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2066 Av. Lincoln, MontrĂ©al (Ville-Marie), QC H3H1H9    $6,200,000

Frontage

Aerial photo

Back facade

Frontage

Aerial photo

Aerial photo

Aerial photo

Aerial photo

Aerial photo

MLS: 28008126
1915

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

Inclusions:


Exclusions : Tenants personal belongings

BUILDING
Type
Style Detached
Dimensions 10671x37160 M
Lot Size 0
EXPENSES
Snow removal / Lawn mowing $ 13203 / year
Municipal Taxes (2025) $ 11308 / year
School taxes (2024) $ 1492 / year
Room Dimensions Level Flooring
N/A
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