83 Rue Rachel E - Apartments CONDO FOR SALE


Montréal, QC H2W 1C7
$1,695,000 CAD
514-271-9895
83 Rue Rachel E, Montréal, QC for Sale
$1,695,000 CAD
Apartments CONDO - FOR SALE
1/7
null | Request Cap Rate

83 Rue Rachel E
Montréal, QC H2W 1C7


HIGHLIGHTS

  • Corner commercial unit with prominent street exposure.
  • Five-year lease commencing December 5, 2025.
  • Walking distance to Mont-Royal Metro Station.
  • Located near Saint-Laurent Boulevard, Mont-Royal Avenue, and Saint-Denis Street.

OVERVIEW

Located in the heart of Montréal's Plateau-Mont-Royal district, 83 Rue Rachel Est presents an investment opportunity featuring a fully leased commercial condominium occupied by an established dental practice. The corner unit benefits from strong street presence along Rue Rachel Est and is positioned within one of Montréal's most active mixed-use neighborhoods, surrounded by a dense concentration of residential buildings, retail services, restaurants, and professional offices. The property encompasses approximately 3,200 square feet and is supported by a long-term tenancy that provides stable income. A five-year lease commencing December 5, 2025, contributes predictable cash flow, while the inclusion of two parking spaces provides additional revenue potential. The location offers convenient access to major commercial corridors including Saint-Laurent Boulevard, Avenue du Mont-Royal, and Rue Saint-Denis, placing the asset within walking distance of a broad range of amenities and transit options. Situated approximately ten minutes from Mont-Royal Metro Station, the property benefits from excellent accessibility for employees, clients, and visitors. The surrounding Plateau-Mont-Royal neighborhood remains one of Montréal's most recognized urban districts, characterized by continuous pedestrian activity, established businesses, and a strong local customer base. Combined with the property's corner positioning, existing tenancy, and central location, the asset offers investors a well-located commercial holding within a mature Montréal market.

FOR SALE DETAILS

PRICE

$1,695,000 CAD

PRICE/SF

$514 CAD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

193,333 SF

STORIES

7

BUILDING CLASS

B

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

0.74 AC

LAND SF

32,332 SF

ZONING

C.2/H

APN/PARCEL ID

3376919,3376973

ASK ABOUT THIS PROPERTY

Georges BardagiRemax du Cartier G.B.More Info
514-271-9895

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Georges BardagiRemax du Cartier G.B.More Info
514-271-9895

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