1380-1390 Rue Sainte-Catherine E
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1380-1390 Rue Sainte-Catherine E
55 Unit Apartment Building For Sale Montréal, QC H2L 2H6
Investment Highlights
- Residential tower with services (laundry, rooftop pool, elevator, concierge service)
- Close to a variety of shops & services
- The apartments are heated/Hot water, refrigerator and stove are included
- Commercial unit converted into condo to facilitate financing
- A stone’s throw from Métro Beaudry (green line)
Executive Summary
Strategically and desirably situated in the residential rental market, this fully leased building is located in a highly sought-after area, offering rents below market average. Any experienced investor will recognize an extremely interesting investment opportunity, with real potential for income optimization!
Currently, market data reveals a significant gap between the current rent and what could be achieved under optimal conditions. To fully explore the potential for increasing the property value of this asset, we invite you to schedule a meeting with one of our brokers in order to benefit of their expertise and to help you discover the best strategies to maximize returns and optimize the profitability of your real
estate investment.
The quality of this building is defined by its prime location in the neighborhood, ensuring residents easy access to all amenities, entertainment activities, and essential nearby services for a comfortable lifestyle. Furthermore, with its 6 floors, the building offers stunning panoramic views of the city, adding exceptional value to this promising investment.
Currently, market data reveals a significant gap between the current rent and what could be achieved under optimal conditions. To fully explore the potential for increasing the property value of this asset, we invite you to schedule a meeting with one of our brokers in order to benefit of their expertise and to help you discover the best strategies to maximize returns and optimize the profitability of your real
estate investment.
The quality of this building is defined by its prime location in the neighborhood, ensuring residents easy access to all amenities, entertainment activities, and essential nearby services for a comfortable lifestyle. Furthermore, with its 6 floors, the building offers stunning panoramic views of the city, adding exceptional value to this promising investment.
Property Facts
Sale Type | Investment | Building Class | C |
No. Units | 55 | Building Size | 48,996 SF |
Property Type | Multifamily | No. Stories | 6 |
Property Subtype | Apartment | Year Built | 1978 |
Apartment Style | Mid Rise |
Sale Type | Investment |
No. Units | 55 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Mid Rise |
Building Class | C |
Building Size | 48,996 SF |
No. Stories | 6 |
Year Built | 1978 |
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
Studios | 55 | - | - |
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Walk Score ®
Walker's Paradise (98)
Transit Score ®
Excellent Transit (86)
Bike Score ®
Biker's Paradise (99)
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1380-1390 Rue Sainte-Catherine E
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