19 PHOTOS

Montréal (Ville-Marie) - Centris® No. 19821707

1290 Av. des Pins O.

  • 6525

    sqft
  • $6,200,000+GST/QST

    price

Welcome to Residence 1290 -- a distinctive concept in traveller accommodations. Nestled within heritage home in the heart of downtown Montreal, it's just steps from university campuses, major faculties, city attractions, and public transportation, offering both convenience and privacy. Fully renovated in 2018, this modernist property was transformed from a private house into a 32-room residence. Each room features a private bathroom and a dedicated workspace. A turnkey investment presenting numerous possibilities for its future owner.

Additional Details

Main features

- 32 rooms including a full bathroom each (32 bathrooms with rain showers)
- Full Kitchen on each floor (5 floors total)
- Fully renovated (list of renos available)
- Modern furniture included
- Work desks with chairs, study sections, lockers
- Stunning views of the city
- Large terraces + Backyard
- Certificate of Occupation allowing short term rentals (30 nights minimum)
- Strategically located between Concordia and McGill campuses
- Smart system allowing remote control (temperature control, lights, access to rooms individually)
- Camera surveillance system throughout property
- Vending machines and laundry on site ($)
- Extra lockers available for additional income
- Possible to list on Airbnb to optimise revenues (30 nights minimum)
- Ideal for Student residence or RPA (or monthly Airbnbs)
- Potential Upside Gross revenues of 425k / year

CONTACT THE LISTING BROKER FOR THE FULL BROCHUREFull Brochure: Brochure: https://drive.google.com/file/d/1
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-Bm5qXgf6k0yucMBFdXvtUbQOGpY/view?usp=sharing

COMPETITIVE MORTGAGE TO ASSUMESIGN NDA FOR MORE INFORMATION AND ACCESS TO THE DATA VAULT

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Included in the sale

All the furniture, equipment, and appliances necessary for the operations of the residence.

Excluded in the sale

Tenant's personal belongings

Location

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Room Details

Assessment, taxes and other costs

  • Municipal taxes $35,525
  • School taxes $4,784
  • Municipal Building Evaluation $4,056,000
  • Municipal Land Evaluation $1,648,000
  • Total Municipal Evaluation $5,704,000
  • Evaluation Year 2024

Building details and property interior

  • Heating system Air circulation
  • Water supply Municipality
  • Heating energy Electricity
  • Equipment available Central air conditioning, Ventilation system, Entry phone, Alarm system, Central heat pump
  • Available services Fire detector
  • Distinctive features Environmental study phase 1
  • Kind of commerce Student Housing, Retirement Home, Home care
  • Proximity Highway, Public transport
  • Basement 6 feet and over, Seperate entrance, Finished basement
  • Sewage system Municipal sewer
  • Landscaping Fenced yard
  • Zoning Commercial, Residential

Payment Calculator

Contact the listing broker(s)

Charly Aoudé

Residential & Commercial Real Estate Broker, Team Leader

caoude@charlyco.com

514.515.2225

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