Investment Opportunity -- Multi-Building Portfolio
A rare opportunity to acquire a portfolio of income properties, representing a substantial block of rental units. These buildings(724,732,740 & 748 Galt) are being sold together as one package, creating a unique chance to secure a large-scale, income-producing investment in a single transaction.
Unit Mix: Three of the buildings consist entirely of two-bedroom apartments, while the remaining building includes seven two-bedroom units and one one-bedroom unit.
Tenant-Paid Utilities: Heating and electricity are paid by tenants, keeping operating expenses low and maximizing net revenues.
Rental Potential: Market rents for two-bedroom apartments in the area range between $1,300 and $1,500 per month, while the one-bedroom unit has proportionally strong demand.
Projected Revenues: With 31 two-bedroom units and 1 one-bedroom unit, the projected annual gross rental income is approximately:
$496,800 at $1,300/month for 2-bedrooms
$573,600 at $1,500/month for 2-bedrooms
Plus additional revenue from the 1-bedroom unit.
Prime Location: Ideally located in a high-demand sector close to public transit, shops, services, and green spaces, ensuring stable occupancy and long-term appreciation.
Scalable Investment: With multiple properties sold together, investors benefit from scale, efficiency, and excellent income security.
This portfolio sale offers a rare opportunity for serious investors to acquire a solid, scalable, and revenue-driven real estate asset in one of Montreal's most dynamic rental markets.