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$1,930,500
New
ULS: 21506894

5-6-7-Plex for sale
1311Z Boul. d'Iberville, Saint-Jean-sur-Richelieu (Iberville)

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)

RICHARD BOIVIN

Residential and Commercial Real Estate Broker

RE/MAX PERFORMANCE INC.

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.
Dimensions 52' 2" X 50' 1" irr.
Year constructed 2018
Garage Detached
Lot size 67' 3" X 199' 5" irr.
Lot area 1,248.30 m²
Driveway Asphalt
Parking (total) Driveway (12), Garage (3)
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
Desjardins

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