1245 Boul D'iberville - Apartments FOR SALE


St-Jean, QC J2X 4B7- Montérégie Périphérique
$2,161,600 CAD
514-360-0484
1245 Boul D'iberville, St-Jean, QC for Sale
$2,161,600 CAD
Apartments - FOR SALE
1/1
null | Request Cap Rate

1245 Boul D'iberville
St-Jean, QC J2X 4B7
Montérégie Périphérique


HIGHLIGHTS

  • Recently built in 2019 with durable, condo-quality construction standards
  • Gross annual income of $123,552 with pricing under 17.5 times gross income
  • Mortgage assumption option offering favorable terms, subject to lender approval
  • Located in Iberville near major roads, parks, retail, and the Richelieu River
  • Available individually or as part of a portfolio including other recent multifamily assets
  • Strong regional accessibility ensuring tenant demand and operational efficiency

OVERVIEW

This six-unit multifamily property in the Iberville sector of St-Jean-sur-Richelieu offers investors a unique opportunity to acquire a modern rental building combining strong income, quality construction, and an advantageous financing structure. Built in 2019, the property boasts condo-quality design with wood-frame construction and enhanced soundproofing features, creating a durable asset that appeals to discerning tenants. The site includes multiple conveniences and efficient layouts that simplify ongoing management while reducing future capital expenditure. With a gross annual income of $123,552 and an asking price of less than 17.5 times revenue, this building delivers a strong position within the regional multifamily investment market. Additionally, qualified buyers can explore the potential assumption of an existing mortgage with attractive conditions. This financing feature may provide significant cost benefits compared to initiating new financing, further enhancing return on equity. The property is ideally positioned within Iberville, near the Richelieu River, with ready access to major routes, local shops, green spaces, and essential services. This location provides residential tranquility while ensuring connectivity to employment hubs and nearby communities, helping maintain consistent rental demand. The asset may be purchased individually or in combination with other buildings available from the same owner, allowing scalable portfolio growth opportunities.

FOR SALE DETAILS

PRICE

$2,161,600 CAD

PRICE/SF

$268 CAD /SF

# OF UNITS

6

PRICE/UNIT

$360,267

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2019

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,149 SF

ZONING

-

APN/PARCEL ID

6234171

ASK ABOUT THIS PROPERTY

Richard BoivinReMax Performance Inc.More Info
514-360-0484

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Richard BoivinReMax Performance Inc.More Info
514-360-0484

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