Welcome to 5326 Place Newman, ideally located in a highly sought-after area. An excellent opportunity to acquire this 11-unit income property, easy to manage and offering strong investment potential. Strategically located near Décarie Boulevard, public transportation, shops, services, and numerous amenities. For more information, please contact the listing brokers.
Welcome to 5326 Place Newman, an 11-unit residential income
property ideally located in a well-established and highly
sought-after sector of Montréal.
The property benefits from a strategic location near
Décarie Boulevard and major transportation arteries,
providing convenient access to downtown Montréal and
surrounding neighbourhoods. The area is well served by
public transportation and is located near numerous shops,
grocery stores, restaurants, schools, parks, healthcare
services, and other essential amenities.
The surrounding neighbourhood is characterized by a diverse
and established residential population, including families,
professionals, students, and long-term residents. Its
accessibility, proximity to employment centres, educational
institutions, commercial services, and public transit
contribute to consistent rental demand and make the area
attractive to a broad range of tenants.
This 11-unit property represents an excellent opportunity
for an investor seeking a manageable multi-residential
building in a strong rental location with long-term
investment potential.
The purchaser shall be responsible for conducting their own
due diligence regarding the property, zoning, permitted
use, revenues, expenses, leases, building condition, and
any other information deemed relevant to the transaction.
For additional information or further details regarding the
property, please contact the listing brokers.
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| ROOM DETAILS | |||
|---|---|---|---|
| Room | Dimensions | Level | Flooring |
| N/A | |||
| BUILDING | |
|---|---|
| Type | |
| Style | Semi-detached |
| Dimensions | 0x0 |
| Lot Size | 0 |
| EXPENSES | |
|---|---|
| Insurance | $ 10000 / year |
| Energy cost | $ 11560 / year |
| Municipal Taxes (2026) | $ 9807 / year |
| School taxes (2026) | $ 1199 / year |
| CHARACTERISTICS | |
|---|---|
| Proximity | High school, Highway, Hospital, Park - green area, Public transport, University |
| Heating system | Hot water |
| Sewage system | Municipal sewer |
| Water supply | Municipality |
| Heating energy | Natural gas |
| Zoning | Residential |