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10 Rue Yvan-Ménard 8 Unit Apartment Building $1,647,659 USD ($205,957 USD/Unit) 4.51% Cap Rate Saint-remi, QC J0L 2L0
INVESTMENT HIGHLIGHTS
- Modern eight-unit building built in 2017
- Private balconies, metal roof, premium construction quality
- 10,646 ft² area with sixteen parking spaces
- Strong investment metrics: GRM 17.94, cap rate 4.51%
EXECUTIVE SUMMARY
Presenting a modern and profitable 8-unit multiplex at 10 Rue Yvan-Ménard, Saint-Rémi, built in 2017 and meticulously maintained by its original owners. This property spans 10,646 ft² and includes 16 parking spaces, private balconies with glass railings, wall-mounted air conditioning, and electric heating at tenants’ expense. Featuring a metal roof and high-quality materials, it offers optimized soundproofing and minimal maintenance requirements. With a gross annual income of $128,220, a GRM of 17.94, and a cap rate of 4.51%, this asset delivers stable returns in a strong rental market. A rare opportunity for investors seeking a high-performing property in a growing area.
PROPERTY FACTS
| Price | $1,647,659 USD | Apartment Style | Mid-Rise |
| Price Per Unit | $205,957 USD | Building Class | C |
| Sale Type | Investment | Building Size | 10,646 SF |
| Cap Rate | 4.51% | No. Stories | 4 |
| No. Units | 8 | Year Built | 2017 |
| Property Type | Multifamily | Parking Ratio | 1.69/1,000 SF |
| Property Subtype | Apartment |
| Price | $1,647,659 USD |
| Price Per Unit | $205,957 USD |
| Sale Type | Investment |
| Cap Rate | 4.51% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Building Size | 10,646 SF |
| No. Stories | 4 |
| Year Built | 2017 |
| Parking Ratio | 1.69/1,000 SF |
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Walk Score®
Very Walkable (70)
Bike Score®
Very Bikeable (79)
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10 Rue Yvan-Ménard
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