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8570 Rue De Grosbois 6 Unit Apartment Building $1,300,000 CAD ($216,667 CAD/Unit) Montréal, QC H1K 2G1
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.
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 | Property Subtype | Apartment |
| Price Per Unit | $216,667 CAD | Building Size | 2,970 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1957 |
| 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 |
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Moderately walkable
70/100
Moderately drivable
70/100
Strong public transit
80/100
Moderately bikeable
60/100
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8570 Rue De Grosbois
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