Rue Larivière, Montréal (Ville-Marie), QC H2K3T3    $549,000

This exceptional development opportunity consists of a vacant lot formerly part of the 5plex located at the rear of 2151--2159 rue Parthenais, in the highly sought-after Ville-Marie sector of Montréal. The lot has a total surface area of approximately 123.1 square metres (±1,325 sq. ft.) and currently includes rented storage garages, which are generating interim income. These leases may be terminated at the time of purchase in order to proceed with the approved development.

This exceptional development opportunity consists of a
vacant lot formerly part of the 5plex located at the rear
of 2151--2159 rue Parthenais, in the highly sought-after
Ville-Marie sector of Montréal.

The lot has a total surface area of approximately 123.1
square metres (±1,325 sq. ft.) and currently includes
rented storage garages, which are generating interim
income. These leases may be terminated at the time of
purchase in order to proceed with the approved development.

The proposed project has received full approval from the
CCU and the Borough of Montréal. All architectural plans
have been completed by the seller and the project is fully
complete from a planning standpoint. Construction permits
are ready to be issued once ownership is transferred and
applicable city and park fees are paid by the buyer.
(Details regarding these fees will be provided upon serious
interest.)

The approved development consists of a three-storey
residential building, designed by the reputable
architectural firm Zoubeir Azouz.

This lot is associated with the sale of the adjacent
5-plex, MLS/Centris #17236585 and the two properties are
intended to be sold together.

The proposed project consists of the construction of four
residential units on a large lot located at the
intersection of Parthenais/Larivière Street. The lot is
currently occupied by garages.

A cadastral subdivision has been completed to allow the
realization of the project, with the new construction to be
built on the footprint currently occupied by the existing
garages. The proposed development aims to optimize the site
by adding four new residential units distributed over three
storeys. These units will be designed in two
configurations: 3½ and 4½ units, suitable for families as
well as young couples.

The project also prioritizes the maximization of green
spaces. Outdoor amenity areas are planned on the rooftop,
where two large terraces will be created and bordered by
landscaped planting beds.

The interior circulation layout has been designed to free
up the main façade along Larivière Street, providing fluid
accessibility and a refined architectural aesthetic. The
proposed design allows for large front-facing openings,
improving the intake of natural light throughout the
building.

The building volume will be vertically divided into two
sections, reflecting the traditional proportions of
Montréal plex-style buildings. This strategy creates visual
dynamism and rhythm through the alternation of selected
materials. The brick cladding, featuring tones
complementary to the surrounding neighborhood, will ensure
harmonious integration of the project within its urban
context.

In summary, this project optimizes the use of the lot while
responding to the growing demand for housing. It will also
enhance the surrounding environment and built landscape of
Ville-Marie through the addition of green spaces, while
maintaining strong architectural cohesion with the existing
urban fabric.