48 PHOTOS

Montréal (Mercier/Hochelaga-Maisonneuve) - Centris® No. 17464242

2412-2420 Av. Letourneux

  • 3

    Bedrooms
  • 2

    Bathrooms
  • $1,449,900

    price

Prime 5-unit investment property in Hochelaga, just a 5-minute walk from Pie-IX Metro! Features 4 light-filled 3½ units plus an expansive main 6½ unit (ground floor + full-height basement) with private backyard access and a rare detached garage, perfect for an owner-occupant or custom premium lease. Generating $55,740 in annual revenue from upper units alone, with massive upside potential. Well-maintained with extensive upgrades and electric heating paid entirely by tenants. Steps from Promenade Ontario, Marché Maisonneuve, parks, and top amenities. High-yield asset!

Additional Details

2412-2420 Av. Letourneux | Turnkey Quintuplex in Prime Hochelaga-Maisonneuve

Offering immediate cash-flow stability combined with tremendous long-term value creation, 2412-2420 Avenue Letourneux is an exceptionally well-maintained 5-unit building in one of Montreal's highest-demand rental markets. The property layout consists of four bright, easy-to-rent 3½ apartments on the upper levels alongside an expansive main unit, a 6½ spanning the ground floor and a full-height basement. The main unit features direct backyard access and a rare detached garage, making it ideal for an owner-occupant seeking to live virtually rent-free or an investor looking to lease out the primary suite at peak market rates.

Currently generating $55,740 in annual income from the four tenant-occupied units alone, the building offers substantial revenue upside as rents are optimized over time. Utility management is hassle-free with electric heating and hot water paid directly by the tenants (all hot water tanks rented). Solid structural maintenance and continuous updates throughout the years deliver low ongoing maintenance and peace of mind.

The LocationSituated in a bustling, high-growth sector of Hochelaga-Maisonneuve (HoMa), this address offers residents an enviable urban lifestyle in a neighborhood undergoing exciting gentrification and revitalizing energy. Commuters will appreciate the unbelievable transit efficiency, located just a 5-minute walk from Pie-IX Metro station (Green Line) and key bus corridors. Tenants and residents are steps away from the trendy cafes, local microbreweries, artisanal bakeries, and boutiques along Promenade Ontario and Place Simon-Valois, as well as the historic Marché Maisonneuve.

Major sports and outdoor attractions, including the Olympic Stadium, Maisonneuve Park, Botanical Garden, and Saputo Stadium, are all within short walking distance. Driven by continuous district investment and perpetual rental demand from young professionals and students, this property represents a high-performing real estate asset with immense future appreciation potential.

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Included in the sale

Units 2414-2420: All light fixtures and all appliances (4 per unit). Unit 2412: All light fixtures (except those excluded), kitchen range hood, dishwasher. 5x water heaters (4 rented, 1 owned), furnace.

Excluded in the sale

All personal belongings of the sellers and tenants, dining room light fixture (main floor -- 2412), primary bedroom light fixture (2412), front bedroom light fixture (2412), two wooden closet doors (basement -- 2412), and entrance light fixtures (2412).

Location

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Room Details

Room Level Dimensions Flooring Description
Room Level Dimensions Flooring Description
Room Level Dimensions Flooring Description
Room Level Dimensions Flooring Description
Room Level Dimensions Flooring Description
Hallway Basement 4.1x9.3 P Concrete
Bathroom Basement 5.0x8.11 P Ceramic tiles
Bedroom Basement 9.0x13.10 P Concrete
Bedroom Basement 11.10x13.10 P Concrete
Hallway Basement 11.2x7.6 P Concrete
Laundry room Basement 23.1x16.9 P Concrete +Electrical room
Family room Basement 11.10x14.5 P Concrete
Bedroom Ground floor 8.7x13.2 P Wood
Ground floor 9.9x5.0 P Wood
Bathroom Ground floor 9.9x9.6 P Ceramic tiles
Bedroom Ground floor 9.9x13.1 P Wood
Primary bedroom Ground floor 9.9x13.1 P Wood
Dining room Ground floor 12.11x9.0 P Wood
Kitchen Ground floor 12.3x10.10 P Ceramic tiles
Living room Ground floor 12.11x13.0 P Wood
Hallway Ground floor 4.0x9.9 P Wood
Other Ground floor 4.0x3.4 P Ceramic tiles

Assessment, taxes and other costs

  • Municipal taxes $7,075
  • School taxes $808
  • Municipal Building Evaluation $744,300
  • Municipal Land Evaluation $331,000
  • Total Municipal Evaluation $1,075,300
  • Evaluation Year 2026

Building details and property interior

  • Cupboard Wood, Melamine, Thermoplastic
  • Heating system Hot water, Electric baseboard units
  • Water supply Municipality
  • Heating energy Electricity
  • Windows Aluminum, PVC
  • Foundation Poured concrete, Stone
  • Hearth stove Wood fireplace
  • Garage Heated, Detached, Single width
  • Proximity Restaurants, Coffee shops, Groceries, Pharmacies., Highway, Cegep, Hospital, Park - green area, Bicycle path, Elementary school, High school, Public transport
  • Siding Brick
  • Basement 6 feet and over, Seperate entrance, Partially finished
  • Parking Garage
  • Sewage system Municipal sewer
  • Landscaping Fenced yard, Landscape
  • Window type Sliding, Hung, Tilt and turn
  • Roofing Elastomer membrane
  • Topography Flat
  • Zoning Residential

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Contact the listing broker(s)

Gerlando Baronello

Residential & Commercial Real Estate Broker

gerlando@groupebaronello.com

514.885.8346

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