5389 Rue Marquette - Apartments FOR SALE


Montréal, QC H2J 3Z4
$1,595,000 CAD
514-637-9755

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$1,595,000 CAD
Apartments - FOR SALE
null | Request Cap Rate

5389 Rue Marquette
Montréal, QC H2J 3Z4


HIGHLIGHTS

  • Fully leased 5-plex in Plateau-Mont-Royal featuring one 7½ unit and four 4½ units for a balanced mix.
  • Close to extensive public transit network and extensive bike-friendly infrastructure enhancing tenant convenience.
  • Located in a historically stable and high-demand rental submarket with strong occupancy levels and growth potential.

OVERVIEW

This 5-plex investment property is located in the heart of the highly desirable Plateau-Mont-Royal neighborhood of Montréal. Positioned on picturesque Marquette Street and steps from Laurier Avenue, the building offers exceptional accessibility to local amenities, vibrant retail corridors, cultural attractions, and green spaces. Configured with one large 7½ unit and four 4½ apartments, each unit is currently leased, providing immediate income stability in a market renowned for strong rental demand and low vacancy rates. The ground floor unit, approximately 1,250 sq. ft., includes access to a spacious backyard and parking, presenting attractive options for an owner-occupier or future renovation to increase long-term rental income. The property’s brick exterior enhances durability, while municipal water and sewer services add operational ease. Tenants benefit from proximity to Parc Lafontaine, schools, medical facilities, extensive bike paths, and public transit options, ensuring continued historic demand for rental housing in this iconic neighborhood. This asset offers investors an opportunity to secure a well-located, income-generating building with strong fundamentals and upside potential through selective unit upgrades or configuration improvements.

FOR SALE DETAILS

PRICE

$1,595,000 CAD

PRICE/SF

$751 CAD /SF

# OF UNITS

5

PRICE/UNIT

$319,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1924

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Residential/Commercial

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

François MackayGroupe MackayMore Info
514-637-9755

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François MackayGroupe MackayMore Info
514-637-9755

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