8570 Rue De Grosbois - Apartments FOR SALE


Montréal, QC H1K 2G1
$1,300,000 CAD
514-910-9376

NO PHOTO

$1,300,000 CAD
Apartments - FOR SALE
null | Request Cap Rate

8570 Rue De Grosbois
Montréal, QC H1K 2G1


HIGHLIGHTS

  • Fully leased six-unit building generating annual revenues of $68,856 through June 2027.
  • Consistent rental demand supported by the neighborhood’s residential stability and amenities.
  • Situated near schools, parks, retail centers, and public transportation for tenant convenience.

OVERVIEW

This fully leased six-unit property in Montréal’s highly regarded Mercier neighborhood represents a strong opportunity for investors focused on stabilized cash flow. All six 4½ units are rented under contracts extending to June 2027, delivering consistent revenue of $68,856 annually. The three-story building offers a common entrance and has undergone multiple renovations over the years, ensuring operational reliability and minimal near-term capital exposure. The property benefits from excellent connectivity, located within minutes of the Honoré-Beaugrand metro station and major roadway access. Its placement near schools, parks, retail, and essential services fosters durable tenant demand, while nearby public transit enhances commuting convenience throughout the city. Utilities, including water, sewer, and electricity, are fully connected, and the building operates with electric baseboard heating. With proven income and solid tenancy in place, this asset offers predictable performance in a resilient rental market, making it an appealing addition to any income portfolio.

FOR SALE DETAILS

PRICE

$1,300,000 CAD

PRICE/SF

$438 CAD /SF

# OF UNITS

6

PRICE/UNIT

$216,667

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Sylvain DupréRoyal LePage Real Estate Services Ltd; BrokerageMore Info
514-910-9376

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Sylvain DupréRoyal LePage Real Estate Services Ltd; BrokerageMore Info
514-910-9376

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