Multifamily Property for Sale near Montréal-Est

Montréal Multifamily for Sale - Est-de-l’Île

This 24-unit multi-family property presents a compelling value-add investment opportunity in the growing Pointe-aux-Trembles area of Montréal. Currently featuring 15 vacant units, the property offers an ideal platform for investors focused on repositioning and creating long-term value through renovations and operational enhancements. Its three-story structure is well-configured, facilitating strategic unit upgrades to achieve meaningful rent increases and capitalize on sustained rental demand in this evolving submarket. Located in a neighborhood benefiting from continued development, this asset combines accessibility with stability, positioned near key amenities such as highways, public transit, schools, parks, and essential services. An underground full basement with separate entrance, paved driveways, and integrated garages add to the building’s versatility. Constructed in 1968 on a substantial 11,107 sq ft lot, the property’s aluminum and brick exterior presents durability and potential for aesthetic improvements aligned with modern standards. With both electric and natural gas heating systems, municipal services, and proximity to educational, healthcare, and retail hubs, this investment delivers both functional advantages and upside potential. For investors seeking scale and the opportunity to drive NOI growth through active management, this property offers a unique blend of size, location, and redevelopment flexibility in an area supported by consistent rental demand.

Property Subtype:

Apartment

Date on Market:

2026-05-01

Montréal-Est Multifamily for Sale - Est-de-l’Île

Property Subtype:

Apartment

Date on Market:

2025-06-03