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239-243 Boul Saint-Joseph O
Montréal, QC H2T 2P9
Multifamily Property For Sale
·
6 Units
Investment Highlights
- Fifteen residential units in Montréal's Mile-End neighborhood.
- Diverse mix of studio, 1½, 2½, and 3½-unit configurations.
- Fully leased with 12-month residential leases.
- Property has been maintained over the years.
Executive Summary
239-243 Boul. St-Joseph O. presents the opportunity to acquire a 15-unit multifamily property in Montréal's highly sought-after Mile-End neighborhood within the Plateau-Mont-Royal borough. This established urban location is recognized for its concentration of restaurants, cafés, boutiques, creative businesses, and proximity to major employment and cultural destinations, supporting long-term residential demand.
The property has been maintained over the years and offers a diverse residential unit mix consisting of four studio apartments, two 1½-room units, seven 2½-room units, and two 3½-room units. All apartments are leased under 12-month agreements, with heating, electricity, and hot water included according to the listing information. The fully occupied nature of the building provides immediate residential income supported by a broad range of unit configurations.
A basement level with a ceiling height exceeding six feet offers additional utility and future potential, subject to applicable approvals and regulations. The property's location along Boulevard St-Joseph Ouest places residents within walking distance of neighborhood services, public transportation options, and the amenities that have made Mile-End one of Montréal's most recognized residential districts.
For investors seeking an established multifamily asset in a mature urban market, the combination of a fully leased rent roll, varied apartment mix, and location within the Plateau-Mont-Royal creates a compelling opportunity in one of Montréal's most enduring residential neighborhoods.
The property has been maintained over the years and offers a diverse residential unit mix consisting of four studio apartments, two 1½-room units, seven 2½-room units, and two 3½-room units. All apartments are leased under 12-month agreements, with heating, electricity, and hot water included according to the listing information. The fully occupied nature of the building provides immediate residential income supported by a broad range of unit configurations.
A basement level with a ceiling height exceeding six feet offers additional utility and future potential, subject to applicable approvals and regulations. The property's location along Boulevard St-Joseph Ouest places residents within walking distance of neighborhood services, public transportation options, and the amenities that have made Mile-End one of Montréal's most recognized residential districts.
For investors seeking an established multifamily asset in a mature urban market, the combination of a fully leased rent roll, varied apartment mix, and location within the Plateau-Mont-Royal creates a compelling opportunity in one of Montréal's most enduring residential neighborhoods.
Property Facts
| Price Per Unit | $295,124 USD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| No. Units | 6 | Building Size | 5,367 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1910 |
| Price Per Unit | $295,124 USD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 5,367 SF |
| No. Stories | 3 |
| Year Built | 1910 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | - | - |
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