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5640 Rue De Salaberry 31 Unit Apartment Building $6,200,000 CAD ($200,000 CAD/Unit) Montréal, QC H4J 1J7
Investment Highlights
- Fully occupied 31-unit building generating stable rental income.
- Mix of unit types, including 2½, 3½, and 4½ layouts, appealing to diverse renter profiles.
- Supported by municipal water and sewer services, ensuring reliable infrastructure.
- Located in Ahuntsic-Cartierville, a well-established Montréal neighborhood with strong tenant demand.
- Proximity to public transit, schools, parks, and shopping amenities enhances tenant convenience.
- Potential gross revenue of approximately $300,660 annually, offering immediate cash flow.
Executive Summary
This fully occupied 31-unit residential property offers a rare opportunity for investors seeking stable income and long-term appreciation in Montréal’s Ahuntsic-Cartierville neighborhood. The building features a mix of well-maintained units, ensuring consistent cash flow from day one. Located in a vibrant, established community, the property benefits from proximity to essential amenities, including public transit, schools, parks, and shopping centers, making it highly attractive to tenants.
The semi-detached structure spans three stories and sits on a 7,875 sq. ft. lot, supported by municipal water and sewer services. With a strong rental history and a potential gross revenue of approximately $300,660 annually, this asset provides both immediate returns and future upside. The neighborhood’s connectivity to major roadways and public transportation enhances accessibility, while ongoing urban development in Montréal continues to drive demand for quality rental housing.
This investment is well-suited for buyers seeking a turnkey, income-generating property in a market known for its resilience and growth potential.
The semi-detached structure spans three stories and sits on a 7,875 sq. ft. lot, supported by municipal water and sewer services. With a strong rental history and a potential gross revenue of approximately $300,660 annually, this asset provides both immediate returns and future upside. The neighborhood’s connectivity to major roadways and public transportation enhances accessibility, while ongoing urban development in Montréal continues to drive demand for quality rental housing.
This investment is well-suited for buyers seeking a turnkey, income-generating property in a market known for its resilience and growth potential.
Property Facts
| Price | $6,200,000 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $200,000 CAD | Building Class | B |
| Sale Type | Investment | Building Size | 15,078 SF |
| No. Units | 31 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1968 |
| Property Subtype | Apartment |
| Price | $6,200,000 CAD |
| Price Per Unit | $200,000 CAD |
| Sale Type | Investment |
| No. Units | 31 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Building Size | 15,078 SF |
| No. Stories | 3 |
| Year Built | 1968 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- Controlled Access
- Security System
- Renters Insurance Program
- Public Transportation
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 7 | - | 400 - 500 |
| 1+1 | 5 | - | 600 - 750 |
| 2+1 | 4 | - | 800 - 950 |
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Walk Score®
Very Walkable (84)
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Videos
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Photos
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Presented by
Groupe Lamarre eXp
5640 Rue De Salaberry
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