586 Rue Labelle - Apartments FOR SALE


Saint-jerome, QC J7Z 5L5- La Rivière-du-Nord
$4,169,000 CAD
833-730-0817
586 Rue Labelle, Saint-jerome, QC for Sale
$4,169,000 CAD
Apartments - FOR SALE
1/11
null | 4.88% Cap Rate

586 Rue Labelle
Saint-jerome, QC J7Z 5L5
La Rivière-du-Nord


HIGHLIGHTS

  • 572 Rue Labelle is a two-building turnkey 10-plex waterfront multifamily, featuring spacious 4.5 units with high-end finishes and contemporary design.
  • Fully leased and generateing $252,000 in annual revenue, this low-maintenance asset offers stability, quality tenants, and long-term income growth.
  • Steps from the waterfront and minutes from Carrefour du Nord and SmartCentres, with top retailers, dining, entertainment, and essential services.
  • Strategically located near Highway 15 and the Saint-Jérôme intermodal station, offering seamless access to Greater Montreal and strong tenant demand.

OVERVIEW

572 Rue Labelle presents a turnkey 10-plex waterfront multifamily property built in 2021 in Saint-Jerome, Quebec. Comprising two contemporary buildings, each one offers exclusively spacious 4.5-unit layouts, the property delivers a modern living experience. Every residence features high-end finishes, engineered wood flooring, modern kitchens with quartz countertops and sleek tile backsplashes, plus in-unit fireplaces and wall-mounted air conditioning. With ample private parking, individual electric meters, and washer/dryer outlets in each unit, 572 Rue Labelle is designed for long-term ease of management. Generating $252,000 in annual gross revenue and fully leased to quality tenants, this property stands as a stable, low-maintenance investment in one of the region’s most desirable rental markets. Nestled on a quiet residential street with direct access to scenic walking paths, the 10-plex multifamily is just steps from the waterfront. Only 3 kilometres from Carrefour du Nord and SmartCentres, offering easy access to major retailers such as Winners, L’Équipeur, Walmart Supercenter, The Home Depot, and Centre Hi-Fi, along with nearby entertainment options like Le Cinéma Neuf. 572 Rue Labelle’s strategic location along a major thoroughfare and near Highway 15 and public transit, including the Saint-Jérôme intermodal station, offers excellent connectivity to Greater Montreal. Proximity to shopping, schools, and healthcare facilities makes this address highly attractive for tenants. Located within the thriving North Shore region of Greater Montreal, Saint-Jérôme has experienced an 8% population increase over the past decade, signaling sustained housing demand. With modern construction, strong financial performance, and prime positioning in a growing urban hub, 572 Rue Labelle represents a standout opportunity for investors seeking a secure and income-producing asset.

FOR SALE DETAILS

PRICE

$4,169,000 CAD

PRICE/SF

$417 CAD /SF

# OF UNITS

10

PRICE/UNIT

$416,900

CAP RATE

4.88%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

572-586 Rue Labelle

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2021

PARKING SPACES

5

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Residential

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Anthony PaceGroupe PaceMore Info
833-730-0817

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Anthony PaceGroupe PaceMore Info
833-730-0817

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