12434 Av Allard - Multi-Family FOR SALE


Montréal, QC H1G 6B4- Montréal-Nord
$1,789,000 CAD

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$1,789,000 CAD
Multi-Family - FOR SALE
null | Request Cap Rate

12434 Av Allard
Montréal, QC H1G 6B4
Montréal-Nord


HIGHLIGHTS

  • Strategic location near schools, parks, hospitals, and high-frequency public transit.
  • Recent upgrades include roof membrane (2020) and window replacements (2012).
  • Strong rental demand in a mature residential community with close access to major transportation routes.

OVERVIEW

12434 Avenue Allard presents a compelling multifamily investment opportunity in the well-established Montréal-Nord neighborhood. This fully leased, income-generating eight-unit property features spacious 4½ apartments, ensuring stable rental revenue from day one. The building includes six outdoor parking spaces and has been diligently maintained, offering investors peace of mind with manageable operational requirements. With a gross potential income of approximately $95,880 annually, the property is positioned for both secure cash flow and long-term appreciation. Key structural enhancements, including updated window systems (2012) and a new elastomeric roof membrane (2020), further strengthen its investment viability. Constructed with durable brick façades and featuring a basement with 6-foot-plus clearance, the property reflects long-term durability and functionality. The site’s advantageous position provides exceptional accessibility to essential amenities and services. Residents benefit from proximity to primary and secondary schools, daycare centers, parks, public transportation lines, commuter train services, healthcare facilities, and major highways. This combination of local conveniences and easy regional connectivity contributes to sustained rental demand in this high-density urban sector.

FOR SALE DETAILS

PRICE

$1,789,000 CAD

PRICE/SF

$312 CAD /SF

# OF UNITS

8

PRICE/UNIT

$223,625

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1974

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Residential/Commercial

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Tino SpatolisanoRE/MAX SolutionsMore Info

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Tino SpatolisanoRE/MAX SolutionsMore Info

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