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Investment Highlights

  • Seven-unit residential building featuring two 3½ units and five 4½ units.
  • Positioned near major retailers and a secondary school, fostering consistent tenant demand.
  • Heated through electric and natural gas systems; connected to municipal water and sewer.
  • Situated in a growing community with favorable demographics and rental stability.

Executive Summary

This seven-unit multi-family building in Cowansville presents a compelling opportunity for investors seeking stable rental income with long-term upside. Constructed in 1968, the property consists of a mix of two 3½ units and five 4½ units, generating steady revenue through an established tenant base. With a current annual potential gross income of approximately $72,840, this asset provides both predictability and future enhancement possibilities.
Located within walking distance of major retail chains and educational institutions, the property benefits from excellent access to community amenities. The surrounding neighborhood combines residential appeal with convenient proximity to Cowansville’s commercial corridors, supporting demand for quality rental accommodations. Featuring brick exterior construction, municipal utility connections, and zoning reserved for residential use, the building offers durability and regulatory clarity for investors.
With population growth in the region and a vacancy-constrained rental market, this asset is strategically positioned for value appreciation through rental optimization and targeted upgrades. For those pursuing a balanced portfolio with reliable cash flow and potential yield enhancement, this property stands as a strong candidate.

Property Facts

Price $1,049,000 CAD
Price Per Unit $149,857 CAD
Sale Type Investment
No. Units 7
Property Type Multifamily
Lot Size 0.22 AC
Building Size 9,536 SF
No. Stories 2
Year Built 1968
Zoning Residential/Commercial
Somewhat walkable
30/100
Very drivable
80/100
Fairly bikeable
50/100
  • Listing ID: 41141397

  • Date on Market: 2026-07-02

  • Last Updated:

  • Address: 146 Rue Hanson, Cowansville, QC J2K 3E9

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