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250 Boul Saint-Joseph E
Montréal, QC H2T 1H7
Le 250 · Multifamily Property For Sale
·
79 Units


Investment Highlights
- Rare 79-unit multifamily asset in Plateau-Mont-Royal
- Eighteen vacant units provide immediate leasing opportunity
- Roof replaced in 2026 and elevators modernized
- Walking distance to Laurier and Mont-Royal Metro stations
- Concrete construction supports long-term durability
- Walk Score of 99 with access to major neighborhood amenities
Executive Summary
250 Boulevard Saint-Joseph East presents a rare opportunity to acquire a 79-unit multifamily asset in the heart of Montréal's highly sought-after Plateau-Mont-Royal neighborhood. Positioned along one of the city's most established residential corridors, the property benefits from exceptional connectivity, with Laurier and Mont-Royal Metro stations within walking distance and immediate access to the area's renowned collection of cafés, restaurants, boutiques, parks, and cultural amenities. The location's Walk Score of 99 and Bike Score of 100 contribute to sustained tenant demand from professionals, students, and long-term residents seeking an urban lifestyle in one of Montréal's most desirable rental markets.
Constructed in 1962, the 12-story concrete building offers long-term durability and operational stability. The property contains 79 residential units consisting of 33 studio-style apartments and 46 one-bedroom apartments. Investors have the opportunity to enhance future revenue through 18 currently vacant units and additional leasing flexibility associated with units occupied by members of the ownership group. The building's scale is distinctive within the surrounding neighborhood and provides panoramic views of Montréal's skyline and Mount Royal from upper-floor balconies.
Recent capital improvements support the property's long-term investment profile, including a new roof completed in 2026, modernized elevators, and an intelligent fire alarm system. Additional amenities include indoor parking, secure bicycle storage, a tenant laundry facility, and controlled access systems. Situated within a supply-constrained rental market known for strong housing demand and limited availability of large multifamily assets, the property offers investors the opportunity to acquire a significant residential holding in one of Montréal's most established urban neighborhoods.
Constructed in 1962, the 12-story concrete building offers long-term durability and operational stability. The property contains 79 residential units consisting of 33 studio-style apartments and 46 one-bedroom apartments. Investors have the opportunity to enhance future revenue through 18 currently vacant units and additional leasing flexibility associated with units occupied by members of the ownership group. The building's scale is distinctive within the surrounding neighborhood and provides panoramic views of Montréal's skyline and Mount Royal from upper-floor balconies.
Recent capital improvements support the property's long-term investment profile, including a new roof completed in 2026, modernized elevators, and an intelligent fire alarm system. Additional amenities include indoor parking, secure bicycle storage, a tenant laundry facility, and controlled access systems. Situated within a supply-constrained rental market known for strong housing demand and limited availability of large multifamily assets, the property offers investors the opportunity to acquire a significant residential holding in one of Montréal's most established urban neighborhoods.
Property Facts
| Price Per Unit | $316,456 CAD | Apartment Style | Mid-Rise |
| Sale Type | Investment | Building Class | B |
| Cap Rate | 3.22% | Lot Size | 0.14 AC |
| No. Units | 79 | Building Size | 46,899 SF |
| Property Type | Multifamily | No. Stories | 12 |
| Property Subtype | Apartment | Year Built | 1962 |
| Zoning | H.2-5 ET C.1 ZONE 0124 | ||
| Price Per Unit | $316,456 CAD |
| Sale Type | Investment |
| Cap Rate | 3.22% |
| No. Units | 79 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.14 AC |
| Building Size | 46,899 SF |
| No. Stories | 12 |
| Year Built | 1962 |
| Zoning | H.2-5 ET C.1 ZONE 0124 |
Amenities
Site Amenities
- Courtyard
- Fitness Center
- Laundry Facilities
- Sauna
- Spa
- Video Patrol
- Bicycle Storage
- Elevator
- Public Transportation
- Key Fob Entry
- Fiber Optic Internet
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 33 | - | - |
| 1+1 | 46 | - | - |
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