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1136 Rue Blondin

36 Unit Apartment Building $4,995,000 CAD ($138,750 CAD/Unit) 3.91% Cap Rate Saint-jerome, QC J7Y 3W6

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Investment Highlights

  • Improvement of all the kitchens.
  • Repair of paving, new fence, support wall and new exterior siding (steel).
  • All windows changed (Total of 74)
  • Replacement of many appliances and floating floors.
  • Installation of HD surveillance camera.
  • Common area completely redone, new Cendrex mailboxes, new laundry room.

Executive Summary

The building is a 36 units on 2 floors and a half basement, a beautiful construction of 1985 with wood and brick structure, all units are identical 3.5's with 2 appliances included. Electricity is at the owner's expense. There is a laundry room on site with new commercial machines. Excellent potential for optimization!

Property Facts

Price $4,995,000 CAD
Price Per Unit $138,750 CAD
Sale Type Investment
Cap Rate 3.91%
No. Units 36
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.64 AC
Building Size 7,500 SF
No. Stories 2
Year Built 1985
Parking Ratio 4.8/1,000 SF

Unit Amenities

  • Air Conditioning
  • Heating

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 36 - -
  • Listing ID: 26166775

  • Date on Market: 2022-07-14

  • Last Updated:

  • Address: 1136 Rue Blondin, Saint-jerome, QC J7Y 3W6

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