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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.

Property Facts

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 - -
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100
  • Listing ID: 41494563

  • Date on Market: 2026-07-30

  • Last Updated:

  • Address: 7814 Rue Berri, Montréal, QC H2R 2G9

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