$4,499,000

Lot (residential) for sale - Salaberry-de-Valleyfield

$4,499,000

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$4,499,000

Lot (residential) for sale - Salaberry-de-Valleyfield

$4,499,000

Boul. du Bord-de-l'Eau, Salaberry-de-Valleyfield, J6S 0A8

Exceptional opportunity for investor and contractor, one of the only available land located in front of the river with a view of the water. Residential project with license approved by the city and ready to build now.

  • Lot area : 299,382 SF
MEHDY KHOUYA
Residential Real Estate Broker
Addenda
Particularities plus Particularities minus

Exceptional opportunity for investor and contractor, one of the only available land located in front of the river with a view of the water. Residential project with license approved by the city and ready to build now. More real estate investments are currently underway in this city which will bring even more values for this project. Construction plans approved by the city for 156 dwellings (5 and a half) including 52 triplex semi-detached. Several grants may be eligible for the future purchaser such as: 1-The Financing Program for Affordable Housing: www.cmhc.ca/initialfunding. The program consists of financial assistance in the form of a contribution and / or interest-free loan to carry out activities related to the development of a residential rental project or owner-occupant.
2-Loan Insurance Loan Insurance Loan Program: Loan cost up to 95% for new construction. 3- The Rental Housing Financing Initiative: www.cmhc.ca/initiativefinancing Offers low-cost loans to help build rental housing across Canada. It supports the construction of sustainable apartment buildings in areas where there is a need for more rental housing. The initiative comes with a total envelope of $ 3.75 billion in loans and is in effect from 2017 to 2021.
4-Affordable Rental Housing Innovation Fund: www.cmhc.ca/innovationfunds The Innovation Fund aims to encourage new financing models and innovative construction techniques for rental housing. Note that the new purchaser will have to inquire with these organizations for more specific information.
Excellent project for a real estate park at his real estate portfolio.
Located at the edge of the water facing the river.
See plans available as attachments.

Lot and exterior features
Particularities plus Particularities minus

1,028' X 366'

299,382 SF

Flat

View of the water

Highway , CEGEP , Daycare centre , Hospital , Park , Bicycle path , Elementary school , High school , Cross-country skiing

Residential , Multifamily

Characteristics
Particularities plus Particularities minus

Municipality

Municipality

Financial details
Particularities plus Particularities minus
Assessment (2019)
Taxes
IN THE AREA
NEIGHBOURHOOD STATISTICS
  • Statistics Person living alone
  • Statistics Families with children
  • Statistics Families with no children
  • 30.2%
  • 25.6%
  • 10.1%
  • 23.0%
  • 3.2%
  • 46.7%
  • 4.9%
  • 20.3%
  • 27.3%
  • 0.0%
UnilingualFrench UnilingualEnglish Bilingual(fr/en) Other 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
  • Statistics Household
  • Statistics Individual
  • Statistics Owners
  • Statistics Renters
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MEHDY KHOUYA
Residential Real Estate Broker
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Boul. du Bord-de-l'Eau, Salaberry-de-Valleyfield

$4,499,000