5336 Rue Sherbrooke O., Montréal (Côte-des-Neiges, QC H4A3H3    $10,400,000

Ideally located near McGill University's Glen Site and just minutes from Westmount, the property benefits from a high occupancy rate, a diverse tenant base, and strong long-term rental demand. Its strategic location provides quick access to downtown Montréal, Highways 15, 10 and 20, as well as Sherbrooke Street, one of the city's main thoroughfares, making this a true AAA rental location with exceptional accessibility. The property is also within walking distance of Vendôme Metro Station (Orange Line) and Vendôme commuter train station, offering convenient public transit access throughout the Greater Montréal area.

***PRESTIGIOUS NDG PROPERTY -- A RARE OPPORTUNITY!**
Located in the heart of the highly sought-after
Notre-Dame-de-Grâce neighbourhood, just steps from all
essential services and adjacent to Westmount, this property
is situated in one of Montréal's most desirable
areas--where investment opportunities rarely come to market.
***Chez Fred Bakery**, established on-site since 2012 and
operating under a **net-net lease**. Chez Fred is a highly
regarded French bakery and pastry shop with outstanding
Google reviews, attracting customers from across the
Greater Montréal area.
KEY PROPERTY HIGHLIGHTS
28 spacious residential apartment units
Strong and established commercial tenant
Chez Fred Bakery, operating successfully on-site since 2012
Long-term commercial lease in place through 2031
Prime location adjacent to Westmount
Significant recent capital expenditures and major building
upgrades.
AN EXCEPTIONAL COMMERCIAL TENANT -- CHEZ FRED BAKERY
Occupying the premises since 2012, Chez Fred Bakery is a
well-established and highly regarded French bakery and
pastry shop operating under a NET NET lease.
Renowned for the quality of its products and its
outstanding Google reviews, Chez Fred attracts a loyal
customer base from across the Greater Montréal area. Its
long-standing presence econtributes to the property's
financial stability while enhancing the building's
visibility and reputation within the neighbourhood.
IMPECCABLY MAINTAINED BUILDING -- SIGNIFICANT CAPITAL
IMPROVEMENTS
The property has benefited from substantial capital
improvements over the years, ensuring its long-term
durability and providing an enhanced living experience for
tenants.
Key improvements include:
15 of the 28 residential units fully renovated
New fire alarm panel installed in 2022
Complete window replacement completed in 2020
Roof replaced in 2011
In 2011, the owner installed individual 100-amp electrical
panels and separate hot water tanks for each unit as part
of the conversion to electric baseboard heating and
individual domestic hot water systems. These significant
investments have helped maintain the property in excellent
condition while supporting long-term value preservation.
Furthermore, the extensive upgrades may facilitate access
to attractive financing options for future purchasers.

STRONG RENTAL PERFORMANCE
Current rental income is stable and well-established,
providing attractive financing opportunities for a
prospective purchaser. Rental rates have not yet been fully
optimized, offering meaningful upside potential through
future rent growth. The property presents a compelling
opportunity for value enhancement while maintaining a
strong and reliable income stream capable of supporting
favorable financing terms.
EMPLACEMENT IMBATTABLE
À distance de marche de :La station de métro Vendôme Le
site Glen de l'Université McGill.

Note: The operating expenses presented in this offering
reflect the only operating expenses with supporting
invoices.