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Income properties for sale
3375, Rue Gélineau, Longueuil (Saint-Hubert)
$2,500,000
$2,500,000
Income properties for sale
3375, Rue Gélineau, Longueuil (Saint-Hubert)
Features
Use of property
Residential
Year built
1978
Building area (at ground level)
2,127 sqft
Lot area
8,190 sqft
Parking (total)
Driveway (12)
Number of units
Residential (8)
Residential units
8 x 5 ½
Potential gross revenue
$151,561
Additional features
Near the REM
Description
3375 Rue Gélineau presents a prime 8-unit multifamily opportunity in Saint-Hubert, a thriving sector of Longueuil. With 8 spacious apartments, each exceeding 1,000 sq.ft., and featuring modern conveniences like private parking, storage lockers, and washer/dryer hookups, the property appeals to quality tenants. Five units have been renovated, and the remaining rents offer significant upside potential. Tenants pay their electric heating and hot water. Located near parks, schools, hospitals, and shopping, this investment combines stability and growth. The asset is also eligible for CMHC's advantageous MLI Select financing program.
Centris No. 9740648
Financial details
| Municipal assessment (2025) | |
|---|---|
| Lot | $342,400 |
| Building | $1,141,100 |
| Total | $1,483,500 |
| Taxes | |
|---|---|
| Municipal (2025) | $10,837 |
| School (2025) | $1,047 |
| Total | $11,884 |
| Expenses | |
|---|---|
| Electricity | $969 |
| Insurance | $3,841 |
| Superintendent | $1,720 |
| Maintenance | $4,880 |
| Management/Administration | $6,248 |
| Internet | $360 |
| Total | $18,018 |
See all financial details
