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61-71 Av Notre-Dame 6 Unit Apartment Building $1,759,042 USD ($293,174 USD/Unit) St-Lambert, QC J4P 2K1
Investment Highlights
- Mixed-use configuration with residential apartments and a commercial unit for income stability
- Public transportation and major roadways provide strong regional connectivity
- Highly regarded neighborhood known for consistent tenant demand and livability
- Immediate proximity to shopping, dining, and essential urban services in Saint-Lambert
- Potential for an owner-occupant opportunity, uncommon in this market segment
Executive Summary
This well-maintained mixed-use property presents an exceptional investment opportunity in the sought-after Saint-Lambert area. The asset features five residential apartment units complemented by one commercial suite, delivering a stable and diversified income stream. Benefiting from established tenancy, the property ensures consistent cash flow while offering future upside potential through strategic management and value enhancements.
Located in a vibrant, amenity-rich neighborhood, the property enjoys proximity to key retail offerings, schools, and essential services. Residents and visitors benefit from excellent connectivity via public transit and major arterial routes, providing direct access to Montreal and surrounding markets. One residential unit may become available soon, creating a rare pathway for owner-occupiers to secure a home in this desirable setting.
The location’s combination of convenience, steady demand for rental housing, and accessible commercial frontage enhances its long-term resilience, making this property a compelling addition to any investment portfolio. GST/QST will apply to the purchase price.
Located in a vibrant, amenity-rich neighborhood, the property enjoys proximity to key retail offerings, schools, and essential services. Residents and visitors benefit from excellent connectivity via public transit and major arterial routes, providing direct access to Montreal and surrounding markets. One residential unit may become available soon, creating a rare pathway for owner-occupiers to secure a home in this desirable setting.
The location’s combination of convenience, steady demand for rental housing, and accessible commercial frontage enhances its long-term resilience, making this property a compelling addition to any investment portfolio. GST/QST will apply to the purchase price.
Property Facts
| Price | $1,759,042 USD | Building Class | C |
| Price Per Unit | $293,174 USD | Lot Size | 0.25 AC |
| Sale Type | Investment | Building Size | 3,660 SF |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1962 |
| Property Subtype | Apartment | Parking Ratio | 1.37/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | H.1-0533 | ||
| Price | $1,759,042 USD |
| Price Per Unit | $293,174 USD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 3,660 SF |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 1.37/1,000 SF |
| Zoning | H.1-0533 |
Amenities
Unit Amenities
- Balcony
- Double Pane Windows
Site Amenities
- Controlled Access
- Trash Pickup - Curbside
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
1 1
Exceptionally walkable
100/100
Moderately drivable
70/100
Good public transit
70/100
Moderately bikeable
70/100
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61-71 Av Notre-Dame
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