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1650-1654 Rue Sainte-Catherine E

9,921 SF 100% Leased Retail Building Montréal, QC H2L 2J4 $2,767,138 USD ($279 USD/SF) 4.47% Cap Rate

Investment Highlights

  • 2 commercial tenants + 6 residential units
  • Strong rental potential
  • Prime location near Papineau metro station

Executive Summary

This property consists of two buildings with a total of 8 units, including 2 solid commercial tenants and 6 spacious residential apartments. Situated near the Papineau metro station, the location is highly strategic, offering easy access to downtown and vibrant community amenities. With strong rental potential and consistent demand, this property represents an excellent opportunity for investors seeking profitability and long-term financial stability.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
9,921 SF
Building Class
C
Year Built
1875
Price
$2,767,138 USD
Price Per SF
$279 USD
Cap Rate
4.47%
NOI
$123,644 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.27
Lot Size
0.10 AC
Frontage
55 FT on Ste-catherine St E
Walk Score ®
Walker's Paradise (98)
Transit Score ®
Excellent Transit (74)
Bike Score ®
Biker's Paradise (99)
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.®

Nearby Major Retailers

Metro, Inc.
Tim Hortons
Royal Bank of Canada
Starbucks
Sushi Shop
Cora
St-Hubert
Rachelle Bery
Café Dépôt
Banque Scotia
  • Listing ID: 33945473

  • Date on Market: 11/21/2024

  • Last Updated:

  • Address: 1650-1654 Rue Sainte-Catherine E, Montréal, QC H2L 2J4

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