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Unit Size: 3,295 SF
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Condo Use: Medical Office
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Price: $1,223,712 USD
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Sale Type: Investment
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Price/SF: $371.38 USD
Description
Located in the heart of Montréal's Plateau-Mont-Royal district, 83 Rue Rachel Est presents an investment opportunity featuring a fully leased commercial condominium occupied by an established dental practice. The corner unit benefits from strong street presence along Rue Rachel Est and is positioned within one of Montréal's most active mixed-use neighborhoods, surrounded by a dense concentration of residential buildings, retail services, restaurants, and professional offices.
The property encompasses approximately 3,200 square feet and is supported by a long-term tenancy that provides stable income. A five-year lease commencing December 5, 2025, contributes predictable cash flow, while the inclusion of two parking spaces provides additional revenue potential. The location offers convenient access to major commercial corridors including Saint-Laurent Boulevard, Avenue du Mont-Royal, and Rue Saint-Denis, placing the asset within walking distance of a broad range of amenities and transit options.
Situated approximately ten minutes from Mont-Royal Metro Station, the property benefits from excellent accessibility for employees, clients, and visitors. The surrounding Plateau-Mont-Royal neighborhood remains one of Montréal's most recognized urban districts, characterized by continuous pedestrian activity, established businesses, and a strong local customer base. Combined with the property's corner positioning, existing tenancy, and central location, the asset offers investors a well-located commercial holding within a mature Montréal market.
Sale Notes
Located in the heart of Montréal's Plateau-Mont-Royal district, 83 Rue Rachel Est presents an investment opportunity featuring a fully leased commercial condominium occupied by an established dental practice. The corner unit benefits from strong street presence along Rue Rachel Est and is positioned within one of Montréal's most active mixed-use neighborhoods, surrounded by a dense concentration of residential buildings, retail services, restaurants, and professional offices.
The property encompasses approximately 3,200 square feet and is supported by a long-term tenancy that provides stable income. A five-year lease commencing December 5, 2025, contributes predictable cash flow, while the inclusion of two parking spaces provides additional revenue potential. The location offers convenient access to major commercial corridors including Saint-Laurent Boulevard, Avenue du Mont-Royal, and Rue Saint-Denis, placing the asset within walking distance of a broad range of amenities and transit options.
Situated approximately ten minutes from Mont-Royal Metro Station, the property benefits from excellent accessibility for employees, clients, and visitors. The surrounding Plateau-Mont-Royal neighborhood remains one of Montréal's most recognized urban districts, characterized by continuous pedestrian activity, established businesses, and a strong local customer base. Combined with the property's corner positioning, existing tenancy, and central location, the asset offers investors a well-located commercial holding within a mature Montréal market.