12065 Rue De Montigny - Apartments FOR SALE


Montréal, QC H1B 1P4
$4,850,000 CAD
450-542-1760
12065 Rue De Montigny, Montréal, QC for Sale
$4,850,000 CAD
Apartments - FOR SALE
1/1
null | Request Cap Rate

12065 Rue De Montigny
Montréal, QC H1B 1P4


HIGHLIGHTS

  • 24-unit multi-family building with 15 vacant units primed for value-add repositioning.
  • Located in the Rivière-des-Prairies / Pointe-aux-Trembles neighborhood with strong rental demand.
  • Building features include aluminum and PVC windows, paved driveway, and brick exterior.
  • Positioned in a growing district, offering long-term rental stability and appreciation upside.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$4,850,000 CAD

PRICE/SF

$299 CAD /SF

# OF UNITS

22

PRICE/UNIT

$220,455

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1968

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

253

APN/PARCEL ID

1093163

ASK ABOUT THIS PROPERTY

Alexandre St-PierreRE/MAX ÉvolutionMore Info
450-542-1760

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Alexandre St-PierreRE/MAX ÉvolutionMore Info
450-542-1760

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