1650-1654 Rue Sainte-Catherine E
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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)
Nearby Major Retailers
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1650-1654 Rue Sainte-Catherine E
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