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2318-2322 Rue Leclaire 5 Unit Apartment Building $835,393 USD ($167,079 USD/Unit) Montréal, QC H1V 3A5
Investment Highlights
- Five-unit building with a diverse mix of apartment sizes catering to varied rental demand.
- Walkable neighborhood near Olympic Stadium, parks, and vibrant retail corridors.
- Recent capital improvement with a new elastomeric membrane roof installed in 2020.
Executive Summary
Ideally located in the heart of Hochelaga-Maisonneuve (HOMA), 2318-2322 Rue Leclaire offers a rarely available five-unit semi-detached building just 500 meters from Viau metro station. This quintuplex combines convenience and rental potential in one of Montréal’s most dynamic residential neighborhoods.
The unit mix includes a spacious ground-floor 7 ½ with basement, two 3 ½ apartments on the first floor, an additional 3 ½, and a functional 1 ½ studio residing in the basement. The property boasts recent updates, including a 2020 elastomeric membrane roof, and features a landscaped backyard and two private parking spaces. Its proximity to the Olympic Stadium, major parks, key retail corridors, and essential services elevate its appeal for long-term tenancy and strong rent upside.
With stable ownership spanning nearly 30 years, the asset provides excellent stewardship history and offers investors immediate income generation with scope for rent optimization. Take advantage of a highly walkable, transit-oriented location in a district noted for cultural amenities, green spaces, and residential vitality—ideal for any real estate portfolio seeking predictable cash flow in a high-demand sector.
The unit mix includes a spacious ground-floor 7 ½ with basement, two 3 ½ apartments on the first floor, an additional 3 ½, and a functional 1 ½ studio residing in the basement. The property boasts recent updates, including a 2020 elastomeric membrane roof, and features a landscaped backyard and two private parking spaces. Its proximity to the Olympic Stadium, major parks, key retail corridors, and essential services elevate its appeal for long-term tenancy and strong rent upside.
With stable ownership spanning nearly 30 years, the asset provides excellent stewardship history and offers investors immediate income generation with scope for rent optimization. Take advantage of a highly walkable, transit-oriented location in a district noted for cultural amenities, green spaces, and residential vitality—ideal for any real estate portfolio seeking predictable cash flow in a high-demand sector.
Property Facts
| Price | $835,393 USD | Apartment Style | Low-Rise |
| Price Per Unit | $167,079 USD | Building Class | C |
| Sale Type | Investment | Building Size | 2,911 SF |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1955 |
| Property Subtype | Apartment | Parking Ratio | 0.69/1,000 SF |
| Zoning | R2 | ||
| Price | $835,393 USD |
| Price Per Unit | $167,079 USD |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Building Size | 2,911 SF |
| No. Stories | 2 |
| Year Built | 1955 |
| Parking Ratio | 0.69/1,000 SF |
| Zoning | R2 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Heating
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | - | - |
1 1
Very walkable
80/100
Moderately drivable
70/100
Strong public transit
80/100
Very bikeable
80/100
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2318-2322 Rue Leclaire
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