502 Rue Pierre-Paul

2
Bedrooms
1
Bathrooms
$1,299,900
price

Great 6 unit investment opportunity in central Repentigny! Generating $67,044 in stable annual gross revenue with quality tenants that make it easy to manage and clear optimization potential exceeding $90,000+. Features 6 spacious, bright "condo-style" 4½ units with large bedrooms. Major capital upgrades completed: roof redone in 2020 and windows replaced in 2019. All tenants pay their own heating and electricity. Includes 8 outdoor parking spots. A+ location walking distance to schools, parks, shopping centers, transit, and A40/A640 access!

Additional Details

502 Rue Pierre-Paul | 6
-Plex Investment in Repentigny full of potential!

**Pictures to come by Friday**

Introducing 502 Rue Pierre-Paul, a great 6-plex multi-family property delivering immediate stable income paired with massive upside potential in the heart of Repentigny. Generating $67,044 in current annual gross revenue, the property offers a straightforward path to $90,000+ per year as leases adjust to market rates. The building consists of six large, sunlit "condo-style" 4½ units featuring well-proportioned bedrooms, functional open living areas, and private balconies.

Built with quality engineering, 1 to 2 inches of poured concrete separates each floor, offering tenant soundproofing. Management is streamlined and low-cost, as every unit is individually metered with tenants paying their own heating and electricity. Major capital improvements provide total peace of mind, highlighted by a new roof installed in 2020 and new windows completed in 2019. The lot includes 8 dedicated outdoor parking spaces for tenants and guests.

The LocationCommanding an A+ location in a high-demand residential neighborhood of Repentigny (Le Gardeur), this property boasts an unbeatable setting for long-term tenant retention. Residents enjoy immediate walking access to everyday necessities, including local grocery stores, pharmacies, bakeries, primary and secondary schools, daycares, and neighborhood parks.

For commuters, the location is ideal: minutes from express bus routes connecting directly to local hubs, quick driving access to the Repentigny EXO commuter train station, and fast vehicular connectivity via Highways 40 and 640. It represents a turn-key, high-performing asset for both seasoned multi-residential investors and buyers looking to grow a reliable real estate portfolio.

Included in the sale

Any equipment necessary for the proper operation of the building

Excluded in the sale

All personal belongings of the tenants.

Location

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Room Details

Assessment, taxes and other costs

Municipal taxes $11,011
School taxes $703
Municipal Building Evaluation $668,400
Municipal Land Evaluation $327,900
Total Municipal Evaluation $996,300
Evaluation Year 2026

Building details and property interior

Cupboard Wood, Melamine
Heating system Electric baseboard units
Water supply Municipality
Heating energy Electricity
Windows Aluminum, PVC
Foundation Poured concrete
Proximity Restaurants, Coffee shops, Groceries, Pharmacies., Highway, Golf, Hospital, Park - green area, Bicycle path, Elementary school, High school, Public transport
Siding Aluminum, Brick
Basement Seperate entrance, Finished basement
Parking Outdoor
Sewage system Municipal sewer
Landscaping Landscape
Window type Sliding
Roofing Asphalt shingles
Topography Flat
Zoning Residential

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Contact the listing broker(s)

Gerlando Baronello

Residential & Commercial Real Estate Broker

gerlando@groupebaronello.com

514.885.8346