3545 Rue St-Urbain
Montréal — Plateau Mont-Royal, QC H2X 2N6
$2,399,000
Centris No. 21324345- June 1, 2026Listed
- 1900Year built
- 5,654 ft²living area
Discover a nine-unit rental building that exudes charm with its stunning greystone facade and original Victorian details. This prime investment opportunity is situated in one of Montreal's most desirable rental markets, just minutes from McGill and Concordia campuses. The property boasts easy-to-rent units and is conveniently close to all essential amenities. Key upgrades include new windows and roof (2005), extensive electrical and plumbing renovations, a top-of-the-line furnace (2016), and refreshed common areas within the last two years. With strong revenue potential, low expenses, and minimal management, 2 units vacant.
Revenue Property
- Units
- 9
- Leased / vacant
- 7 / 2
- Gross annual revenue (2026)
- $161,796
- Gross yield
- 6.7%
- Zoning
- Residential
Operating expenses
| Municipal (2025) | $11,926 |
|---|---|
| Insurance | $10,037 |
| Gas | $7,393 |
| School (2025) | $1,520 |
| Electricity | $907 |
| Total | $31,783 |
Operating expenses as filed on the Centris listing. They may be incomplete and exclude financing. Verify all figures independently.
Gross yield is gross scheduled revenue divided by list price. It is not a cap rate — operating expenses are not included. Verify all figures independently.
| Municipal taxes | $11,926 |
|---|---|
| School taxes | $1,520 |
| Inclusions | Laundry machines in the basement. |
| Exclusions | Tenant's personal belongings. |
| Proximity | Highway · CEGEP · Daycare centre · Hospital · Metro · Park · Bicycle path · Elementary school · High school · Cross-country skiing · Commuter train · Public transportation · University |
|---|---|
| View | View of the city |
| Water supply | Municipality |
| Sewage system | Municipality |
| Services connected | Water Connected · Sewer Connected |
| Common walls | Attached |
Mortgage Calculator
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Default rate: best available 5-year fixed, as of 2026-09-14 (Ratehub.ca). That is the lowest advertised insured rate, which requires less than 20% down. With 20% or more down, or above the $1.5M insurance cap, expect a somewhat higher rate. Enter your own above.
Estimate only, for illustration. Assumes semi-annual compounding per Canadian convention. Not a mortgage offer or approval — your actual rate and payment will differ. Speak with your broker or lender.
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