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Investment Highlights

  • Fully leased six-unit building generating annual revenues of $68,856 through June 2027.
  • Situated near schools, parks, retail centers, and public transportation for tenant convenience.
  • Consistent rental demand supported by the neighborhood’s residential stability and amenities.

Executive Summary

This fully leased six-unit property in Montréal’s highly regarded Mercier neighborhood represents a strong opportunity for investors focused on stabilized cash flow. All six 4½ units are rented under contracts extending to June 2027, delivering consistent revenue of $68,856 annually. The three-story building offers a common entrance and has undergone multiple renovations over the years, ensuring operational reliability and minimal near-term capital exposure.
The property benefits from excellent connectivity, located within minutes of the Honoré-Beaugrand metro station and major roadway access. Its placement near schools, parks, retail, and essential services fosters durable tenant demand, while nearby public transit enhances commuting convenience throughout the city. Utilities, including water, sewer, and electricity, are fully connected, and the building operates with electric baseboard heating. With proven income and solid tenancy in place, this asset offers predictable performance in a resilient rental market, making it an appealing addition to any income portfolio.

Property Facts

Price $1,300,000 CAD
Price Per Unit $216,667 CAD
Sale Type Investment
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Building Size 2,970 SF
Average Occupancy 100%
No. Stories 2
Year Built 1957
Moderately walkable
70/100
Moderately drivable
70/100
Strong public transit
80/100
Moderately bikeable
60/100
  • Listing ID: 40243702

  • Date on Market: 2026-04-22

  • Last Updated:

  • Address: 8570 Rue De Grosbois, Montréal, QC H1K 2G1

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