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Investment Highlights
- First time offered for sale since 1992
- Tar-and-gravel roof replaced in 2013
- Vacant 6½ apartment available for occupancy or lease-up
- Owned and maintained by the same family for over 30 years
- Windows and patio doors have been updated
- Opportunity to increase income through unit turnover and rent optimization
Executive Summary
Offered for the first time since 1992, this five-unit multifamily property in the heart of Villeray has benefited from exceptional stewardship and continuous ownership by the same family for more than three decades. The building reflects a strong commitment to maintenance and long-term care, featuring hardwood flooring throughout the residential units and numerous capital improvements completed over the years, including replacement of the windows and patio doors. The tar-and-gravel roof was replaced in 2013 by R. Gauthier Couvreur.
A key feature of the offering is the spacious vacant 6½ apartment, presenting an immediate opportunity for either an owner-occupant or an investor seeking to lease the unit at current market rents. The apartment includes a semi-finished basement with a concrete floor, providing valuable additional space for storage or other practical uses.
The property's existing rental income, combined with the opportunity to reposition vacant or soon-to-be-vacant units, creates meaningful upside potential for future revenue growth. Located within one of Montréal's most sought-after rental neighborhoods, this asset offers investors the opportunity to acquire a well-maintained multifamily property with long-term value enhancement potential.
A key feature of the offering is the spacious vacant 6½ apartment, presenting an immediate opportunity for either an owner-occupant or an investor seeking to lease the unit at current market rents. The apartment includes a semi-finished basement with a concrete floor, providing valuable additional space for storage or other practical uses.
The property's existing rental income, combined with the opportunity to reposition vacant or soon-to-be-vacant units, creates meaningful upside potential for future revenue growth. Located within one of Montréal's most sought-after rental neighborhoods, this asset offers investors the opportunity to acquire a well-maintained multifamily property with long-term value enhancement potential.
Property Facts
| Price | $1,495,000 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $299,000 CAD | Building Class | C |
| Sale Type | Investment | Building Size | 4,425 SF |
| No. Units | 5 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1926 |
| Property Subtype | Apartment | ||
| Zoning | H02-085 | ||
| Price | $1,495,000 CAD |
| Price Per Unit | $299,000 CAD |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Building Size | 4,425 SF |
| No. Stories | 3 |
| Year Built | 1926 |
| Zoning | H02-085 |
Amenities
Unit Amenities
- Balcony
- Eat-in Kitchen
- Kitchen
- Double Pane Windows
Site Amenities
- Controlled Access
- Security System
- Awning
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | - | - |
1 1
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100
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7814 Rue Berri
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