438-817-4074
5617-5631 Rue Sherbrooke O, Montréal, QC for Sale
Apartments - FOR SALE
1/4
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5617-5631 Rue Sherbrooke O
Montréal, QC H4A 1W4


OVERVIEW

Avison Young (the “Advisor”) is pleased to offer for sale a 100% freehold interest in 5617-5631 Sherbrooke Street West, a collection of four semi-commercial properties totaling 15 residential units and four commercial units, located at the corner of Sherbrooke Street West and Oxford Street, in the neighbourhood of Notre-Dame-de-Grâce (“NDG”), Montréal (the “Property,” or “5617-5631 Sherbrooke West”). 5617-5631 Sherbrooke West comprises four distinct properties, allocated adjacent to the scenic Notre-Dame-de-Grâce Park. The Property offers 15 residential units, averaging below-market rents with substantial potential for rental increase, and four commercial units. The Property offers investors six vacant and fully stripped units for immediate lease-up and an approved conversion opportunity. Two units can be reconfigured into four, with permits already secured, allowing for a streamlined value-add strategy and enhanced rental income potential. The Property represents a rare investment opportunity in one of Montréal’s most coveted residential neighbourhoods, boasting significant value-add potential and proximity to the city’s downtown core, all services, and key transit routes.

FOR SALE DETAILS

PRICE

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# OF UNITS

15

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

1923

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,512 SF

ZONING

-

APN/PARCEL ID

2607261

ASK ABOUT THIS PROPERTY

Mark SinnettAvison YoungMore Info
438-817-4074

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Mark SinnettAvison YoungMore Info
438-817-4074

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