Mixed-Use
323-325 & 329 Ontario St. East
323 Rue Ontario E, Montréal, QC H2X 1H7
Listing Price: $4,250,000
Cap Rate
1.00%
Number of Units
8
Occupancy
1.0%
Price/Unit
$531,250
Price/Gross SF
$443.40
Gross SF
9,585
Investment Overview
Ideally located, with large residential units, the offering also benefits from exceptional visibility and generates approximately $345,000 in annual gross income, presenting a compelling investment opportunity in Montréal’s vibrant Quartier Latin.
Investment Highlights
- Located in Montréal's Ville-Marie borough, within the vibrant Quartier Latin, the offering consists of two strategically positioned three-storey buildings at 323–325 and 329 Ontario Street East.
- Both buildings feature three floors above ground and fully finished basements.
- 323–325 Ontario Street East (5,441 SF) includes two commercial spaces, with a bar located in the basement and a bar school at ground level (RDC), while residential units occupy the upper floors.
- 329 Ontario Street East (4,144 SF) is a multifamily property currently leased under a long-term master lease to a short-term rental operator and operated as tourist accommodation (auberge / tourist lodging) with the required permit in place.
Exclusively Listed By
Listing Price: $4,250,000
Cap Rate
1.00%
Number of Units
8
Occupancy
1.0%
Price/Unit
$531,250
Price/Gross SF
$443.40
Gross SF
9,585
Investment Highlights
- Located in Montréal's Ville-Marie borough, within the vibrant Quartier Latin, the offering consists of two strategically positioned three-storey buildings at 323–325 and 329 Ontario Street East.
- Both buildings feature three floors above ground and fully finished basements.
- 323–325 Ontario Street East (5,441 SF) includes two commercial spaces, with a bar located in the basement and a bar school at ground level (RDC), while residential units occupy the upper floors.
- 329 Ontario Street East (4,144 SF) is a multifamily property currently leased under a long-term master lease to a short-term rental operator and operated as tourist accommodation (auberge / tourist lodging) with the required permit in place.
Investment Overview
Ideally located, with large residential units, the offering also benefits from exceptional visibility and generates approximately $345,000 in annual gross income, presenting a compelling investment opportunity in Montréal’s vibrant Quartier Latin.
Exclusively Listed By