
  • Office
    • 2nd Level 2.54 m x 2.59 m
    • Flooring: Wood
  • Bedroom
    • 2nd Level 2.90 m x 3.66 m
    • Flooring: Wood
  • Bedroom
    • 2nd Level 3.84 m x 2.74 m
    • Flooring: Wood
  • Bedroom - Irregular
    • 2nd Level 3.05 m x 3.05 m
    • Flooring: Wood
  • Living
    • 2nd Level 3.05 m x 3.05 m
    • Flooring: Wood
  • Kitchen
    • 2nd Level 3.40 m x 3.40 m
    • Flooring: Wood
  • Bathroom
    • 2nd Level 2.84 m x 1.52 m
    • Flooring: Ceramic
Convert Measurement to:
Revenue Units
    • Pieces: 6
    • Bedrooms: 3
    • Bathrooms: 1
    • Potential Monthly Revenue: $0.00
    • Pieces: 5
    • Bedrooms: 3
    • Bathrooms: 1
    • Potential Monthly Revenue: $0.00
    • Pieces: 2
    • Bedrooms: 1
    • Bathrooms: 1
    • Potential Monthly Revenue: $0.00
    • Pieces: 2
    • Bedrooms: 1
    • Bathrooms: 1
    • Potential Monthly Revenue: $0.00
    • Pieces: 2
    • Bedrooms: 1
    • Bathrooms: 1
    • Potential Monthly Revenue: $0.00
    • Pieces: 2
    • Bedrooms: 1
    • Bathrooms: 1
    • Potential Monthly Revenue: $0.00
    • Pieces: 3
    • Bedrooms: 1
    • Bathrooms: 1
    • Potential Monthly Revenue: $0.00
    • Pieces: 4
    • Bedrooms: 2
    • Bathrooms: 1
    • Potential Monthly Revenue: $0.00
    • Pieces: 5
    • Bedrooms: 3
    • Bathrooms: 1
    • Potential Monthly Revenue: $0.00

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.

Not intended to solicit properties currently listed for sale.

All offices are independently owned and operated, except those offices identified as "Royal LePage Real Estate Services Ltd."

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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