Place Hurteau Portfolio_Property for Sale
Place Hurteau Portfolio_Property for Sale

Place Hurteau Portfolio

313 Rue Hurteau, Dollard-des-Ormeaux, QC, H9G 2L7, CA

Asset Description

Place Hurteau presents the opportunity to acquire a family orientated, ≈6.2 acre, townhome complex set within the residential node of Dollard-des-Ormeaux. The vast Property is comprised of 100 rental townhomes made up of large suites comprising of two-bedroom suites, three-bedroom suites and four-bedroom suites. The Portfolio presents a significant value-add opportunity with a 82% Gap-to market on current rents and the opportunity to densify the site with an already approved project of additional units.

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Attributes

Number of units
100
Year built
1975
Building area net
135,030 sf
Land area gross
270,697 sf

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Investment Highlights

Exceptional value-add opportunity: 82% market gap on rents, 6.2 acres for densification, approval for 7-8 story developments in DDO.

Prime location: Close to services, amenities, and transit in Dollard-des-Ormeaux. 15 min walk from Fairview Shopping Center.

Spacious suites: Family-friendly layouts over three floors, in-suite laundry, private terraces, indoor parking.

Community atmosphere: 270k SF of land, renovated pool, landscaping, fences, security systems.

Asset quality: Proactive maintenance, $4.7M invested since 2022 in capital projects (new roofs, landscaping, doors, windows, security).

Place Hurteau Portfolio 4_Property for Sale
Place Hurteau Portfolio 4_Property for Sale

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Place Hurteau Portfolio (0 Properties)

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Last updated
18 Feb 2025