$1,295,000
ULS: 17612670
5-6-7-Plex
for sale
23 Rue Crépin, Châteauguay
A 6-unit building built in 1990 with a brick facade, located in a peaceful and growing area of Châteauguay. Close to parks, Île-Saint-Bernard, restaurants, marinas, the river, and schools, this prime location offers a natural, accessible, and sought-after living environment. Careful maintenance, modern renovations, and strong rental demand make this a solid, stable investment poised for growth in a rapidly evolving market. (See addendum)
Sale with exclusion(s) of legal warranty - See listing broker(s)
Property features
2
Bedrooms
1
Bathroom
Addendum
Discover this magnificent six-unit building, built in 1990, located in a peaceful and rapidly developing area of Châteauguay. With its brick façade, classic architecture, and ongoing improvements, this building inspires confidence from the very first glance. It represents an ideal acquisition for investors seeking a stable, well-maintained real estate asset offering excellent growth potential.
The location is one of the property's greatest assets. Located just steps from the Île-Saint-Bernard parks and the Châteauguay River, and close to local schools, it offers its tenants an exceptional, green, and serene living environment. Residents enjoy quick access to natural spaces, walking trails, cultural and outdoor activities, while remaining close to essential services and major highways. This sought-after residential area offers a perfect balance between tranquility and convenience, promoting maximum occupancy and strong tenant retention.
The building has undergone several major renovations over the past few years, both to the apartments and the building's exterior. The renovated units have been meticulously designed with quality and sustainability in mind. Every detail has been carefully considered to provide optimal comfort for occupants, enhancing the property's rental appeal.
The scarcity of housing in the region, combined with significant population growth, creates a favorable dynamic for any owner looking to maximize their income. Châteauguay is experiencing increasing rental pressure, with one of the lowest vacancy rates on the South Shore. The rental market has grown by nearly 50% in five years, confirming the solidity of the investment and the building's strategic positioning.
The building's structure is based on an effective combination of quality construction and sustainable materials. The units are well soundproofed, well lit, and designed to appeal to a stable clientele concerned about the quality of their living space. The brick façade and rigorous maintenance of the building are testament to the care taken in its management and its longevity.
In short, this building represents a rare opportunity to acquire a well-positioned real estate asset in a sought-after area, with a reliable rental clientele and strong growth potential. Whether to add to an existing portfolio or for a first strategic acquisition, this is a turnkey product ready to generate attractive returns in the short, medium and long term.
The location is one of the property's greatest assets. Located just steps from the Île-Saint-Bernard parks and the Châteauguay River, and close to local schools, it offers its tenants an exceptional, green, and serene living environment. Residents enjoy quick access to natural spaces, walking trails, cultural and outdoor activities, while remaining close to essential services and major highways. This sought-after residential area offers a perfect balance between tranquility and convenience, promoting maximum occupancy and strong tenant retention.
The building has undergone several major renovations over the past few years, both to the apartments and the building's exterior. The renovated units have been meticulously designed with quality and sustainability in mind. Every detail has been carefully considered to provide optimal comfort for occupants, enhancing the property's rental appeal.
The scarcity of housing in the region, combined with significant population growth, creates a favorable dynamic for any owner looking to maximize their income. Châteauguay is experiencing increasing rental pressure, with one of the lowest vacancy rates on the South Shore. The rental market has grown by nearly 50% in five years, confirming the solidity of the investment and the building's strategic positioning.
The building's structure is based on an effective combination of quality construction and sustainable materials. The units are well soundproofed, well lit, and designed to appeal to a stable clientele concerned about the quality of their living space. The brick façade and rigorous maintenance of the building are testament to the care taken in its management and its longevity.
In short, this building represents a rare opportunity to acquire a well-positioned real estate asset in a sought-after area, with a reliable rental clientele and strong growth potential. Whether to add to an existing portfolio or for a first strategic acquisition, this is a turnkey product ready to generate attractive returns in the short, medium and long term.
Building details and property interior
Dimensions
38' 3" X 48' 4"
Year constructed
1990
Windows
Aluminum, PVC
Window Type
Sliding
Siding
Brick, Vinyl
Roofing
Asphalt shingles
Kitchen Cabinets
Melamine
Basement
Finished basement, Outdoor entrance, 6 feet and more
Lot and exterior features
Lot size
60' X 140' 4"
Lot area
779.60 m²
Topography
Flat
Driveway
Asphalt
Parking (total)
Driveway (8)
Proximity
Hospital, Park, Bicycle path, Elementary school, High school, Public transportation, Daycare centre, Highway
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2025)
- Lot assessment
- $ 288,500
- Building assessment
- $ 570,100
- Total
- $ 858,600
Taxes
- Municipal (2025)
- $ 13,357
- School (2025)
- $ 578
- Total
- $ 13,935
Annual expenses
- Insurance
- $ 3,693
- Snow removal
- $ 1,104
- Lawn
- $ 546
- Total
- $ 5,343
Gross annual revenues (potential)
- Residential
- $ 76,560
- Total
- $ 76,560
Inclusions and exclusions
Inclusions
Shed, curtain poles, instant water heaters, light fixtures
Exclusions
the tenants' personal effects
Mortgage payment calculator
$
$
$
%