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- 3198 Rue Sherbrooke E.






































































Property Information:
Charming 4plex in the sought-after Mercier-Hochelaga-Maisonneuve neighborhood. Built in 1949 by the same family that has lovingly maintained it since, this property offers a rare mix of history and opportunity. It features a spacious 7 1/2 unit, a 5 1/2 unit, and two 3 1/2 units, with two currently rented for $1,400/month and a projected annual income of over $49,000. The property includes two indoor garages, a valuable asset in this urban setting. Steps from Préfontaine Metro, it boasts a Walk Score of 91 and is close to shops, schools, parks, and landmarks like the Olympic Stadium. Perfect for investors or owner-occupants.
Welcome to 3198 Sherbrooke E., Montreal, in the vibrant Mercier-Hochelaga-Maisonneuve neighborhood. 4plex with long-term ownership; built in 1949 by the same family and lovingly maintained ever since.
Unit Breakdown:
- 1 x 7 1/2 unit
- 1 x 5 1/2 unit
- 2 x 3 1/2 units
Income Potential
- Two units currently rented at $1,400/month
- Projected annual revenue: Over $49,000.
Amenities:
- Includes 2 indoor parking spaces, a rare convenience in this area.
Neighborhood Highlights
- Steps from Préfontaine Metro (Green Line).
- Walk Score: 91 ("Walker's Paradise") and Bike Score: 95.
- Near grocery stores, cafes, restaurants, and local shops along Promenade Ontario.
- The property is near Promenade Ontario, a bustling strip with boutiques, pharmacies, and home goods stores.
Larger shopping centers, like Place Versailles, are accessible within a few minutes by car or transit.
- Close to major landmarks like the Olympic Stadium, Biodome, Botanical Garden, and Maisonneuve Market.
- Easy access to schools, parks, and public transit.
- Nearby highways (25 and Notre-Dame) connect to downtown Montreal in 20 minutes.
This property offers a prime investment opportunity in a desirable, high-demand neighborhood. Perfect for owner-occupants or investors looking to expand their portfolio.
Exclusions : Tenant's belongings, Apartment C Fridge & Stove
Building Features:
- Style: Fourplex
- Foundation: Poured concrete
- Garage: Built-in
- Parking: Garage
- Size: 29.0 x 35.3 Feet
- Heating Energy: Electricity
- Water Supply: Municipality
- Sewage System: Municipality
Potential Gross Revenue:
- Residential: $49,200
Taxes:
- Municipal Tax: $7,076
- School Tax: $875
- Annual Tax Amount: $7,951
Property Assessemnt:
- Lot Assessment: $335,000
- Building Assessment: $738,900
- Total Assessment: $1,073,900
Property Features:
- Bedrooms: 3
- Bathrooms: 1
- Built in: 1949
- Lot Depth: 38.1 Metre
- Lot Frontage: 8.85 Metre
- Lot Size: 335.00 Square Metres
- Zoning: RESI
- No. of Parking Spaces: 2
Revenue Units:
Unit 1
- Pieces 7
- Bedrooms 3
- Baths 1
Unit 2
- Pieces 3
- Bedrooms 1
- Baths 1
Unit 3
- Pieces 3
- Bedrooms 1
- Baths 1
Unit 4
- Pieces 5
- Bedrooms 3
- Baths 1
Data provided by: Centris - 600 Ch Du Golf, Ile -Des -Soeurs, Quebec H3E 1A8
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved.
Market Price Trends
Location of 3198 Rue Sherbrooke E., Montréal (Mercier/Hochelaga-Maisonneuve), QC, H1W 1B7
Demographic Information of 3198 Rue Sherbrooke E., Montréal (Mercier/Hochelaga-Maisonneuve), QC, H1W 1B7
Life Stage
Young SinglesEmployment Type
Service Sector/White CollarAverage Household Income
$110,734.09Average Number of Children
1.65Household Population
Household Structure
Age of Population
Education
Education Level
No certificate/diploma/degree
10.94 %High school certificate or equivalent
15.8 %Apprenticeship trade certificate/diploma
8.79 %College/non-university certificate
18.64 %University certificate (below bachelor)
6.09 %University Degree
39.74 %Commuter
Travel To Work
By Car
37.14 %By Public Transit
41.96 %By Walking
12.97 %By Bicycle
6.24 %By Other Methods
1.69 %Cultural Diversity
Knowledge of Official Language
Mother Tongue
Building Information
Building Type
Apartments (Low and High Rise)
85.24 %Houses
Own Vs. Rent
3198 Rue Sherbrooke E., Montréal (Mercier/Hochelaga-Maisonneuve), QC, H1W 1B7
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