1235 - 1317 Boul. d'Iberville 6 Multifamily Properties Offered at $13,016,000 CAD in Multiple Locations

This rare multifamily portfolio opportunity comprises six well-maintained buildings, each with six residential units, located in the sought-after Iberville sector of St-Jean-sur-Richelieu. Built between 2017 and 2019, these properties feature condo-quality construction with superior soundproofing and consistent design across all buildings, ensuring simplified long-term management and strong tenant appeal.
The portfolio offers 63 outdoor parking spaces, 18 enclosed garages, and 36 individual storage lockers, supporting convenience for residents and operational flexibility for owners. The asking price reflects less than 17.5 times gross annual income, representing an attractive acquisition metric for assets of this quality and vintage. Additionally, buyers may benefit from the opportunity to assume existing mortgage loans totaling approximately $8.3 million, with favorable terms subject to lender approval and averaging about 3.93% interest – a potential advantage compared to market financing.
Situated near major transportation routes including Autoroute 35 and Route 104, the Iberville sector delivers easy connectivity, proximity to essential services, shops, parks, and recreational amenities along the Richelieu River. The portfolio can be acquired in its entirety or by individual building, providing investment flexibility to suit various strategies.