Description

Welcome to 241--251 & 253--263, rue Bourget, a spectacular, fully rebuilt 12-unit multifamily asset comprised of two attached 6-plexes, located in the heart of Saint-Henri, one of Montréal's most sought-after neighbourhoods. This exceptional asset has undergone a full-scale transformation, effectively delivering near-new construction quality, while preserving the charm of its historic exterior. The building was stripped down to the front and side façades, with the stonework carefully dismantled and reinstalled. The entire structure and envelope were rebuilt, including new floor joists on every level. The property totals 12 spacious 2-bedroom / 2-bathroom (4.5) suites--a layout that has become increasingly rare in today's multifamily market. All units have been renovated to the highest quality standards, featuring chic, modern finishes, and new appliances, offering a premium and highly desirable tenant experience. From an investment perspective, the asset offers significant upside potential, as current rents are below market. Ideally located steps from the Atwater Market and off Notre-Dame Ouest, a dynamic commercial corridor with strong foot traffic, the property offers excellent transit access, including nearby Lionel-Groulx and Place-Saint-Henri metro stations and quick connectivity to Highways 15 and 20 via the Atwater Underpass. Tenants pay all utilities, including heating and hot water. This is a rare opportunity to acquire a low-maintenance, institutional-grade multifamily asset in an A+ urban location, offering long-term stability, and quality tenants, and long-term growth potential.