Photo Main Photo of the property
$849,900
ULS: 16929504

5-6-7-Plex for sale
1407 - 1415 Rue St-Alexandre, Longueuil (Le Vieux-Longueuil) (Central)

Ideally located in the heart of Old Longueuil, this quintuplex offers four 4½ units and one large 6½ with four bedrooms. Owned by the same proprietor since 2006 and meticulously maintained. Gross annual income of $51,156 with leases in effect until 2026. Rents are well below market value, providing strong optimization potential. Recent updates include roof (2021), water heaters (2024), and balconies (2019). Highly sought-after area near the metro, college, and all services. Visits upon accepted offer only.
Sale with exclusion(s) of legal warranty - See listing broker(s)

Property features

2 Bedrooms
1 Bathroom

CHARLES MORIN-CHARRON

Residential and Commercial Real Estate Broker

RE/MAX SIGNATURE INC.

Beautiful fiveplex offering an excellent investment opportunity in a sought-after and rapidly developing area.
The property includes four 4½ units and a spacious 6½ on the ground floor with four bedrooms--ideal for an owner-occupant or a long-term tenant.
Owned by the same proprietor since 2006, the building has been meticulously maintained over the years and features a solid structure, well-designed units, and a stable tenant base.
Gross annual income: $51,156, with leases in effect until 2026, ensuring long-term stability and secure revenue. Current rents are well below market value, providing significant upside potential for investors looking to improve returns over time.
Renovations and Improvements
Roof redone in 2021
Water heaters replaced in 2024
All balconies rebuilt in 2019
The property requires no major expenses in the short term. Ongoing, consistent maintenance demonstrates careful ownership.
Location
Ideally located in the heart of Old Longueuil, in a peaceful residential neighborhood close to all amenities.
Within walking distance of rue Saint-Charles, known for its shops, restaurants, cafés, and boutiques.
Just minutes from Cégep Édouard-Montpetit, the Longueuil--Université-de-Sherbrooke metro station, the Jacques-Cartier Bridge, and downtown Montréal.
The area offers strong rental potential, combining accessibility, quality of life, and high residential demand.
Highlights
5 units: 4 x 4½ and 1 x 6½ (ground floor with 4 bedrooms)
Gross income: $51,156
Leases in effect until 2026
Below-market rents = strong optimization potential
Solid and well-maintained building
Major recent work completed
Visits upon accepted offer only.
Year constructed 1956
Siding Brick, Stone
Roofing Asphalt and gravel
Lot area 445 m²
Topography Flat
Driveway Asphalt
Proximity CEGEP, Daycare centre, Park, Elementary school, High school, Highway
Heating Energy Electricity
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2025)

Lot assessment
$ 223,000
Building assessment
$ 569,400
Total
$ 792,400

Taxes

Municipal (2025)
$ 5,024
School (2025)
$ 502
Total
$ 5,526

Gross annual revenues (potential)

Residential
$ 51,156
Total
$ 51,156
Desjardins

Mortgage payment calculator

$
$
$
%

Learn more about this property's neighbourhood

The sector in a few statistics

What you need to know about real estate