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

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Back facade

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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
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 | |
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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 DETAILS |
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Room | Dimensions | Level | Flooring |
N/A |
CHARACTERISTICS |
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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 |