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1252 Cécile Av 6 Unit Apartment Building $1,349,890 USD ($224,982 USD/Unit) Saint-cesaire, QC J0L 1T0
Investment Highlights
- Modern six-unit building constructed in 2020 with condo-level finishes and superior soundproofing
- Mortgage assumption opportunity with favorable financing terms, subject to lender approval
- Well-situated near Autoroute 10, Route 112, schools, shops, services, and green spaces
- Strong income profile with gross revenue of $108,492 and pricing below 17.5x gross income
- Twelve on-site parking spaces providing tenant convenience
- Available individually or as part of a broader portfolio of recent rental properties
Executive Summary
This recently constructed six-unit rental building in St-Césaire delivers a compelling opportunity for multifamily investors seeking stability and income growth. Built in 2020 with condo-quality standards, the property features enhanced soundproofing through a wood-frame structure and added concrete layer, ensuring long-term durability and tenant satisfaction. Offering 12 parking spaces, the building combines modern construction with efficient design for ease of management and strong tenant appeal.
The investment outlook is underscored by an attractive price-to-income ratio, representing less than 17.5 times the annual gross income of $108,492. For qualified buyers, there is also potential to assume the existing Desjardins mortgage at a competitive 3.48% interest rate, with favorable remaining term and amortization. This option may reduce financing friction and support immediate cash flow performance.
Strategically located in a quiet residential setting with quick access to Route 112 and Autoroute 10, the property benefits from proximity to everyday conveniences including retail, schools, green spaces, and services. This location ensures excellent regional connectivity while preserving a balanced lifestyle setting for tenants, adding to the property’s long-term rental stability and overall investment strength.
The investment outlook is underscored by an attractive price-to-income ratio, representing less than 17.5 times the annual gross income of $108,492. For qualified buyers, there is also potential to assume the existing Desjardins mortgage at a competitive 3.48% interest rate, with favorable remaining term and amortization. This option may reduce financing friction and support immediate cash flow performance.
Strategically located in a quiet residential setting with quick access to Route 112 and Autoroute 10, the property benefits from proximity to everyday conveniences including retail, schools, green spaces, and services. This location ensures excellent regional connectivity while preserving a balanced lifestyle setting for tenants, adding to the property’s long-term rental stability and overall investment strength.
Property Facts
| Price | $1,349,890 USD | Building Class | C |
| Price Per Unit | $224,982 USD | Lot Size | 0.28 AC |
| Sale Type | Investment | Building Size | 10,167 SF |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2020 |
| Property Subtype | Apartment | Parking Ratio | 1.18/1,000 SF |
| Apartment Style | Low-Rise |
| Price | $1,349,890 USD |
| Price Per Unit | $224,982 USD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 10,167 SF |
| No. Stories | 3 |
| Year Built | 2020 |
| Parking Ratio | 1.18/1,000 SF |
Amenities
Unit Amenities
- Balcony
- Kitchen
- Island Kitchen
- Large Bedrooms
Site Amenities
- 24 Hour Access
- Controlled Access
- Security System
- Tenant Controlled HVAC
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
1 1
Somewhat walkable
30/100
Very drivable
80/100
Fairly bikeable
50/100
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1252 Cécile Av
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