278-282 Chaussé Rue - Apartments FOR SALE


Saint-jean-sur-richelieu, QC J3B 3P5- Montérégie Périphérique
$1,249,000 CAD
450-347-7766

NO PHOTO

$1,249,000 CAD
Apartments - FOR SALE
null | Request Cap Rate

278-282 Chaussé Rue
Saint-jean-sur-richelieu, QC J3B 3P5
Montérégie Périphérique


HIGHLIGHTS

  • Annual revenue potential of $79,440, with further upside for growth through adjustments over time.
  • Opportunity to purchase an adjoining building for expanded portfolio scale and increased cash flow.
  • Prime location near CEGEP and public transit offers strong appeal for tenants and keeps occupancy high.

OVERVIEW

This well-maintained 6-unit multi-family property offers investors a rare opportunity to secure cash flow in one of Saint-Jean-sur-Richelieu’s most promising rental markets. Built with solid brick construction, the building features six above-grade apartments configured as 4½ layouts. With gross annual revenues projected to reach $79,440 by July 2026, this asset combines strong returns with long-term stability, all in a sector recognized for exceptional occupancy rates. The property benefits from its proximity to major amenities, located just steps from the local CEGEP and public transit connections. Hardwood floors and well-preserved interiors reflect quality management and low maintenance requirements over time. Investors will appreciate the ability to acquire this building alongside an identical adjacent 6-Plex (Centris #25753995), adding scalability for a total of 12 units generating over $159,000 annually. Situated in a sought-after neighborhood with easy access to parks, schools, and daily conveniences, this asset aligns ideally with growing demand for quality rental housing in the Montérégie region. Low operating costs and a carefully selected tenant base enhance its long-term performance, making it an attractive addition to investment portfolios seeking stable, predictable income.

FOR SALE DETAILS

PRICE

$1,249,000 CAD

PRICE/SF

$208 CAD /SF

# OF UNITS

6

PRICE/UNIT

$208,167

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

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Alexandre DesrochersRoyal LePage ExcellenceMore Info
450-347-7766

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

Alexandre DesrochersRoyal LePage ExcellenceMore Info
450-347-7766

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