2421-2429 Rue Frontenac
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2421-2429 Rue Frontenac
5 Unit Apartment Building $1,382,745 USD ($276,549 USD/Unit) 5% Cap Rate Montréal, QC H2K 2Z8
Investment Highlights
- Located close to amenities.
- Well maintained building.
- Parking available.
Executive Summary
Located near Frontenac Subway Station, this multi-unit property offers significant investment potential. It features 5 residential units: 2 x 4.5 and 2 x 3.5, along with 4 coliving rooms and a shared kitchen. The basement, currently vacant, can accommodate 4 additional rooms, providing further expansion possibilities. Additionally, the garage at the rear of the property can be replaced with a triplex, with plans and a permit available (the permit will need to be reactivated). This property is perfect for investors seeking to maximize rental income in a prime location.
Property Facts
Price | $1,382,745 USD | Apartment Style | Low Rise |
Price Per Unit | $276,549 USD | Building Class | C |
Sale Type | Investment | Lot Size | 0.06 AC |
Cap Rate | 5% | Building Size | 4,329 SF |
No. Units | 5 | No. Stories | 3 |
Property Type | Multifamily | Year Built | 1910 |
Property Subtype | Apartment |
Price | $1,382,745 USD |
Price Per Unit | $276,549 USD |
Sale Type | Investment |
Cap Rate | 5% |
No. Units | 5 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.06 AC |
Building Size | 4,329 SF |
No. Stories | 3 |
Year Built | 1910 |
Unit Amenities
- Air Conditioning
Site Amenities
- Gas Range
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
1+1 | 5 | - | - |
1 of 1
Walk Score ®
Walker's Paradise (95)
Transit Score ®
Excellent Transit (75)
Bike Score ®
Biker's Paradise (93)
zoning
Zoning Code | R.2 |
R.2 |
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2421-2429 Rue Frontenac
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