2525 St Rachel E - Apartments FOR SALE


Montréal, QC H2H 1S2
$6,095,000 CAD
514-683-6666
2525 St Rachel E, Montréal, QC for Sale
$6,095,000 CAD
Apartments - FOR SALE
1/27
null | 4.28% Cap Rate

2525 St Rachel E
Montréal, QC H2H 1S2


HIGHLIGHTS

  • - Newly built 2023 property in Plateau-Mont-Royal
  • - Prime location 950 meters from Frontenac metro station
  • - High-end condo-quality finishes
  • - Reputable builder with multiple completed projects in the area
  • - Assumable CMHC APH Select favorable financing (100 points)
  • - Possibility to acquire with a 10% down payment

OVERVIEW

*** 10% DOWN PAYMENT REQUIRED. *** Recently built 16-unit rental property in the heart of Plateau-Mont-Royal, constructed in 2023 and ideally located near Frontenac metro and Shops Angus. This high-end property offers condo-quality units with a shared rooftop terrace. Strategically positioned in a high-demand rental area, it represents a turnkey investment opportunity with assumable CMHC-MLI Select financing. Ideal for an investor seeking a recent asset with long-term appreciation potential. LOCATION Close to: Parks: Baldwin, La Fontaine Shops & services: Shops Angus, Ontario Street East, Promenade Masson Transit: Frontenac metro (~950 m) Hospital: Notre-Dame Schools: UQAM, McGill, Concordia BUILDING Residential : 3 x 1½, 5 x 3½, 7 x 4½, 1 x 5½ | Total : 16 units Construction: 2023 with high-end finishes Heating: Electric paid by tenants | Wall-mounted heat pumps and air exchangers in all units Hot water: Central electric hot water paid by owner 5 appliances included in each unit Shared rooftop terrace Bike storage in basement Elevator platform for wheelchair access (to the first floor) ADVANTAGEOUS FINANCING TO BE ASSUMED National Bank CMHC MLI Select 100 points energy efficiency : Balance: 5,420,000$ | Rate: 4.05% | Amortization: 50 years | Maturity: December 2028 (3 years remaining) HIGHLIGHTS Recent construction (low maintenance) Prime central location High-end rental product Attractive in-place financing Turnkey investment with strong appreciation potential

FOR SALE DETAILS

PRICE

$6,095,000 CAD

PRICE/SF

$485 CAD /SF

# OF UNITS

16

PRICE/UNIT

$380,938

CAP RATE

4.28%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2023

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Marc-André KnotImmeubles GloriaMore Info
514-683-6666

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Marc-André KnotImmeubles GloriaMore Info
514-683-6666

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