2095 Boul. Grand, Montréal (côte-des-neiges/notre-dame-de-grâce), QC H4B2W7
2095 Boul. Grand, Montréal (côte-des-neiges/notre-dame-de-grâce), QC H4B2W7
2095 Boul. Grand, Montréal (côte-des-neiges/notre-dame-de-grâce), QC H4B2W7
24
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Listed by Tony Vinado Douk
$7,450,000
Est. payment /mo
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2 Beds
1 Bath
0.37 Acres Lot
Active

2095 Boul. Grand Montréal (côte-des-neiges/notre-dame-de-grâce), QC H4B2W7

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Key Details

Property Type Other Types

Sub Type 31 units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 27944836

Style Detached

Bedrooms 2

Year Built 1958

Lot Size 0.367 Acres

Property Sub-Type 31 units

Property Description

31-unit building at 2095 Grand Blvd in NDG, a prime location near Highways 15, 20 and 720, Vendôme metro and Monkland Village. Owner has renovated 12 units, allowing immediate value-add and strong upside potential. Buyer must assume existing 3.66% CMHC MLI Select mortgage, advantageous due to smaller unit mix. Garage can be converted into 3 additional units with plans ready for submission, subject to city approval. Includes 8 parking spaces and on-site laundry generating income. Fire alarm system and plumbing risers updated. Significant optimization potential throughout.

Exceptional Investment Opportunity - Potential Gross Revenue 450 000$ - 31 Units - NDG

31-unit apartment building located at 2095 Grand Boulevard, in the heart of Notre-Dame-de-Grâce, a highly sought-after area offering strong rental demand and long-term stability.

The property benefits from a strategic location near major highways, including Highways 15, 20, and 720, providing quick and direct access to downtown Montreal. It is also close to Vendôme and Villa-Maria metro stations, and near Monkland Village, known for its shops, cafés, restaurants, and services. The area is also in proximity to Concordia University's Loyola Campus, making it ideal for both student and professional tenants.

The owner has undertaken the renovation of multiple units and invested capital into the property. The project has progressed significantly, with several units already completed or in advanced stages of renovation, some units already re-leased, and others still remaining to be completed. This provides a future purchaser with the opportunity to acquire an asset where a substantial portion of the work has already been completed while retaining significant upside potential.

The buyer will be required to assume the existing mortgage at a 3.66% interest rate, structured under a CMHC MLI Select program based on affordability and energy efficiency criteria. This financing structure is particularly advantageous for this property, as it consists primarily of smaller units that align well with affordability requirements.

The building is constructed of brick. It includes a garage with capacity for three parking spaces, as well as 8 exterior parking spaces generating additional income. A laundry room is also in place, providing an extra revenue stream. The garage also represents strong upside potential, as the sellers have already prepared plans to convert it into three additional residential units, ready to be submitted to the City.

The fire alarm system was upgraded in 2026, and the plumbing risers have been replaced by the seller, representing significant capital improvements and reducing short-term risk.

Heating and hot water are currently powered by natural gas and paid by the owner. A potential conversion to an electric system would allow these costs to be transferred to tenants, reducing operating expenses and increasing the overall value of the property.

The current zoning allows for additional optimization potential, subject to verification with the City.

This is a rare opportunity for an investor to acquire a property with strong value-add potential, combined with attractive in-place financing.

Location

Province QC

Exterior

Lot Depth 48.46

Building

Story 3rd floor


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2095 Boul. Grand

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