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365 Rue Adams E 17 Unit Apartment Building $4,640,000 CAD ($272,941 CAD/Unit) Richmond, QC J0B 2H0
Investment Highlights
- Each unit includes a private balcony, outdoor storage, and at least one parking space.
- Superior construction with features like resilient bars, acoustic wool, and energy-efficient components.
- Modern amenities such as heat pumps, air conditioning, high-grade insulation, and acoustic design.
- Positioned near major routes, minutes from Sherbrooke and Autoroute 55, providing regional connectivity.
Executive Summary
This newly built 17-unit rental building at 365, rue Adams Est in Richmond represents a compelling investment opportunity within a growing Estrie market. Constructed in 2024, the three-story property features a balanced mix of six 3½ units, eight 4½ units, and three 5½ units, all designed for modern living standards. Each apartment is equipped with a private balcony, outdoor storage, air conditioning, and a heat pump system, supported by superior soundproofing measures and high-efficiency insulation.
The property also includes at least one parking space per unit (1.55 spaces per unit on average) and offers residents conveniences like internet service, separate laundry provisions in most units, and high-quality finishes throughout. Located near Routes 116, 143, and 245, and just minutes from Autoroute 55, the site delivers exceptional connectivity to Sherbrooke, Drummondville, and Montreal, as well as access to key services, schools, parks, and retail. With strong regional rental demand and limited supply in this segment, this asset offers reliable cash flow potential and long-term value anchored by quality construction and a favorable location.
The property also includes at least one parking space per unit (1.55 spaces per unit on average) and offers residents conveniences like internet service, separate laundry provisions in most units, and high-quality finishes throughout. Located near Routes 116, 143, and 245, and just minutes from Autoroute 55, the site delivers exceptional connectivity to Sherbrooke, Drummondville, and Montreal, as well as access to key services, schools, parks, and retail. With strong regional rental demand and limited supply in this segment, this asset offers reliable cash flow potential and long-term value anchored by quality construction and a favorable location.
Property Facts
| Price | $4,640,000 CAD | Building Class | B |
| Price Per Unit | $272,941 CAD | Lot Size | 0.58 AC |
| Sale Type | Investment | Building Size | 19,582 SF |
| No. Units | 17 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2023 |
| Property Subtype | Apartment |
| Price | $4,640,000 CAD |
| Price Per Unit | $272,941 CAD |
| Sale Type | Investment |
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.58 AC |
| Building Size | 19,582 SF |
| No. Stories | 3 |
| Year Built | 2023 |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
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365 Rue Adams E
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