LiveMLS 11123691CMHC / MLI Select

6540 Av. Papineau · 6-unit multifamily

Montréal, QC · 6-unit multifamily · 6 units

$599,000listed

Price at 5.75% cap

Montreal market brief →

RentCapPrice/door

Score

DSCR

Cash to close

All-in with reserves

Create a free account Sign inGoes to the AssetAvenue team. We reply by email, usually within a business day.View on Realtor.caLast seen on Realtor.ca Oct 9

What this listing is

6540 Av. Papineau is a 6-unit multifamily in Montréal, QC, asking $599,000 — $99,833 per door.

That sits below the Montreal band of $190k - $340k per door. Montreal cap rates screen 4.8% - 6.2% and average rent runs about $1,850 a door.

At 6 units this is a commercial file: five or more units can be underwritten for CMHC MLI Select, where energy, affordability, and accessibility points decide the tier and the leverage. Below that tier the insured stack you modeled may not exist.

The Montreal desk underwrites vacancy at 2% - 3.5% and operating expenses at 34% - 44% of gross rent.

Asking price: $599,000
Units: 6 units
Property type: 6-unit multifamily
Location: Montréal, QC
Price per door: $99,833
Montreal cap band: 4.8% - 6.2%
Montreal average rent: $1,850

The underwrite — investment score, cap rate on the real rent roll, DSCR at the qualifying rate, cash to close, and the price at a 5.75% cap — opens with a free account.

MLS®, Multiple Listing Service® and REALTOR® are trademarks of The Canadian Real Estate Association (CREA). AssetAvenue is not affiliated with CREA or Realtor.ca and is not a real estate brokerage. Listing details come from public listings and may be out of date — confirm them with the listing brokerage before relying on them.