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267-275 Rue De Sainte-Paule 5 Unit Apartment Building $1,199,000 CAD ($239,800 CAD/Unit) Saint-Jérôme, QC J7Z 1A9
Investment Highlights
- Draft plan of subdivision application proposes a 204-unit residential community with a mix of low-, medium-, and high-density housing.
- Conveniently located 30 minutes west of Ottawa with direct access to Highway 7, Highway 417, and the city's west-end employment corridor.
- Extensive planning, engineering, environmental, transportation, servicing, and stormwater studies have been completed to support the ongoing approval
- Positioned within a growing community near schools, parks, shopping, healthcare, recreation, and Carleton Place's historic downtown.
Executive Summary
Excellent investment opportunity! Well-maintained and renovated 5-unit income property offering strong and stable rental revenue, with additional income generated from rented lockers and a leased basement, creating multiple revenue streams beyond the residential units. An ideal addition to any real estate portfolio with excellent long-term income potential. Ideally located in the heart of Saint-Jérôme, the property is within walking distance of shops, restaurants, cafés, grocery stores, schools, parks, public transit, and the Saint-Jérôme commuter train station. Its central location also offers quick access to Highway 15, making it highly attractive to tenants and commuters alike. A quality income property in a high-demand rental area with excellent upside potential.
Property Facts
| Price | $1,199,000 CAD | Building Class | C |
| Price Per Unit | $239,800 CAD | Lot Size | 0.16 AC |
| Sale Type | Investment | Building Size | 4,166 SF |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1949 |
| Property Subtype | Apartment | ||
| Zoning | H-2138 | ||
| Price | $1,199,000 CAD |
| Price Per Unit | $239,800 CAD |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 4,166 SF |
| No. Stories | 2 |
| Year Built | 1949 |
| Zoning | H-2138 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | - | - |
1 1
Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
60/100
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267-275 Rue De Sainte-Paule
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