1085 St Berri 23 Unit Apartment Building $2,917,526 USD ($126,849 USD/Unit) Montréal, QC H2L 4C5

This well-positioned 23-unit multifamily opportunity in Montréal’s Ville-Marie district provides investors with strong fundamentals and future growth potential. The property benefits from an excellent borrowing structure: a CMHC-backed loan with highly favorable terms—3.70% interest rate, 40-year amortization, and a 5-year 3-month term maturing in June 2031—which must be assumed by the buyer. Monthly principal and interest payments are approximately $13,732, with an additional $1,523 tax escrow requirement.
Ten of the units are under the CMHC MLI Select Affordability Program, underscoring the building’s compliance with affordability-focused housing initiatives. Located in an area experiencing a projected population growth of 1.6% over the next five years and supported by an average household income of $93,401, the property captures strong rental demand dynamics. Essential service agreements with Coinamatic (exp. 2034) and Videotron (exp. 2027) transfer with the sale, ensuring continuity for tenants.
The sale is offered without legal warranty of quality at the buyer’s risk. All offers must accommodate Montréal’s 60-day right of first refusal. Investors are advised to account for lender-imposed allowances and operating assumptions when modeling returns. On-site visits are permitted following acceptance of a promise to purchase.