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2151 - 2159 Rue Parthenais, Montréal (Ville-Marie), QC H2K 3T3
MLS: 17236585

$1,599,000 |

Year built

1925

Residential Units

6 1/2 x 3 1/2 x 3 1/2 x 3 1/2 x 3 1/2

Potential gross revenue

$87,120

Total number of rooms

6

Bedroom(s)

3

Bathroom(s)

1

Number of units

5

Description

Located at 2152-2159 rue Parthenais, this well-maintained corner 5-plex offers strong and stable revenues of approximately $87,000 annually and is situated in one of the most in-demand sectors of Ville-Marie, downtown Montréal, near the Jacques-Cartier Bridge.

Located at 2152-2159 rue Parthenais, this well-maintained corner 5-plex offers strong and stable revenues of approximately $87,000 annually and is situated in one of the most in-demand sectors of Ville-Marie, downtown Montréal, near the Jacques-Cartier Bridge.

The property consists of:

4 x 3½ apartments

1 x 6½ apartment, including basement space

Three (3) of the five (5) units have been fully renovated, with excellent upside remaining through the renovation of the 6½ unit, allowing for further revenue optimization. Most units include new appliances, as well as private washers and dryers, offering strong tenant appeal and low management intensity.

The original lot has been subdivided into two separate cadastral lots. The adjacent rear land is ready for development and approved for the construction of a new four-plex.

Ideally located near public transit (metro), major highways, downtown amenities, and services, this property benefits from exceptional accessibility and consistent rental demand.

An excellent opportunity for an investor seeking a turnkey asset with immediate cash flow, future development potential, and minimal management headaches in a high-growth urban market.

Included As per leases
Excluded As per leases

Type Quintuplex
Style Attached
Dimensions 8.11x14.04 M
Lot Size 163.3 MC

Insurance $ 3521 / year
Other rental $ 830 / year
Municipal Taxes (2026) $ 7458 / year
School taxes (2025) $ 968 / year

Sewage system Municipal sewer
Water supply Municipality
Zoning Residential

2151 - 2159 Rue Parthenais, Montréal (Ville-Marie), QC H2K 3T3

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