11400 Boul Gouin E 16,402 SF Retail Building Montréal, QC H8Y 1X8 $4,050,000 CAD ($246.92 CAD/SF) 7.16% Cap Rate

11400 Gouin Boulevard West offers investors the opportunity to acquire a fully leased retail asset positioned immediately adjacent to the Roxboro–Pierrefonds REM station in Montréal's West Island. The property is occupied by a veterinary clinic operating within the essential services sector, providing stable occupancy and contractual income through May 31, 2029. Purpose-built tenant improvements and customized buildout support long-term tenant retention while reducing near-term leasing risk.
The asset benefits from frontage along Gouin Boulevard West, a major arterial corridor serving the surrounding residential communities and commercial districts. Its location adjacent to the REM station enhances accessibility and places the property within a transit-oriented environment that continues to attract public and private investment. The surrounding area is characterized by established residential neighborhoods, strong household incomes, and convenient access to Saint-Jean Boulevard, Highway 13, and Highway 40, supporting long-term real estate fundamentals.
Beyond its current income profile, the property presents future value-enhancement potential through its Transit-Oriented Development (TOD) designation under Montréal's planning framework. Investors may benefit from future opportunities related to residential densification, mixed-use redevelopment, or strategic repositioning, subject to municipal approvals. Combined with a well-maintained physical asset, a single essential-service tenant, and proximity to major transportation infrastructure, the property offers a blend of current cash flow and long-term redevelopment potential within one of Montréal's established suburban markets.