Income properties for sale
635, Avenue Marguerite-Bourgeoys, Québec (La Cité-Limoilou)
$2,000,000
$2,000,000
Income properties for sale
635, Avenue Marguerite-Bourgeoys, Québec (La Cité-Limoilou)
Features
Use of property
Residential
Year built
1950
Lot area
4,241 sqft
Number of units
Residential (8)
Residential units
3 x 3 ½, 2 x 4 ½, 3 x Loft/Studio
Potential gross revenue
$91,980
Description
8-unit apartment building (1½ to 4½ bedrooms) constructed of brick and stone, facing Cégep Garneau, in the sought-after Saint-Sacrement neighborhood. High-demand area with low vacancy rates. Separate meters--heating, electricity, and hot water billed to tenants--resulting in low operating costs. Rents below market rate: strong potential for value creation. Elastomeric membrane roof (2022), PVC windows. Potential eligibility for the APH affordability program (CMHC). Unbeatable location, a rare opportunity in Quebec City. Rent roll provided upon request.
Centris No. 26940008
Financial details
| Municipal assessment (2026) | |
|---|---|
| Lot | $320,000 |
| Building | $635,000 |
| Total | $955,000 |
| Taxes | |
|---|---|
| Municipal (2026) | $11,999 |
| School (2025) | $679 |
| Total | $12,678 |
| Expenses | |
|---|---|
| Electricity | $705 |
| Insurance | $4,320 |
| Total | $5,025 |
See all financial details