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20 Rue Des Lilas 7 Unit Apartment Building $2,399,000 CAD ($342,714 CAD/Unit) Saint-esprit, QC J0K 2L0
Investment Highlights
- Seven residential units in a modern condo-style building completed in 2023.
- Located in the center of Saint-Esprit near everyday services and amenities.
- Municipal water and sewer services are connected to the property.
- Fully above-grade construction with no basement.
- Convenient access to Autoroute 25 and Route 158.
Executive Summary
This seven-unit multifamily property offers investors the opportunity to acquire a recently constructed residential asset in the heart of Saint-Esprit, Quebec. Completed in 2023, the building features modern condo-style apartments with varied layouts designed to appeal to a broad tenant base. The property is 100% above grade with no basement, helping simplify building operations and maintenance considerations. Municipal water and sewer services, paved access, and contemporary construction further support efficient ownership.
Positioned within the village core, the property benefits from convenient access to daily amenities including grocery stores, pharmacies, schools, parks, and local services. Its location near Autoroute 25 and Route 158 provides connectivity throughout the Lanaudière region and access to the Greater Montreal area in less than an hour, supporting tenant mobility and regional employment access. The surrounding area offers proximity to educational institutions, healthcare facilities, recreational amenities, and commercial services that contribute to long-term residential demand.
The asset contains seven residential units and includes four detached garages along with additional on-site parking, providing a total of 12 parking spaces. The combination of modern construction, diversified unit mix, and established neighborhood services creates an attractive income-producing investment. With a recently completed building envelope, contemporary finishes, and a location within a growing community environment, the property presents an opportunity to acquire a stabilized residential asset requiring limited near-term capital improvements while benefiting from the convenience and accessibility of a village-centered setting.
Positioned within the village core, the property benefits from convenient access to daily amenities including grocery stores, pharmacies, schools, parks, and local services. Its location near Autoroute 25 and Route 158 provides connectivity throughout the Lanaudière region and access to the Greater Montreal area in less than an hour, supporting tenant mobility and regional employment access. The surrounding area offers proximity to educational institutions, healthcare facilities, recreational amenities, and commercial services that contribute to long-term residential demand.
The asset contains seven residential units and includes four detached garages along with additional on-site parking, providing a total of 12 parking spaces. The combination of modern construction, diversified unit mix, and established neighborhood services creates an attractive income-producing investment. With a recently completed building envelope, contemporary finishes, and a location within a growing community environment, the property presents an opportunity to acquire a stabilized residential asset requiring limited near-term capital improvements while benefiting from the convenience and accessibility of a village-centered setting.
Property Facts
| Price | $2,399,000 CAD | Property Subtype | Apartment |
| Price Per Unit | $342,714 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Size | 12,000 SF |
| No. Units | 7 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2023 |
| Price | $2,399,000 CAD |
| Price Per Unit | $342,714 CAD |
| Sale Type | Investment |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Size | 12,000 SF |
| No. Stories | 3 |
| Year Built | 2023 |
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Somewhat walkable
20/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
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20 Rue Des Lilas
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