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Investment Highlights

  • Prime location in Candiac near parks, schools, highways, and public transit for enhanced tenant convenience.
  • Professionally managed and maintained with strong structural integrity and reliable systems.
  • Potential revenue upside through rent adjustments and amenity enhancements.

Executive Summary

An exceptional opportunity to acquire a well-maintained 32-unit multifamily property in the desirable community of Candiac. This asset provides stable income with upside potential through rent optimization. It is nestled in a peaceful neighborhood and backs onto the scenic Rivière à la Tortue, offering a tranquil living environment for tenants. The property consists of 16 units of 4 ½, 14 units of 3 ½, and 2 units of 2 ½ layouts—many featuring in-unit washer and dryer connections and on-site laundry facilities for remaining apartments.
Recent improvements include a new roof installed in 2022 and balcony upgrades over the years, ensuring durability and reduced future capital expenditures. Supported by municipal water and sewage systems, the structure features a poured concrete foundation and aluminum siding with brick accents. Parking accommodates 38 vehicles, enhancing convenience for residents. Candiac’s strategic location just 15 kilometers south of Montreal makes it highly accessible via major roadways, while local amenities such as parks, schools, highway connectivity, and public transit enrich its appeal. This professionally managed property combines strong income generation with long-term security, presenting an ideal option for investors seeking stability and growth.

Property Facts

Price $6,950,000 CAD
Price Per Unit $217,188 CAD
Sale Type Investment
No. Units 32
Property Type Multifamily
Building Size 40,000 SF
No. Stories 3
Year Built/Renovated 1987/2022
Zoning Residential/Commercial

Amenities

Unit Amenities

  • Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
70/100
  • Listing ID: 41111689

  • Date on Market: 2026-06-30

  • Last Updated:

  • Address: 80 Pl Mercier, Candiac, QC J5R 4W2

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