2523 Rue De Châteauguay - Apartments FOR SALE


Montréal, QC H3K 1L2
$749,000 CAD
514-439-7663

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$749,000 CAD
Apartments - FOR SALE
null | Request Cap Rate

2523 Rue De Châteauguay
Montréal, QC H3K 1L2


HIGHLIGHTS

  • Vacant property ready for renovation or redevelopment.
  • Potential conversion from duplex to triplex, subject to approvals.
  • Less than two minutes from Charlevoix Metro Station.
  • City construction permit reportedly obtained.
  • Large rear yard offers additional site flexibility.
  • Located in Montréal's established Pointe-Saint-Charles neighborhood.

OVERVIEW

2523Z Rue de Châteauguay presents a redevelopment opportunity in Montréal's Pointe-Saint-Charles neighborhood. Currently configured as a duplex and offered vacant, the property provides investors, developers, and renovation professionals with the ability to reposition the asset and potentially convert it into a triplex, subject to buyer verification and municipal approvals. A city construction permit has reportedly been obtained, creating a foundation for future redevelopment plans. The property sits on a 2,812-square-foot lot and benefits from a sizable rear yard, offering flexibility for site planning and outdoor space enhancements. With no existing tenants in place, a purchaser can immediately commence renovation or redevelopment activities without the complexities often associated with occupied multifamily assets. Its location in Pointe-Saint-Charles is a notable advantage. Situated less than two minutes from Charlevoix Metro Station, the property benefits from convenient access to downtown Montréal, major employment centers, neighborhood services, and public transportation. Pointe-Saint-Charles has experienced continued residential investment and revitalization, supported by its proximity to the Lachine Canal, Griffintown, and the city's urban core. The combination of transit accessibility, redevelopment potential, and vacant possession positions this asset as an opportunity for investors seeking to create additional residential value in an established Montréal neighborhood.

FOR SALE DETAILS

PRICE

$749,000 CAD

PRICE/SF

$375 CAD /SF

# OF UNITS

2

PRICE/UNIT

$374,500

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

2

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

CUSTOM-3550028

ASK ABOUT THIS PROPERTY

Mark-Andre MartelÉquipe Mark-André Martel - SuttonMore Info
514-439-7663

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Mark-Andre MartelÉquipe Mark-André Martel - SuttonMore Info
514-439-7663

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