2151 Rue Parthenais, Montréal (Ville-Marie), QC H2K

$1,599,000

3 Bedrooms
1 Bathrooms
1925
MLS: 17236585

Description

Located at 2152-2159 rue Parthenais, this well-maintained
corner 5-plex offers strong and stable revenues of
approximately $87,000 annually and is situated in one of
the most in-demand sectors of Ville-Marie, downtown
Montréal, near the Jacques-Cartier Bridge.

The property consists of:

4 x 3½ apartments

1 x 6½ apartment, including basement space

Three (3) of the five (5) units have been fully renovated,
with excellent upside remaining through the renovation of
the 6½ unit, allowing for further revenue optimization.
Most units include new appliances, as well as private
washers and dryers, offering strong tenant appeal and low
management intensity.

The original lot has been subdivided into two separate
cadastral lots. The adjacent rear land is ready for
development and approved for the construction of a new
four-plex. The land is listed under Centris #26647587 and
must be sold together with the 5-plex as part of the same
transaction.

Ideally located near public transit (metro), major
highways, downtown amenities, and services, this property
benefits from exceptional accessibility and consistent
rental demand.

An excellent opportunity for an investor seeking a turnkey
asset with immediate cash flow, future development
potential, and minimal management headaches in a
high-growth urban market.

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ROOM DETAILS
Room	Dimensions	Level	Flooring
N/A

BUILDING
Type	Quintuplex
Style	Attached
Dimensions	8.11x14.04 M
Lot Size	163.3 MC

EXPENSES
Insurance	$ 3521 / year
Other rental	$ 830 / year
Municipal Taxes (2026)	$ 7458 / year
School taxes (2025)	$ 968 / year

CHARACTERISTICS
Sewage system	Municipal sewer
Water supply	Municipality
Zoning	Residential

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