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80 Pl Mercier 32 Unit Apartment Building Offered at $6,950,000 CAD Candiac, QC J5R 4W2
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.
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 | Property Type | Multifamily |
| Price Per Unit | $217,188 CAD | Building Size | 40,000 SF |
| Sale Type | Investment | No. Stories | 3 |
| No. Units | 32 | Year Built/Renovated | 1987/2022 |
| Zoning | Residential/Commercial | ||
| 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
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
70/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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80 Pl Mercier
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