Multifamily
ID 697272ExclusiveNorgate Apartments
1200-1595 Decarie Street & 1205-1595 Ouimet Street,
Montreal, H4L 3N4
Please contact us
- Space available20 ac
Michael Betsalel
Executive Vice President, Capital Markets, Multifamily
Agent details
Earl Kufner
Executive Vice President
Agent details
- Summary
- Location
- Brochures
- Agents
Summary
JLL is pleased to present the unique opportunity to acquire Norgate Apartments, 1,108 suites across 74 buildings on 20 acres of land in Montreal, Quebec. An exceptional investment opportunity in the heart of Ville Saint-Laurent, the property offers a unique chance to acquire a large-scale, contiguous multifamily complex in the Greater Montreal Area (GMA).
The Norgate Apartments are centered within an amenity-rich neighbourhood and the second largest employment hub in the GMA, with easy access to public transit, including the Cote-Vertu Metro terminal and REM Bois-Franc station. The future redevelopment of this site holds immense potential given the complex’s position within a densely populated and well-serviced location.
Norgate Apartments encapsulates a rare convergence of scale, upside potential, and strategic positioning, making it a compelling addition to any investment portfolio.
Highlights
- Amenity-Rich Neighbourhood with Excellent Transit Access
- Second Largest Employment Hub in the GMA
- Value Creation Opportunity: Substantial Rental Upside through Suite Turnover
- Stabilized and Repositioned – Substantial Capex & Cosmetic Investments
- Assumable Favourable CMHC Insured Debt
- Sprawling 20-Acre On-Island Site with Future Redevelopment Potential
For more information, please fill out the Confidentiality Agreement HERE.
The Norgate Apartments are centered within an amenity-rich neighbourhood and the second largest employment hub in the GMA, with easy access to public transit, including the Cote-Vertu Metro terminal and REM Bois-Franc station. The future redevelopment of this site holds immense potential given the complex’s position within a densely populated and well-serviced location.
Norgate Apartments encapsulates a rare convergence of scale, upside potential, and strategic positioning, making it a compelling addition to any investment portfolio.
Highlights
- Amenity-Rich Neighbourhood with Excellent Transit Access
- Second Largest Employment Hub in the GMA
- Value Creation Opportunity: Substantial Rental Upside through Suite Turnover
- Stabilized and Repositioned – Substantial Capex & Cosmetic Investments
- Assumable Favourable CMHC Insured Debt
- Sprawling 20-Acre On-Island Site with Future Redevelopment Potential
For more information, please fill out the Confidentiality Agreement HERE.
Location
Agents
Michael Betsalel
Executive Vice President, Capital Markets, Multifamily
Agent details
Earl Kufner
Executive Vice President
Agent details