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1085 St Berri
Montréal, QC H2L 4C5
Immeuble residentiel Bien À vendre
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23 Lots
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- Favorable CMHC loan assumption in place with below-market financing and extended amortization
- Ten units enrolled in the CMHC MLI Select Affordability Program offering secure and stable occupancy
- Montréal enforces a 60-day right of first refusal on all offers, requiring clear planning during negotiations
- Located in Montréal’s Ville-Marie district within 1 km of strong demographics, including projected 1.6% population growth
- Existing service contracts with Coinamatic (through 2034) and Videotron (through 2027) included with the sale
- Significant long-term positioning supported by robust household incomes and rental demand in the immediate area
Résumé analytique
This well-positioned 23-unit multifamily opportunity in Montréal’s Ville-Marie district provides investors with strong fundamentals and future growth potential. The property benefits from an excellent borrowing structure: a CMHC-backed loan with highly favorable terms—3.70% interest rate, 40-year amortization, and a 5-year 3-month term maturing in June 2031—which must be assumed by the buyer. Monthly principal and interest payments are approximately $13,732, with an additional $1,523 tax escrow requirement.
Ten of the units are under the CMHC MLI Select Affordability Program, underscoring the building’s compliance with affordability-focused housing initiatives. Located in an area experiencing a projected population growth of 1.6% over the next five years and supported by an average household income of $93,401, the property captures strong rental demand dynamics. Essential service agreements with Coinamatic (exp. 2034) and Videotron (exp. 2027) transfer with the sale, ensuring continuity for tenants.
The sale is offered without legal warranty of quality at the buyer’s risk. All offers must accommodate Montréal’s 60-day right of first refusal. Investors are advised to account for lender-imposed allowances and operating assumptions when modeling returns. On-site visits are permitted following acceptance of a promise to purchase.
Ten of the units are under the CMHC MLI Select Affordability Program, underscoring the building’s compliance with affordability-focused housing initiatives. Located in an area experiencing a projected population growth of 1.6% over the next five years and supported by an average household income of $93,401, the property captures strong rental demand dynamics. Essential service agreements with Coinamatic (exp. 2034) and Videotron (exp. 2027) transfer with the sale, ensuring continuity for tenants.
The sale is offered without legal warranty of quality at the buyer’s risk. All offers must accommodate Montréal’s 60-day right of first refusal. Investors are advised to account for lender-imposed allowances and operating assumptions when modeling returns. On-site visits are permitted following acceptance of a promise to purchase.
Informations sur l’immeuble
| Prix par lot | 110 897 € | Surface du lot | 0,02 ha |
| Type de vente | Investissement | Surface de l’immeuble | 640 m² |
| Nb de lots | 23 | Nb d’étages | 4 |
| Type de bien | Immeuble residentiel | Année de construction | 1956 |
| Sous-type de bien | Appartement | Ratio de stationnement | 0,01/1 000 m² |
| Classe d’immeuble | C | ||
| Zonage | M.3B | ||
| Prix par lot | 110 897 € |
| Type de vente | Investissement |
| Nb de lots | 23 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| Classe d’immeuble | C |
| Surface du lot | 0,02 ha |
| Surface de l’immeuble | 640 m² |
| Nb d’étages | 4 |
| Année de construction | 1956 |
| Ratio de stationnement | 0,01/1 000 m² |
| Zonage | M.3B |
Lot informations sur la combinaison
| Description | Nb de lots | Moy. loyer/mois | m² |
|---|---|---|---|
| 1+1 | 23 | - | - |
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