1252-1274 Cecile Ave Multi-Family FOR SALE


Saint-cesaire, QC - Montérégie Périphérique
$3,809,000 CAD
514-360-0484

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$3,809,000 CAD
Multi-Family - FOR SALE
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1252-1274 Cecile Ave
Saint-cesaire, QC
Montérégie Périphérique


HIGHLIGHTS

  • Two six-unit rental buildings constructed in 2020 with modern construction standards
  • Condo-quality design with additional concrete layer enhancing acoustic performance
  • Combined annual gross revenue of $217,860 and pricing leverages below 17.5x income
  • 24 parking spaces and consistent building specifications streamline property management
  • Located near Route 112 and Autoroute 10, ensuring easy regional and urban access
  • Option to assume existing mortgages at favorable rates, subject to lender approval

OVERVIEW

This offering presents an exceptional investment opportunity in St-Césaire with two recently constructed six-unit rental buildings, both completed in 2020. The properties deliver strong financial performance, generating a combined gross annual income of $217,860 with an attractive asking price that reflects less than 17.5 times gross revenue. Built to condo-quality standards, these wood-frame buildings include enhanced soundproofing with a 1.5-inch concrete layer, ensuring long-term tenant satisfaction and reduced turnover. The portfolio includes 24 parking spaces and benefits from uniformity of design, simplifying management for the discerning investor. Positioned near Route 112 and Autoroute 10, the buildings offer superior connectivity to key employment markets while maintaining a quiet residential setting. Residents enjoy convenient access to shops, services, schools, parks and green spaces, enhancing rental stability and future value potential. Investors can also leverage the possibility of assuming existing financing with favorable terms—3.48% fixed until 2030—potentially reducing financing costs and providing advantageous cash flow from day one, subject to lender approval. Acquisition flexibility is available, with the option to purchase both buildings as a package or individually.

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.