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Investment Highlights

  • Annual revenue potential of $79,440, with further upside for growth through adjustments over time.
  • Prime location near CEGEP and public transit offers strong appeal for tenants and keeps occupancy high.
  • Opportunity to purchase an adjoining building for expanded portfolio scale and increased cash flow.

Executive Summary

This well-maintained 6-unit multi-family property offers investors a rare opportunity to secure cash flow in one of Saint-Jean-sur-Richelieu’s most promising rental markets. Built with solid brick construction, the building features six above-grade apartments configured as 4½ layouts. With gross annual revenues projected to reach $79,440 by July 2026, this asset combines strong returns with long-term stability, all in a sector recognized for exceptional occupancy rates.
The property benefits from its proximity to major amenities, located just steps from the local CEGEP and public transit connections. Hardwood floors and well-preserved interiors reflect quality management and low maintenance requirements over time. Investors will appreciate the ability to acquire this building alongside an identical adjacent 6-Plex (Centris #25753995), adding scalability for a total of 12 units generating over $159,000 annually.
Situated in a sought-after neighborhood with easy access to parks, schools, and daily conveniences, this asset aligns ideally with growing demand for quality rental housing in the Montérégie region. Low operating costs and a carefully selected tenant base enhance its long-term performance, making it an attractive addition to investment portfolios seeking stable, predictable income.

Property Facts

Price $1,249,000 CAD
Price Per Unit $208,167 CAD
Sale Type Investment
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Building Size 6,000 SF
No. Stories 3
Year Built 1960

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 6 - -
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
  • Listing ID: 40793592

  • Date on Market: 2026-06-04

  • Last Updated:

  • Address: 278-282 Chaussé Rue, Saint-jean-sur-richelieu, QC J3B 3P5

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