Sell an income property needing renovation or as-is — without fixing a thing
Roof needing replacement, foundation, outdated plumbing or electrical, water damage, non-compliant building, dated units? ImmoMulti buys your plex or multi-unit building in its current condition, anywhere in Québec. No renovation, no cleanup on your part. We assess based on potential and take on all the work — firm offer within 48 h.
Major repairs · Known defects · Non-compliant · Below-market rents · 2 to 80+ units
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You repair nothing, you clean nothing
ImmoMulti's promise for a property needing renovation is simple: you sell in the exact condition the building is in today. No work to finish before the sale, no remediation, no clearing out. We take over all the work after signing.
No renovation required
Roof, windows, bathroom, kitchen, cladding: you touch nothing. We price the work ourselves and factor it into the offer. Repositioning a building is our business.
No cleanup required
No deep cleaning, no home staging, no clearing out the basement or a cluttered unit. You leave the building as-is, with whatever is in it at the time of sale.
No open-house showings
A building in poor condition doesn't need to be paraded in front of dozens of buyers and curious neighbours. A single technical walk-through by our team is enough. Discreet, no sign, no public listing.
Whether the building is partially renovated, an abandoned project, with a vacant un-remediated unit or a difficult tenant in place, we buy. You stop spending money on a building you want to leave — you transfer it as-is and collect your proceeds.
The properties needing renovation and in poor condition that we look for
ImmoMulti is above all an owner-operator: our business is acquiring income properties with potential and bringing them back to value. The more work a building needs, the less likely it is to find a buyer elsewhere — and the more it interests us. Here are the situations we deal with every day.
Roof, foundation, structure
End-of-life roof, foundation cracks, weeping tile, water infiltration, structural issues: we price the work ourselves and factor it directly into the offer.
Non-compliant plumbing & electrical
Lead or cast iron pipes, undersized electrical service, fuse panels, knob-and-tube wiring: issues that scare off traditional buyers — but not us.
Water damage, mould, vermin
Sewage backup, recent or past water damage, mould, habitability or insulation issues: we take the building with its problems and deal with them after purchase.
Non-compliant building, municipal work order
Non-compliant basement unit, unpermitted addition, municipal notice or work order: exactly the kind of case where a bank-financed buyer is blocked. Not us.
Dated units, below-market rents
Units never renovated, rents frozen well below market, poorly maintained leases: we evaluate the potential once the building is repositioned, and you change nothing before selling.
From a plex to a large multi-unit
Duplex, triplex, quadruplex, plex, large building or full portfolio: regardless of size, if the building needs some love, it's in our target.
Our priority is to acquire high-potential income properties on the North Shore, in the Laurentides and in Greater Montréal — regardless of condition, level of repairs needed or your situation: landlord burnout, estate, a building that has become too much to manage, or a need for quick liquidity. Describe your building and we'll get back to you within 48 h.
Non-compliant building, known defects, major repairs: no problem
In Québec, selling a building with known defects can feel daunting: the legal warranty of quality (article 1726 of the Civil Code) worries many owners, and many buyers back out the moment an inspector flags a foundation issue, outdated electrical, or water damage.
Our approach is different. You disclose what you know — that's healthy and in your interest — and we factor these elements into our offer once, upfront. Because we are informed buyers who already understand the building's condition, the transaction is structured accordingly with your notary. No unpleasant surprises, no hidden-defect recourse hanging over you for years after the sale.
Sell an income property as-is or needing renovation in Québec — direct buyer
Looking for who buys a property needing renovation or a plex in poor condition in Québec without forcing you through months of repairs? ImmoMulti is a direct buyer that acquires your duplex, triplex, quadruplex, plex or large multi-unit building as-is: no renovation, no cleanup, no repairs on your part. A building with major repairs needed (roof, foundation, plumbing, electrical), water damage, mould, known defects or non-compliant status is often impossible to finance for a regular buyer — the bank refuses to lend, especially on a building subject to a municipal work order. The result: a traditional sale drags on for months or fails entirely.
By dealing directly with an owner-operator, you bypass that roadblock. We evaluate your building based on its potential, not just its current condition, we take on all the work, and we deliver a firm offer within 48 h — with no renegotiation after the inspection. Whether you are on the North Shore, in the Laurentides or in Greater Montréal, you can sell your income property quickly — even the one everyone else calls "unsellable."
Why an investor pays more than a flipper for a property needing renovation
For a property needing renovation, three types of buyers come forward. The highest offer on paper often comes from the flipper — but it is almost always the one that leaves you the least once the dust settles. Here is the difference between the listed price and the final price.
- Attractive opening offer (~$2,050,000), cut as soon as the inspection reveals the work needed
- Must buy low to generate a quick resale margin
- Every defect found becomes leverage to push the price down
- Often avoids high-capex buildings or heavily discounts the repair risk
- 90 to 120 day timelines, heavy process, multiple contacts
- Revocable financing conditions
- We evaluate based on post-renovation potential, not just the current condition
- We hold the building 10–20 years: no flip margin to finance
- Condition already factored in = no renegotiation after signing
Illustrative example. The flipper discounts the resale margin and renegotiates after the inspection; the long-term buyer pays for potential and does not renegotiate. The actual price depends on income, repairs and condition — calculate your estimate below.
A property needing renovation doesn't mean a discounted price
A conventional all-cash sale heavily penalizes a property needing renovation, because the buyer discounts the repair risk. By dealing directly with an owner-operator, we can build a tailored transaction: creative structures that often allow us to pay you more than a traditional sale would have yielded — while also optimizing your tax position.
We pay for potential, not the worst-case scenario
Because we hold the building 10 to 20 years, we evaluate what it will be worth once repositioned — rents brought to market, work completed. We don't need to compress the price to generate a resale margin like a flipper.
Vendor take-back mortgage (seller financing)
You can finance a portion of the sale and collect interest. On a property that is difficult to finance through a bank, this often unlocks a higher sale price and a simpler, faster closing.
Instalment sale to spread the tax
By spreading proceeds over several years (capital gain reserve), it is possible to spread your capital gain and reduce your marginal rate — keeping more net rather than being taxed all at once.
Transaction structured with your advisors
For a building with known defects or non-compliant status, we work with you, your accountant and your notary to structure the sale (terms, disclosure, closing date) clearly and with no blind spots.
These strategies depend on your situation and are always validated with your own advisors (accountant, tax specialist, notary). ImmoMulti does not provide tax or legal advice — this information is provided for general guidance only.
Selling a property needing renovation to ImmoMulti is simple and worth it
Everything that complicates selling a building in poor condition disappears. You deal with a single contact, from the first call through to the notary.
Sold as-is
No renovation, no cleanup, no repairs. We buy the building in its current condition, with all its defects.
A price that doesn't move
The condition is already priced into the offer. No surprise renegotiation after the inspection, no last-minute cut because we "found" a problem.
Firm offer within 48 h
You send us your figures and what you know about the condition; we deliver a firm proposal in two days. Closing in 30 to 45 days, at your pace.
Zero commission
No broker, so no 4% to 7% commission. On a $2,000,000 building, that's up to $120,000 that stays with you.
We unlock the "unsellable"
Building refused by banks, under a work order, with water damage: our financing is already confirmed, so the sale doesn't fall through for lack of a loan.
A Québec-based buyer
We know the North Shore, Laurentides and Greater Montréal markets. Confirmed financing and a straightforward relationship, from the first call to the notary.
How much brokerage commission would cost you
Slide to your estimated sale price. See what a broker would take — and everything you keep by selling directly to ImmoMulti.
Estimate based on a 5% brokerage commission + GST/QST (14.975%) on the commission. Commissions are negotiable and vary (often 4% to 7%). For illustrative purposes only.
From first contact to closing, in 6 steps
Selling a property needing renovation shouldn't be a nightmare. Our off-market process is discreet and straightforward: no sign, no public listing, no open-house showings. Here is exactly how we buy your building as-is, from the first contact through to the notary.
We receive your information
You share the basics: area, number of units, income and expenses, leases, and most importantly what you know about the condition (work to plan for, known defects, non-compliance). Everything stays confidential.
Analysis based on potential
Our team evaluates the actual net income (NOI) and the post-renovation potential. We price the required work ourselves and factor it into the offer — not a flipper's cut-rate price.
We send you an offer
You receive a written, firm purchase offer, clear and with no obligation, that already accounts for the building's condition. Discreet transaction: no one needs to know the building is for sale.
Offer accepted
If the offer suits you, we sign the purchase agreement. The accepted price is the price paid — no renegotiation because an inspection confirmed what we already knew. You choose the closing date.
Financing confirmed
We handle financing, already confirmed (down payments and banking relationships established). No financing condition to sink the sale — the decisive advantage for a building a standard bank would refuse.
Notary & closing
We finalize at the notary: transfer officially registered, your funds disbursed. We take over the building as-is, tenants and active leases included. Closing in 30 to 45 days, or later if you prefer.
Selling a property as-is or needing renovation — your answers
Yes. ImmoMulti buys your building in its current condition, as-is. You do no renovation, no repairs and no remediation before the sale. We handle all the work ourselves after closing — repositioning income properties is our business. All you need is to gather the leases and the revenue/expense figures for the past 12 months.
No. No home staging, no deep cleaning, no clearing out. You can leave a unit in poor condition, a cluttered basement or a vacant unrenovated unit. We buy the building as-is, with whatever is in it at the time of sale. No open-house showings required.
Yes. Major repairs needed (roof, foundation, plumbing, outdated wiring such as knob-and-tube or fuse panels), water damage, mould, inadequate insulation, non-compliant installations, defects you are aware of: we factor all of these into our assessment rather than using them as grounds for refusal. You disclose what you know, we account for it once — at the time of the offer.
We assess the building (usually a technical walk-through by our team) to understand the upcoming work and price our offer accordingly. Because we are owner-operators and not mere resellers, the inspection confirms our renovation plan — not a pretext to cut the price at the last minute.
No. That is the key difference. Because we already account for the actual condition and the required work in our initial offer, there is no aggressive renegotiation after the inspection. The accepted price is the price paid at the notary. You will not experience the classic scenario of an inflated opening offer cut by $100,000 once the purchase agreement is signed.
A flipper needs to generate a quick resale margin: they buy low, renovate, then resell within a few months, so they discount the price heavily. ImmoMulti holds the building 10 to 20 years and evaluates it based on its future rental potential, not just its current condition. With no resale margin to finance and no brokerage commission to pay, the net amount in your pocket is often higher — even for a challenging property.
You receive a firm offer within 48 h. If it suits you, closing at the notary typically happens in 30 to 45 days. A property needing renovation, non-compliant, or under a municipal work order is often impossible to finance for a traditional buyer (the bank refuses), which can drag a conventional sale on for months. With a buyer whose financing is already confirmed, the sale moves quickly even for a property deemed "unsellable" elsewhere.
Yes, that is exactly the type of building we look for. Rents frozen below market, dated units, management that has become burdensome, poorly maintained leases: we evaluate the building's potential once repositioned. You do not need to raise rents, renovate the units, or resolve the situation before selling — we take the building as-is, with tenants in place.
ImmoMulti buys income properties needing renovation or in poor condition throughout the North Shore (Rive-Nord) of Montréal, the Laurentides and Greater Montréal. From a duplex to a large 80+ unit building, regardless of condition. Describe your building and receive an offer within 48 h.
Receive an offer for your property needing renovation — sold as-is
Thinking about selling an income property that needs renovation, is in poor condition or is non-compliant — quickly and without fixing anything? Talk to our team. No obligation.
Send us a message — we get back to you within 48 h, no obligation.
Send a message →Confidential · No obligation · No fees
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Receive a firm purchase offer within 48 h. Sold as-is, no repairs, no brokerage fees, total confidentiality — throughout the North Shore, the Laurentides and Greater Montréal.
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