Description

Magnificent 6-unit income property located in the heart of Verdun. This well-maintained building offers an excellent investment opportunity with potential gross annual revenues of $105,000. The apartments feature functional, sought-after layouts that support strong tenant appeal and stable occupancy. Ideally situated near shops, restaurants, parks, schools, public transit, and the waterfront, this is a quality asset in one of Montreal's most desirable neighbourhoods.

The 217-227 Rielle Street represents an excellent investment opportunity in the heart of Verdun, a neighbourhood renowned for its strong rental demand, quality of life, and close proximity to downtown Montreal.

This well-maintained six-unit income property offers potential gross annual revenues of $113,712. The apartments feature functional and desirable layouts, contributing to strong tenant retention and excellent income potential.

Location is one of the property's greatest assets. Situated in a vibrant and highly sought-after area, it enjoys quick access to shops, restaurants, cafés, schools, parks, and essential services. The neighbourhood attracts a diverse tenant base, including professionals, young families, and students, helping to sustain long-term rental demand.

The property's proximity to public transportation, major thoroughfares, and downtown Montreal ensures outstanding accessibility. Residents also benefit from nearby parks, green spaces, and access to the banks of the St. Lawrence River.

INVESTMENT OPPORTUNITY

This property is particularly well suited for:

Investors seeking a stable income-producing property in a high-demand area Buyers looking to diversify their real estate portfolio Investors capitalizing on the continued appreciation of the Verdun real estate market Owners seeking an asset that combines cash flow with long-term value growth

NEARBY AMENITIES

Transportation & Mobility Quick access to public transit, bike paths, and major transportation routes.

Shops & Services Grocery stores, restaurants, cafés, pharmacies, and a wide range of neighbourhood services nearby.

Parks & Recreation Numerous parks, recreational facilities, and easy access to the St. Lawrence River waterfront.

VERDUN AREA

Verdun is recognized as one of Montreal's most desirable neighbourhoods, appreciated for its welcoming atmosphere, thriving commercial activity, and proximity to downtown. This is an opportunity to acquire a quality income property in a prime location offering immediate revenue and strong long-term growth potential.