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3587-3591 Sherbrooke E 4 Unit Apartment Building $1,599,000 CAD ($399,750 CAD/Unit) 5.83% Cap Rate Montréal, QC H1W 1E4
Investment Highlights
- Located near retail, restaurants, parks, and schools in Rosemont–La Petite-Patrie.
- Surging demand in sought-after neighborhood ensures ongoing rental stability.
- Easy access to Joliette Metro station and public transit with direct routes to downtown.
Executive Summary
This fully renovated fourplex in the dynamic Rosemont–La Petite-Patrie neighborhood of Montréal presents an exceptional investment opportunity at $1,599,000. Three out of four units have been extensively updated with modern finishes, offering bright, stylish living spaces. With potential annual rental income estimated at $93,300 and three units already leased, this property provides instant cash flow alongside promising optimization potential for future earnings.
Property Facts
| Price | $1,599,000 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $399,750 CAD | Building Class | B |
| Sale Type | Investment | Building Size | 3,690 SF |
| Cap Rate | 5.83% | No. Stories | 3 |
| No. Units | 4 | Year Built | 1947 |
| Property Type | Multifamily | Parking Ratio | 0.27/1,000 SF |
| Property Subtype | Apartment |
| Price | $1,599,000 CAD |
| Price Per Unit | $399,750 CAD |
| Sale Type | Investment |
| Cap Rate | 5.83% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Building Size | 3,690 SF |
| No. Stories | 3 |
| Year Built | 1947 |
| Parking Ratio | 0.27/1,000 SF |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
Site Amenities
- Controlled Access
- Trash Pickup - Curbside
- Public Transportation
- Walk-Up
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Exceptionally walkable
100/100
Very drivable
80/100
Exceptional public transit
90/100
Very bikeable
80/100
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3587-3591 Sherbrooke E
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