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2023-2031 Rue Dezery 5 Unit Apartment Building $981,119 USD ($196,224 USD/Unit) 5.07% Cap Rate Montréal, QC H1W 2S3
Investment Highlights
- Spacious quintuplex featuring five residential units, including a main 1,500 sq. ft. apartment with private patio and backyard parking.
- Conveniently located near Préfontaine Metro Station and at the start of Ontario Promenade, ensuring excellent public transit access.
- Recent improvements include new roofing in 2013 and exterior balcony and stair renovations completed in 2019 for long-term durability.
- Basement of approximately 750 sq. ft. offers additional potential, with an existing separate entrance for flexible use or integration.
- Positioned in the vibrant Hochelaga-Maisonneuve neighborhood, steps away from shopping, dining, and essential services.
- Current gross revenue potential exceeds $68,000 annually, with additional basement rental income possible for increased returns.
Executive Summary
A 30-foot-wide five-unit building with a basement and windows on the side. The main unit is 1,500 sq. ft. with a patio and backyard parkings. There is approximately 750 sq. ft. of basement space that was intended to be combined with the main floor but is currently separate. The 5-plex is easily accessible, a few minutes from Préfontaine metro station and at the beginning of the Ontario Promenade, with access to all services
Property Facts
| Price | $981,119 USD | Property Subtype | Apartment |
| Price Per Unit | $196,224 USD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Cap Rate | 5.07% | Building Size | 4,320 SF |
| No. Units | 5 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1926 |
| Zoning | H.2-4 | ||
| Price | $981,119 USD |
| Price Per Unit | $196,224 USD |
| Sale Type | Investment |
| Cap Rate | 5.07% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 4,320 SF |
| No. Stories | 3 |
| Year Built | 1926 |
| Zoning | H.2-4 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | - | - |
1 1
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
90/100
Very bikeable
80/100
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2023-2031 Rue Dezery
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