6955 Av Wiseman - Apartments FOR SALE


Montréal, QC H3N 2N1
$1,990,000 CAD
514-552-1655

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$1,990,000 CAD
Apartments - FOR SALE
null | Request Cap Rate

6955 Av Wiseman
Montréal, QC H3N 2N1


HIGHLIGHTS

  • Eight residential units provide diversified rental income.
  • Walk Score of 98 supports highly walkable urban living.
  • Located near metro, commuter rail, and public transit.
  • Close to hospitals, universities, schools, and daycare facilities.

OVERVIEW

6955 Avenue Wiseman presents the opportunity to acquire an eight-unit multifamily asset in Montréal's Villeray–Saint-Michel–Parc-Extension borough. Constructed in 1968, the property consists entirely of residential units with a balanced mix of four 3½ apartments and four 4½ apartments, providing diversified rental accommodation within one of Montréal's established urban neighborhoods. The property benefits from a highly walkable location with a Walk Score of 98 and convenient access to daily services, educational institutions, healthcare facilities, and public transportation infrastructure. The surrounding area includes nearby metro service, commuter rail connections, bicycle routes, parks, daycare facilities, elementary and secondary schools, CEGEP campuses, hospitals, and universities. This broad range of amenities supports long-term residential demand and enhances accessibility for tenants throughout the Montréal metropolitan area. From an investment perspective, the asset offers income-producing characteristics supported by eight residential units and a reported potential gross revenue of $105,840. The property's location within a densely populated Montréal neighborhood places it near a substantial residential base and established commercial services, contributing to the area's continued appeal for renters seeking transit-oriented urban living. According to the 2026 municipal assessment, the property carries a total assessed value of $1,440,400, consisting of $463,700 attributed to land and $976,700 attributed to improvements. The combination of existing income, a proven multifamily configuration, and access to Montréal's extensive transportation and institutional network positions the property as a compelling acquisition opportunity for investors seeking residential rental housing in one of Canada's largest urban markets.

FOR SALE DETAILS

PRICE

$1,990,000 CAD

PRICE/SF

$332 CAD /SF

# OF UNITS

8

PRICE/UNIT

$248,750

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

1968

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Priscilla PengWeStar Agence ImmobilièreMore Info
514-552-1655

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Priscilla PengWeStar Agence ImmobilièreMore Info
514-552-1655

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