7401 Av. Papineau , Montréal (Villeray/Saint-Michel/Parc-Extension), QC H2E2G9
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For Sale

$1,150,000

+GST/QST

7401 Av. Papineau , Montréal (Villeray/Saint-Michel/Parc-Extension), QC H2E2G9

Attached corner unit

Remarks

Well-maintained semi-commercial property for sale in a prime Montreal location, generating $55,920 in annual rental income. The ground floor hosts a long-established dépanneur with a secure five-year lease and stable tenant, while the upper floor offers two fully rented 4½ apartments. Located at the corner of Av. Papineau and Rue Everett with excellent visibility, a bus stop at the door, and just minutes from Fabre and D'Iberville metro stations, this property offers a solid and worry-free investment opportunity. Contact us today to book a visit.

This well-maintained semi-commercial property offers a rare opportunity to own a high-performing income asset in a prime Montreal location. The ground floor is occupied by a long-established convenience store with a secure five-year lease and a reliable tenant, ensuring consistent rental income. Upstairs, two spacious 4½ residential units are fully rented, providing additional steady revenue.

The property generates a total annual rental income of $55,920 and benefits from an exceptional location at the corner of Av. Papineau and Rue Everett. With excellent visibility, a bus stop right at the door, and close proximity to Fabre and D'Iberville metro stations, it offers unmatched convenience and accessibility for both tenants and customers.

Whether you are seeking a stable investment or a valuable addition to your portfolio, this property is an excellent choice. Contact us today to arrange a private viewing.

Property Summary

  • Neighbourhood: Parc-Extension
  • Building Style: Attached corner unit
  • Lot Assessment: $347,100.00
  • Building Assessment: $593,500.00
  • Total Assessment: $940,600.00
  • Assessment Year: 2021
  • Municipal Tax: $16,992.00
  • School Tax: $772.00
  • Annual Tax Amount: $17,764.00 (2025)
  • Building Width: 12.8 Metre
  • Building Depth: 28.54 Metre
  • Built in: 1949
  • Zoning: COMM, RESI

Building Features:

  • Water Supply:
    Municipality
  • Sewage System:
    Municipality

Office Listing: 

Francois Wang Real Estate Broker

Lifestyle
Neighbourhood Info
Dimitrios Andrianakos

Dimitrios Andrianakos

Real Estate Broker

Phone:  514.419.9888

Mobile:  514.806.2645

Participating Broker
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Royal LePage du Quartier, Real Estate Agency (Independently owned and operated)

6971 Ch. Côte-de-Liesse, #C
Montréal (St-Laurent),  QC H4T1Z3

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