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5389 Rue Marquette 5 Unit Apartment Building $1,595,000 CAD ($319,000 CAD/Unit) Montréal, QC H2J 3Z4
Investment Highlights
- Fully leased 5-plex in Plateau-Mont-Royal featuring one 7½ unit and four 4½ units for a balanced mix.
- Located in a historically stable and high-demand rental submarket with strong occupancy levels and growth potential.
- Close to extensive public transit network and extensive bike-friendly infrastructure enhancing tenant convenience.
Executive Summary
This 5-plex investment property is located in the heart of the highly desirable Plateau-Mont-Royal neighborhood of Montréal. Positioned on picturesque Marquette Street and steps from Laurier Avenue, the building offers exceptional accessibility to local amenities, vibrant retail corridors, cultural attractions, and green spaces.
Configured with one large 7½ unit and four 4½ apartments, each unit is currently leased, providing immediate income stability in a market renowned for strong rental demand and low vacancy rates. The ground floor unit, approximately 1,250 sq. ft., includes access to a spacious backyard and parking, presenting attractive options for an owner-occupier or future renovation to increase long-term rental income.
The property’s brick exterior enhances durability, while municipal water and sewer services add operational ease. Tenants benefit from proximity to Parc Lafontaine, schools, medical facilities, extensive bike paths, and public transit options, ensuring continued historic demand for rental housing in this iconic neighborhood. This asset offers investors an opportunity to secure a well-located, income-generating building with strong fundamentals and upside potential through selective unit upgrades or configuration improvements.
Configured with one large 7½ unit and four 4½ apartments, each unit is currently leased, providing immediate income stability in a market renowned for strong rental demand and low vacancy rates. The ground floor unit, approximately 1,250 sq. ft., includes access to a spacious backyard and parking, presenting attractive options for an owner-occupier or future renovation to increase long-term rental income.
The property’s brick exterior enhances durability, while municipal water and sewer services add operational ease. Tenants benefit from proximity to Parc Lafontaine, schools, medical facilities, extensive bike paths, and public transit options, ensuring continued historic demand for rental housing in this iconic neighborhood. This asset offers investors an opportunity to secure a well-located, income-generating building with strong fundamentals and upside potential through selective unit upgrades or configuration improvements.
Property Facts
| Price | $1,595,000 CAD | Property Subtype | Apartment |
| Price Per Unit | $319,000 CAD | Building Size | 2,125 SF |
| Sale Type | Investment | No. Stories | 3 |
| No. Units | 5 | Year Built | 1924 |
| Property Type | Multifamily | ||
| Zoning | Residential/Commercial | ||
| Price | $1,595,000 CAD |
| Price Per Unit | $319,000 CAD |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Size | 2,125 SF |
| No. Stories | 3 |
| Year Built | 1924 |
| Zoning | Residential/Commercial |
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Exceptionally walkable
100/100
Fairly drivable
40/100
Strong public transit
80/100
Exceptionally bikeable
90/100
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5389 Rue Marquette
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