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1555 Av. Van Horne, Montréal (Outremont), QC H2N1C8    $5,000,000

Other

Other

Other

Other

Other

Exterior

Exterior

Exterior

Aerial photo

MLS: 28686763
2 1 1974

Description

All offers must be submitted as of Monday, September 8, and will be responded on Thursday, September 18. Opportunity Outremont development opportunity! Corner site with approved plans for a 6-storey mixed-use project designed by ACDF Architecture. Full concrete build and fully compliant with zoning and CCU approved -- shovel-ready to build. The Plan features: 25 residential units + ground-floor commercial space Preserved red brick façade with modern extension 4 indoor parking + 12 bicycle spaces Land area: 5,410 sq. ft. Strong projected refinance value ($14.5M CMHC) A rare turnkey project in one of Montreal's most prestigious boroughs.


Prime Development Opportunity Builders & Investors
Welcome!!! All offers must be submitted as of Monday,
September 8, and will be responded to no later than end of
day Thursday, September 18 (10 days to submit your offers).
Exceptional development opportunity on a fully concrete
building located at the corner of Van Horne and McEachran
avenues in Outremont. This property comes with fully
approved architectural plans designed by ACDF Architecture,
one of Montreal's most recognized firms. The project is
construction-ready (shovel-ready), having already received
zoning conformity and CCU approval.

Building Type: 6-storey mixed-use building

Residential Units: 25 high-quality units

Commercial Space: Ground floor retail unit

Design Features: Preservation of existing red brick façade
on McEachran with a modern vertical extension including
translucent cérafrit glass balconies.

Zoning & Compliance

Lot Area: 5,410 sq. ft. (502.6 m²)

Site Coverage: 77% (max allowed 100%)

Coefficient d'occupation des sols (COS): 3.73 (max allowed
4.0)

Green Space: 25% (min required 20%)

Height: 6 storeys (compliant with 5--6 storey limit)

Parking & Amenities

4 indoor parking spaces

12 bicycle parking spaces (with repair station -- exceeding
borough requirements)

On-site garbage management in a protected alcove

Investment Budget (Preliminary)

Acquisition: $5,000,000

Construction: $5,000,000

Soft Costs: $700,000 + $300,000

Total Estimated Cost: $11,000,000

Projected CMHC Refinance

Residential (25 units @ $500,000/door): $12,500,000

Commercial Unit: $2,000,000

Total Projected Refinance Value: $14,500,000

Supporting Documentation Available

Complete architectural plans

Detailed floor plans (basement, ground floor, levels 2--6)

Renderings and material palettes

CCU approval documentation

Summary:
A prime Outremont development project, already approved and
de-risked, with strong projected financial returns. This is
a turnkey investment opportunity for developers looking to
move quickly into construction without zoning or approval
delays.

Inclusions: As per the residential leases


Exclusions : As per the residential leases

BUILDING
Type
Style Attached
Dimensions 100x54.1 P
Lot Size 5410 PC
EXPENSES
Municipal Taxes (2025) $ 32114 / year
School taxes (2025) $ 1925 / year
Room Dimensions Level Flooring
N/A
Siding Brick
Proximity Cegep, Daycare centre, Elementary school, High school, Hospital, Park - green area, Public transport, University
Zoning Commercial, Residential
Sewage system Municipal sewer
Water supply Municipality
Parking Outdoor
Foundation Poured concrete