217 Rue Rielle, Montréal (Verdun, QC H4G

$1,775,000

3 Bedrooms
1 Bathrooms
MLS: 19570713

Potential gross revenue

$113,712

Description

Magnificent 6-unit income property located in the heart of Verdun. This well-maintained building offers an excellent investment opportunity with potential gross annual revenues of $105,000. The apartments feature functional, sought-after layouts that support strong tenant appeal and stable occupancy. Ideally situated near shops, restaurants, parks, schools, public transit, and the waterfront, this is a quality asset in one of Montreal's most desirable neighbourhoods.

Municipal land valuation

$410,900

Municipal building valuation

$695,800

Addenda

The 217-227 Rielle Street represents an excellent
investment opportunity in the heart of Verdun, a
neighbourhood renowned for its strong rental demand,
quality of life, and close proximity to downtown Montreal.

This well-maintained six-unit income property offers
potential gross annual revenues of $105,000. The apartments
feature functional and desirable layouts, contributing to
strong tenant retention and excellent income potential.

Location is one of the property's greatest assets. Situated
in a vibrant and highly sought-after area, it enjoys quick
access to shops, restaurants, cafés, schools, parks, and
essential services. The neighbourhood attracts a diverse
tenant base, including professionals, young families, and
students, helping to sustain long-term rental demand.

The property's proximity to public transportation, major
thoroughfares, and downtown Montreal ensures outstanding
accessibility. Residents also benefit from nearby parks,
green spaces, and access to the banks of the St. Lawrence
River.

INVESTMENT OPPORTUNITY

This property is particularly well suited for:

Investors seeking a stable income-producing property in a
high-demand area
Buyers looking to diversify their real estate portfolio
Investors capitalizing on the continued appreciation of the
Verdun real estate market
Owners seeking an asset that combines cash flow with
long-term value growth

NEARBY AMENITIES

Transportation & Mobility
Quick access to public transit, bike paths, and major
transportation routes.

Shops & Services
Grocery stores, restaurants, cafés, pharmacies, and a wide
range of neighbourhood services nearby.

Parks & Recreation
Numerous parks, recreational facilities, and easy access to
the St. Lawrence River waterfront.

VERDUN AREA

Verdun is recognized as one of Montreal's most desirable
neighbourhoods, appreciated for its welcoming atmosphere,
thriving commercial activity, and proximity to downtown.
This is an opportunity to acquire a quality income property
in a prime location offering immediate revenue and strong
long-term growth potential.

Show details

BUILDING
Type
Style	Attached
Dimensions	0x0
Lot Size	3051 PC

EXPENSES
Municipal Taxes (2026)	$ 6523 / year
School taxes (2025)	$ 769 / year

CHARACTERISTICS
Proximity	Bicycle path, Cegep, Daycare centre, Elementary school, Golf, High school, Highway, Hospital, Park - green area, Public transport
Topography	Flat
Sewage system	Municipal sewer
Water supply	Municipality
Zoning	Residential

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This property is presented in collaboration with RE/MAX DYNAMIQUE INC