12434 Av Allard 8 Unit Apartment Building Offered at $1,273,038 USD Montréal, QC H1G 6B4

12434 Avenue Allard presents a compelling multifamily investment opportunity in the well-established Montréal-Nord neighborhood. This fully leased, income-generating eight-unit property features spacious 4½ apartments, ensuring stable rental revenue from day one. The building includes six outdoor parking spaces and has been diligently maintained, offering investors peace of mind with manageable operational requirements.
With a gross potential income of approximately $95,880 annually, the property is positioned for both secure cash flow and long-term appreciation. Key structural enhancements, including updated window systems (2012) and a new elastomeric roof membrane (2020), further strengthen its investment viability. Constructed with durable brick façades and featuring a basement with 6-foot-plus clearance, the property reflects long-term durability and functionality.
The site’s advantageous position provides exceptional accessibility to essential amenities and services. Residents benefit from proximity to primary and secondary schools, daycare centers, parks, public transportation lines, commuter train services, healthcare facilities, and major highways. This combination of local conveniences and easy regional connectivity contributes to sustained rental demand in this high-density urban sector.