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15290 Av Saint-Louis 6 Unit Apartment Building $1,850,000 CAD ($308,333 CAD/Unit) Saint-Hyacinthe, QC J2T 3E4
Investment Highlights
- Six occupied residential units supported by long-standing tenant relationships
- Continuous ownership since 2000 with no major reported issues
- All tenants under active leases with a minimum two-year term remaining
- Eleven private garages included, providing strong supplemental income potential
- Zero insurance claims over a 20+ year holding period, demonstrating operational resilience
Executive Summary
This well-maintained six-unit apartment building presents an exceptional opportunity for investors seeking consistency and peace of mind. The property has been attentively owned since 2000 and demonstrates a clean operational history with no insurance claims or major issues reported during that time. Long-term, quiet tenants further support the property’s stable cash flow, with signed leases extending for at least two more years.
An additional revenue stream comes from 11 on-site garages, adding significant financial strength and broadening income potential. The combination of reliable tenancy, documented longevity, and ancillary leasing income makes this asset highly appealing for those prioritizing low-risk property ownership. Investors will find the property both easy to manage and well-positioned to deliver dependable returns over the long term.
An additional revenue stream comes from 11 on-site garages, adding significant financial strength and broadening income potential. The combination of reliable tenancy, documented longevity, and ancillary leasing income makes this asset highly appealing for those prioritizing low-risk property ownership. Investors will find the property both easy to manage and well-positioned to deliver dependable returns over the long term.
Property Facts
| Price | $1,850,000 CAD | Building Class | C |
| Price Per Unit | $308,333 CAD | Lot Size | 0.24 AC |
| Sale Type | Investment | Building Size | 5,575 SF |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1993 |
| Property Subtype | Apartment | Parking Ratio | 1.26/1,000 SF |
| Apartment Style | Low-Rise |
| Price | $1,850,000 CAD |
| Price Per Unit | $308,333 CAD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 5,575 SF |
| No. Stories | 2 |
| Year Built | 1993 |
| Parking Ratio | 1.26/1,000 SF |
Amenities
Unit Amenities
- Balcony
- Kitchen
Site Amenities
- 24 Hour Access
- Controlled Access
- Trash Pickup - Curbside
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Moderately walkable
70/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Contact
-
Benoît Bienvenue -
Proprio Direct - Agence Immobilière
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15290 Av Saint-Louis
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