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1252-1274 Cecile Ave 2 Multifamily Properties Offered at $2,710,453 in Saint-cesaire, QC
Investment Highlights
- Two six-unit rental buildings constructed in 2020 with modern construction standards
- Combined annual gross revenue of $217,860 and pricing leverages below 17.5x income
- Located near Route 112 and Autoroute 10, ensuring easy regional and urban access
- Condo-quality design with additional concrete layer enhancing acoustic performance
- 24 parking spaces and consistent building specifications streamline property management
- Option to assume existing mortgages at favorable rates, subject to lender approval
Executive Summary
This offering presents an exceptional investment opportunity in St-Césaire with two recently constructed six-unit rental buildings, both completed in 2020. The properties deliver strong financial performance, generating a combined gross annual income of $217,860 with an attractive asking price that reflects less than 17.5 times gross revenue. Built to condo-quality standards, these wood-frame buildings include enhanced soundproofing with a 1.5-inch concrete layer, ensuring long-term tenant satisfaction and reduced turnover.
The portfolio includes 24 parking spaces and benefits from uniformity of design, simplifying management for the discerning investor. Positioned near Route 112 and Autoroute 10, the buildings offer superior connectivity to key employment markets while maintaining a quiet residential setting. Residents enjoy convenient access to shops, services, schools, parks and green spaces, enhancing rental stability and future value potential.
Investors can also leverage the possibility of assuming existing financing with favorable terms—3.48% fixed until 2030—potentially reducing financing costs and providing advantageous cash flow from day one, subject to lender approval. Acquisition flexibility is available, with the option to purchase both buildings as a package or individually.
The portfolio includes 24 parking spaces and benefits from uniformity of design, simplifying management for the discerning investor. Positioned near Route 112 and Autoroute 10, the buildings offer superior connectivity to key employment markets while maintaining a quiet residential setting. Residents enjoy convenient access to shops, services, schools, parks and green spaces, enhancing rental stability and future value potential.
Investors can also leverage the possibility of assuming existing financing with favorable terms—3.48% fixed until 2030—potentially reducing financing costs and providing advantageous cash flow from day one, subject to lender approval. Acquisition flexibility is available, with the option to purchase both buildings as a package or individually.
Property Facts
| Price | $2,710,453 USD | Number of Properties | 2 |
| Price / SF | $133.30 USD / SF | Individually For Sale | 1 |
| Sale Type | Investment | Total Building Size | 20,334 SF |
| Status | Active | Total Land Area | 0.56 AC |
| Price | $2,710,453 USD |
| Price / SF | $133.30 USD / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 1 |
| Total Building Size | 20,334 SF |
| Total Land Area | 0.56 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1252 Cécile Av, Saint-cesaire, QC J0L 1T0 | Multifamily | 10,167 SF | 2020 | $1,349,890 |
| 1274 Cécile Av, Saint-cesaire, QC J0L 1T0 | Multifamily | 10,167 SF | 2020 | - |
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1252-1274 Cecile Ave
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