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2523 Rue De Châteauguay 2 Unit Apartment Building $539,035 USD ($269,518 USD/Unit) Montréal, QC H3K 1L2
Investment Highlights
- Vacant property ready for renovation or redevelopment.
- Less than two minutes from Charlevoix Metro Station.
- Large rear yard offers additional site flexibility.
- Potential conversion from duplex to triplex, subject to approvals.
- City construction permit reportedly obtained.
- Located in Montréal's established Pointe-Saint-Charles neighborhood.
Executive Summary
2523Z Rue de Châteauguay presents a redevelopment opportunity in Montréal's Pointe-Saint-Charles neighborhood. Currently configured as a duplex and offered vacant, the property provides investors, developers, and renovation professionals with the ability to reposition the asset and potentially convert it into a triplex, subject to buyer verification and municipal approvals. A city construction permit has reportedly been obtained, creating a foundation for future redevelopment plans.
The property sits on a 2,812-square-foot lot and benefits from a sizable rear yard, offering flexibility for site planning and outdoor space enhancements. With no existing tenants in place, a purchaser can immediately commence renovation or redevelopment activities without the complexities often associated with occupied multifamily assets.
Its location in Pointe-Saint-Charles is a notable advantage. Situated less than two minutes from Charlevoix Metro Station, the property benefits from convenient access to downtown Montréal, major employment centers, neighborhood services, and public transportation. Pointe-Saint-Charles has experienced continued residential investment and revitalization, supported by its proximity to the Lachine Canal, Griffintown, and the city's urban core. The combination of transit accessibility, redevelopment potential, and vacant possession positions this asset as an opportunity for investors seeking to create additional residential value in an established Montréal neighborhood.
The property sits on a 2,812-square-foot lot and benefits from a sizable rear yard, offering flexibility for site planning and outdoor space enhancements. With no existing tenants in place, a purchaser can immediately commence renovation or redevelopment activities without the complexities often associated with occupied multifamily assets.
Its location in Pointe-Saint-Charles is a notable advantage. Situated less than two minutes from Charlevoix Metro Station, the property benefits from convenient access to downtown Montréal, major employment centers, neighborhood services, and public transportation. Pointe-Saint-Charles has experienced continued residential investment and revitalization, supported by its proximity to the Lachine Canal, Griffintown, and the city's urban core. The combination of transit accessibility, redevelopment potential, and vacant possession positions this asset as an opportunity for investors seeking to create additional residential value in an established Montréal neighborhood.
Property Facts
| Price | $539,035 USD | Property Subtype | Apartment |
| Price Per Unit | $269,518 USD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Sale Condition | Redevelopment Project | Building Size | 2,000 SF |
| No. Units | 2 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1970 |
| Price | $539,035 USD |
| Price Per Unit | $269,518 USD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Building Size | 2,000 SF |
| No. Stories | 2 |
| Year Built | 1970 |
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Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100
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2523 Rue De Châteauguay
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