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Executive Summary

Immeubles Gloria Commercial Inc. (the “Agency”) is proud to present, on an exclusive basis, the sale of 315 Rielle Street, Montreal (the “Property”), on behalf of 10880884 CANADA INC. (the “Seller”).
This institutional-grade, 32-unit multifamily asset was completely renovated in 2019–2020 with high-end finishes—quartz countertops, hardwood and porcelain floors, noise insulation, and new mechanical, electrical, and plumbing systems—offering investors a true turn-key acquisition. The unit mix is well-balanced with two 2 ½, seventeen 3 ½, and thirteen 4 ½ apartments, plus a large 6-space underground garage.
Strategically located just 250 meters from De l’Église metro and steps from Wellington Street—voted “World’s Coolest Street” in 2022—the Property offers unmatched access to Verdun’s vibrant lifestyle, cafés, restaurants, shops, and the waterfront park with its urban beach. With Concordia, McGill, and UQAM students driving demand, the area is one of Montreal’s most dynamic rental markets.
Beyond its strong in-place income, the Property benefits from long-term appreciation potential, CMHC MLI Select financing eligibility, and even the option to develop a penthouse office or studio on the 4th floor.
This memorandum represents a rare opportunity to secure a fully repositioned, high-quality multifamily building in one of Montreal’s most desirable neighborhoods—a prime addition to any institutional or private portfolio.

Property Facts

Sale Type Investment
Gross Rent Multiplier 19.91
No. Units 32
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.14 AC
Building Size 48,015 SF
No. Stories 3
Year Built/Renovated 1968/2019
Parking Ratio 0.12/1,000 SF
Zoning H02-30

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 13 - -
1+1 17 - -
Studios 2 - -
Walk Score®
Walker's Paradise (96)
Transit Score®
Excellent Transit (70)
Bike Score®
Very Bikeable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 37871089

  • Date on Market: 9/29/2025

  • Last Updated:

  • Address: 315 Rue Rielle, Verdun, QC H4G 2S6

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