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Investment Highlights

  • Renovated multifamily asset with mixed-use income.
  • Reported gross annual revenue exceeds $70,000.
  • Four residential units plus one commercial space.
  • Commercial unit may offer future conversion potential.

Executive Summary

Located in the Saint-Sauveur sector of Québec City's La Cité-Limoilou borough, 510-518 Av. des Oblats offers investors the opportunity to acquire a renovated mixed-use income property with established cash flow and future flexibility. The building consists of four residential apartments and one commercial space, creating diversified income potential within a mature urban neighborhood.
The property has benefited from extensive renovations and ongoing maintenance over recent years, including substantial upgrades to both the residential units and the building itself. The residential component includes one 3½ unit, two 4½ units, and one 5½ unit, providing a range of accommodation options that appeal to different tenant profiles. The existing commercial space may offer future conversion potential to a residential unit, subject to municipal approvals and applicable regulations.
Situated within an established residential district, the property benefits from proximity to major transportation routes, public transit, educational institutions, parks, healthcare facilities, and everyday services. Its location within Québec City's urban core supports long-term tenant demand while providing convenient access to employment centers and neighborhood amenities.
As of July 1, 2026, the property is reported to generate more than $70,000 in gross annual revenue, offering investors an existing income stream combined with the benefits of a renovated asset. The combination of residential income, commercial flexibility, and a strategic urban location positions the property as an attractive acquisition opportunity within the Québec City multifamily market.

Property Facts

Price $1,100,000 CAD
Price Per Unit $275,000 CAD
Sale Type Investment
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Lot Size 0.06 AC
Building Size 2,387 SF
No. Stories 2
Year Built 1950
Exceptionally walkable
100/100
Fairly drivable
50/100
Good public transit
60/100
Moderately bikeable
70/100
  • Listing ID: 41907262

  • Date on Market: 2026-08-27

  • Last Updated:

  • Address: 510-518 Av Des Oblats, Québec, QC G1N 1V6

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