1252 Cécile Av - Apartments FOR SALE


Saint-cesaire, QC J0L 1T0- Montérégie Périphérique
$1,897,000 CAD
514-360-0484

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$1,897,000 CAD
Apartments - FOR SALE
null | Request Cap Rate

1252 Cécile Av
Saint-cesaire, QC J0L 1T0
Montérégie Périphérique


HIGHLIGHTS

  • Modern six-unit building constructed in 2020 with condo-level finishes and superior soundproofing
  • Strong income profile with gross revenue of $108,492 and pricing below 17.5x gross income
  • Mortgage assumption opportunity with favorable financing terms, subject to lender approval
  • Twelve on-site parking spaces providing tenant convenience
  • Well-situated near Autoroute 10, Route 112, schools, shops, services, and green spaces
  • Available individually or as part of a broader portfolio of recent rental properties

OVERVIEW

This recently constructed six-unit rental building in St-Césaire delivers a compelling opportunity for multifamily investors seeking stability and income growth. Built in 2020 with condo-quality standards, the property features enhanced soundproofing through a wood-frame structure and added concrete layer, ensuring long-term durability and tenant satisfaction. Offering 12 parking spaces, the building combines modern construction with efficient design for ease of management and strong tenant appeal. The investment outlook is underscored by an attractive price-to-income ratio, representing less than 17.5 times the annual gross income of $108,492. For qualified buyers, there is also potential to assume the existing Desjardins mortgage at a competitive 3.48% interest rate, with favorable remaining term and amortization. This option may reduce financing friction and support immediate cash flow performance. Strategically located in a quiet residential setting with quick access to Route 112 and Autoroute 10, the property benefits from proximity to everyday conveniences including retail, schools, green spaces, and services. This location ensures excellent regional connectivity while preserving a balanced lifestyle setting for tenants, adding to the property’s long-term rental stability and overall investment strength.

FOR SALE DETAILS

PRICE

$1,897,000 CAD

PRICE/SF

$187 CAD /SF

# OF UNITS

6

PRICE/UNIT

$316,167

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

2020

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,271 SF

ZONING

-

APN/PARCEL ID

6358925

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.