Rare opportunity in St-Jean-sur-Richelieu: six-unit building at 1311 boul. d'Iberville. Condo-quality construction (2018), excellent rental income, enclosed garages and individual storage spaces. Asking price of $1,930,500, set at 16.5 times annual gross rental income. No mortgage to assume. Sought-after Iberville area, close to major roads, services, shops, parks and the Richelieu River. Option to also purchase the neighbouring six-unit building at 1317. See Centris No. 23564320 for both buildings.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Six-unit residential building constructed in 2018, located at 1311 boul. d'Iberville in the Iberville area of St-Jean-sur-Richelieu. An appealing investment opportunity featuring recent construction, attractive rental income and simplified management.
The asking price of $1,930,500 represents 16.5 times the annual gross rental income of $117,000, offering attractive pricing for a building of this age.
Condo-quality construction: wood framing with approximately 1.5 inches of added concrete to improve soundproofing. The property also includes 12 outdoor parking spaces, 3 enclosed garages and 6 individual storage lockers.
The units offer spacious, bright, open-concept living areas. Quality construction and thoughtful interior layouts create a comfortable and welcoming living environment. The very large, private, covered balconies extend the living space outdoors, providing an inviting setting for dining, entertaining or relaxing. Shelter from the sun and rain allows residents to enjoy them longer throughout the seasons.
The Iberville area offers a convenient location with quick access to Highway 35, Route 104, shops, services, daycare centres, parks and green spaces. The neighbourhood also benefits from proximity to the Richelieu River and outdoor activities.
No mortgage to assume. The buyer can arrange their own financing.
The six-unit building may be purchased individually or together with the neighbouring building at 1317 boul. d'Iberville, subject to agreement. Any Promise to Purchase must clearly identify the property or properties concerned. See Centris No. 23564320 for both buildings.
Building details and property interior
Dimensions
52' 2" X 50' 1" irr.
Year constructed
2018
Garage
Detached
Lot and exterior features
Lot size
67' 3" X 199' 5" irr.
Lot area
1,248.30 m²
Driveway
Asphalt
Parking (total)
Driveway (12), Garage (3)
Characteristics
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2026)
Lot assessment
$ 324,800
Building assessment
$ 1,315,000
Total
$ 1,639,800
Taxes
Municipal
(2026)
$ 16,261
School
(2026)
$ 1,126
Total
$ 17,387
Annual expenses
Insurance
$ 3,547
Total
$ 3,547
Energy expenses
Electricity
$ 984
Total
$ 984
Gross annual revenues (potential)
Residential
$ 117,060
Total
$ 117,060
Inclusions and exclusions
Mortgage payment calculator
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This document is not an offer or a promise that may bind the seller, but is an invitation to submit such offers or promises.