Investment Opportunity -- 29-Unit Apartment Building in Greenfield Park
Well-maintained 29-unit apartment building located in a sought-after area of Greenfield Park, offering an excellent combination of stable rental income, strategic location, and potential for revenue optimization.
The property consists of 10 one-bedroom units (3½), 18 two-bedroom units (4½), and 1 three-bedroom units (5½). The building is well maintained and benefits from stable tenants, making it an excellent opportunity for an investor seeking a solid and long-term income-producing property.
Ideally located directly across from Parc du Limousin, the property offers a pleasant and desirable living environment. It also provides easy access to major highways and public transportation, including convenient access to the REM.
The property is close to numerous essential services, including elementary and secondary schools, CEGEPs and universities, healthcare facilities, and Charles-Le Moyne Hospital.
Property Highlights:
29 units: 10 x 1-bedroom, 17 x 2-bedroom, and 2 x 3-bedroom apartments 25 parkings 2 double garages, 1 single garage Well-maintained building Stable tenant base Located in a highly sought-after area of Greenfield Park Directly across from Parc du Limousin Easy access to major highways Convenient access to public transportation and the REM Close to schools, CEGEPs, universities, and healthcare services Close to Charles-Le Moyne Hospital Potential to optimize rental income Excellent potential for long-term value appreciation
A compelling opportunity for an investor looking for a well-established multifamily property in a strategic location on Montreal's South Shore, with strong potential for future revenue growth and value appreciation.
Building details and property interior
Year constructed
1966
Siding
Brick
Garage
Built-in
Lot and exterior features
Lot area
1,633.20 m²
Topography
Flat
Parking (total)
Driveway (27), Garage (3)
Proximity
Hospital, Metro, Park, Bicycle path, Highway, Réseau Express Métropolitain (REM), High school, Public transportation, University, Elementary school, CEGEP, Daycare centre
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2026)
Lot assessment
$ 641,600
Building assessment
$ 3,650,500
Total
$ 4,292,100
Taxes
Municipal
(2026)
$ 32,432
School
(2026)
$ 3,134
Total
$ 35,566
Annual expenses
Elevator(s)
$ 2,400
Insurance
$ 16,342
Superintendent
$ 8,400
Snow removal
$ 1,500
Total
$ 28,642
Energy expenses
Electricity
$ 15,583
Total
$ 15,583
Gross annual revenues (potential)
Residential
$ 424,476
Parking
$ 7,200
Other
$ 3,600
Total
$ 435,276
Inclusions and exclusions
Exclusions
personal belongings of tenants
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.