488 Boul Adolphe-Chapleau - Apartments FOR SALE


Bois-des-filion, QC J6Z 1J9
$1,795,000 CAD
514-947-1726

NO PHOTO

$1,795,000 CAD
Apartments - FOR SALE
null | Request Cap Rate

488 Boul Adolphe-Chapleau
Bois-des-filion, QC J6Z 1J9


HIGHLIGHTS

  • Detached 8plex generating over $107,000 in annual rental income with established occupancy.
  • Recent roof replacement in 2022 enhances durability and reduces maintenance risk.
  • Features ten outdoor parking spaces for resident convenience.

OVERVIEW

This investment opportunity features a detached 8plex situated in Bois-des-Filion, a desirable community within the Greater Montreal area. The property consists of eight 4½ units generating an impressive annual income of $107,340, supported by a stable tenant base and well-maintained condition. Built in 1987 with brick and wood construction, the building benefits from a recent roof replacement completed in 2022, minimizing near-term capital expenditures. Each unit is equipped with electric heating systems, and tenants cover heating and hot water costs, reducing operational overhead for ownership. The asset includes ten outdoor parking spaces, adding significant convenience for residents. Located near key amenities, shopping, and major road connections, this property combines ease of access with neighborhood functionality. Offering steady cash flow and upside potential, this 8-unit property presents an appealing acquisition for investors seeking strong returns and long-term value in a market with consistent rental demand.

FOR SALE DETAILS

PRICE

$1,795,000 CAD

PRICE/SF

$206 CAD /SF

# OF UNITS

8

PRICE/UNIT

$224,375

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

1987

PARKING SPACES

10

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Peter KaperonisLes Immeubles Kronos Inc.More Info
514-947-1726

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Peter KaperonisLes Immeubles Kronos Inc.More Info
514-947-1726

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