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3820-3824 Mackenzie St 10 Unit Apartment Building $1,930,834 USD ($193,083 USD/Unit) 4.89% Cap Rate Montréal, QC H3S 1E5
Investment Highlights
- Two contiguous multi-family buildings featuring a total of 10 apartments in a desirable rental market.
- Classic brick architecture with individual balconies, large windows, and separate tenant entries enhancing curb appeal.
- Excellent transit accessibility within walking distance to Plamondon Metro station and REM Canora station.
- Fully occupied properties offering stable income with an annual potential gross revenue of approximately $131,868.
- Prime location close to Université de Montréal, major hospitals, and vibrant commercial amenities.
- Situated in a high-demand neighborhood with a strong rental base and notable community parks nearby.
Executive Summary
3820 Mackenzie Street is a six-unit building constructed around 1932, offering a spacious living area of approximately 5,247 sq. ft. 3824 Mackenzie Street: A four-unit building constructed around 1932, with a living area of approximately 3,926 sq. ft. A rare opportunity to acquire two 10-unit properties in the heart of Côte-des-Neiges, consisting of a four-unit and a six-unit building, offering excellent investment potential in an area with high rental demand. The owner would like to organize before any offer an initial showing with two or three units on Wednesday, May 20th, between 5:00 pm and 6:00 pm.514 983-3443 ( appointment)
Property Facts
| Price | $1,930,834 USD | Apartment Style | Low-Rise |
| Price Per Unit | $193,083 USD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.16 AC |
| Cap Rate | 4.89% | Building Size | 9,921 SF |
| No. Units | 10 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1932 |
| Property Subtype | Apartment | Parking Ratio | 0.5/1,000 SF |
| Price | $1,930,834 USD |
| Price Per Unit | $193,083 USD |
| Sale Type | Investment |
| Cap Rate | 4.89% |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 9,921 SF |
| No. Stories | 3 |
| Year Built | 1932 |
| Parking Ratio | 0.5/1,000 SF |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | - | - |
1 1
Moderately walkable
70/100
Moderately drivable
60/100
Strong public transit
80/100
Moderately bikeable
60/100
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3820-3824 Mackenzie St
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