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Apartment Buildings for Sale in Montréal
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Apartment Building For Sale in Montréal
Montreal, Canada's second most populous city, offers a vibrant real estate landscape packed with opportunities. This city, located on the Island of Montreal and conveniently situated 196 km east of Ottawa and 258 km southwest of Quebec City, is a hub for various industries spanning aerospace, transport, finance, pharmaceuticals, technology, and education. Bordered by Mount Royal, this city of over 1 million residents offers an array of property options to consider, with various apartment buildings being the star attraction for many.
Currently, there are 4 apartment buildings listed for sale in Montreal on LoopNet.ca. Besides apartment buildings, Montreal also provides opportunities in retail space and residential income properties. The city's impressive infrastructure, spanning international airports, an expansive autoroute system, and the Société de Transport de Montréal's wide-reaching public transport network, further enhances the appeal of owning property in Montreal. In addition, Montreal's high concentration of post-secondary students dispersed across numerous universities, including the renowned McGill University and Université de Montréal, has growing demands in the residential and commercial property sector. The opportunities are endless for investors and property seekers alike in Montreal's vibrant real estate market.
Learn about Apartment Buildings for sale in Montréal
Why should I buy an Apartment Building in Montréal?
Purchasing an Apartment Building in Montréal offers a promising opportunity due to the city's diverse economy, thriving student population, and robust transportation network.
- With a high concentration of post-secondary students thanks to local establishments such as McGill University and Université de Montréal, there is a constant demand for rental accommodations, which is advantageous for apartment building owners.
- Given the well-connected transport network, which includes buses, subways, and commuter trains, your Montréal Apartment Building stays better accessible, potentially making it a popular choice among renters.
How much does it cost to buy an Apartment Building in Montreal?
The cost of purchasing an Apartment Building in Montreal varies significantly because it depends on factors such as the building's overall size, unit count, location within the city, and the terms of the sale.
- The average price per square foot for these properties in Montreal is $472 CAD.
- The size of available apartment buildings also varies, with the average size being 8,272 SF square feet and the largest properties on the market offering up to 85,000 SF square feet.
What is the largest Apartment Building available to buy in Montréal?
The largest Apartment Building available to buy in Montréal is of size 85,000 SF.
What factors should I consider when searching for an Apartment Building in Montréal?
In your search for Apartment Buildings in Montréal, you should look at the average and maximum size of similar properties, consider the prevalent pricing per square foot, and why this property type is a worthwhile choice.
How many Apartment Buildings are available in Montréal?
There are 4 apartment buildings available in Montréal for purchase.
What other commercial properties are available in Montréal?
- Retail Spaces are prevalent, catering to Montréal's robust consumer market and active city life.
- shopping centres and Residential Income Properties are also common, reflecting the high metropolitan population and its demand for diverse shopping and living options.
- Office Spaces abound, supporting the city's thriving industries such as aerospace, transport, finance, pharmaceuticals, and education. Despite these options, Apartment Buildings remain a solid choice due to there being 4 listings available, indicating a sustained interest and availability in this property type.
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