1041 Rue Racine - Multi-Family FOR SALE


Farnham, QC J2N 0J2
$1,795,000 CAD
450-466-4000

NO PHOTO

$1,795,000 CAD
Multi-Family - FOR SALE
null | Request Cap Rate

1041 Rue Racine
Farnham, QC J2N 0J2


HIGHLIGHTS

  • Six-unit property with a mix of 4½ and 5½ apartments, offering contemporary and sought-after layouts.
  • Constructed in 2021 with durable materials and modern building systems, minimizing near-term maintenance costs.
  • Strategically positioned near schools, shops, eateries, parks, and trail networks for strong community appeal.
  • Located within a growing municipality showing significant population growth and sustained rental demand.

OVERVIEW

This six-unit multi-family property in Farnham presents an outstanding investment opportunity in a high-demand rental market. Built in 2021, the building combines modern construction with thoughtful design, offering practical, bright, and functional living spaces. The units consist of three 4½ and three 5½ layouts, catering to strong tenant demand for versatile and comfortable housing options. Strategically located near schools, retail centers, restaurants, parks, and cycling paths, the property provides residents with convenient access to essential services and recreational amenities. Public infrastructure such as municipal water and sewage adds operational efficiency. The building is fully electric, with additional features such as an EV charging station and a reliable heating and cooling system, reinforcing its appeal to eco-conscious tenants and reducing future retrofit costs. Farnham is a rapidly growing community within the Brome-Missisquoi region, known for its steady population increase and proximity to major transportation routes that connect efficiently to larger urban centers. With stable rental income and potential optimization opportunities, this is an ideal property to enhance an investment portfolio focused on secure, long-term performance in a thriving market segment.

FOR SALE DETAILS

PRICE

$1,795,000 CAD

PRICE/SF

$120 CAD /SF

# OF UNITS

6

PRICE/UNIT

$299,167

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2021

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Maryse BrassardReMax Performance Inc.More Info
450-466-4000

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Maryse BrassardReMax Performance Inc.More Info
450-466-4000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.