44'50" X 74'30"
1958
FOR SALE -- EXCEPTIONAL PROPERTY | 3465-3469 Papineau Avenue | Plateau Mont-Royal | Montreal
A true real estate gem, offered for the first time in half a century.
Discover a legendary address directly across from the stunning Parc La Fontaine, located in one of Montreal's most iconic neighborhoods: the Plateau Mont-Royal.
This majestic four-story mixed-use building perfectly combines timeless charm, remarkable growth potential, and an unparalleled location.
A rare investment opportunity in a neighborhood celebrated for its exceptional quality of life, vibrant cultural scene, and residential prestige.
Property Highlights:
7 spacious 4½ apartments, filled with natural light and offering excellent rental value growth potential
1 well-designed 3½ apartment, perfect for rapid optimization
1 highly visible commercial space, currently operated by a well-established boutique spa
Approximately 15 private parking spaces -- an exceptional asset in a sector where parking is both rare and highly sought after
Current gross revenue:potential $198,000 per year (considering 12 parkings and owners 2 apartments are rented )
Significant potential for revenue growth: Many residential leases are well below current market rates, offering ample opportunity for income increase for a savvy investor.
Key Features and Value Additions:
Prime location facing Parc La Fontaine: unobstructed views, exceptional natural light, and immediate access to green spaces
Steps away from Sherbrooke Street, offering access to high-end boutiques, trendy restaurants, and major cultural institutions
Outstanding accessibility: public transportation, bike paths, and quick access to downtown
Multiple parking spaces enhance rental appeal and attract a high-end tenant base
Diversified income streams: residential and commercial, providing financial security and flexibility
First time offered in 50 years: a unique opportunity to acquire a property with historic charm
Enormous potential for value creation through unit modernization and rental repositioning
This is not just a building you are acquiring:
It is a piece of Plateau Mont-Royal's history, a solid asset in an extremely limited market, and a rare gem that few will ever have the chance to own.
3465-3469 Papineau Avenue represents an unparalleled opportunity for investors, wealth builders, and high-end real estate enthusiasts.
Invest today in an exceptional site, at the very heart of Montreal's cultural and residential soul, and secure a prestigious asset designed to endure across generations.
44'50" X 74'30"
1958
62' X 161'
9,970 SF
Asphalt
Driveway : 14
Highway , CEGEP , Daycare centre , Golf , Hospital , Metro , Park , Bicycle path , Elementary school , High school , Public transportation , University
Commercial , Residential
Municipality
Municipality
My name is ANTONINO VALENTI, RE/MAX real estate broker. How may I help you?
Do you have a question?
RE/MAX INFINITÉ | 2500 Jarry Est, Montréal (Villeray/Saint-Michel/Parc-Extension) (Parc-Extension), Québec, H1Z 2C4
Hello, my name is ANTONINO VALENTI, real estate broker. Contact me for more information.
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