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1176 Rue D'argenson 8 Unit Apartment Building $1,212,662 USD ($151,583 USD/Unit) 4.21% Cap Rate Montréal, QC H3K 3A8
Investment Highlights
- Charlevoix Metro Station (Green Line) is located just around the corner, only 2 stops from downtown
- Quick access to Highways 15 and 20, as well as Victoria and Champlain Bridges.
Executive Summary
Rare investment opportunity in Pointe-Saint-Charles! This 8-unit building offers excellent growth potential, with a gross income of approximately $93,500/year and low operating expenses (approximately $22,000/year). Strategically located just steps from Charlevoix Metro, the Lachine Canal, Atwater Market, and Notre-Dame Street, this is an ideal asset for an investor seeking a property with strong potential in a rapidly evolving area.
Property Facts
| Price | $1,212,662 USD | Apartment Style | Low-Rise |
| Price Per Unit | $151,583 USD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.09 AC |
| Cap Rate | 4.21% | Building Size | 5,048 SF |
| No. Units | 8 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment | ||
| Zoning | H.2-4 | ||
| Price | $1,212,662 USD |
| Price Per Unit | $151,583 USD |
| Sale Type | Investment |
| Cap Rate | 4.21% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 5,048 SF |
| No. Stories | 3 |
| Year Built | 1900 |
| Zoning | H.2-4 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
1 1
Very walkable
80/100
Moderately drivable
70/100
Exceptional public transit
90/100
Very bikeable
80/100
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1176 Rue D'argenson
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