$6,500,000
ULS: 21819531
16+-Plex
for sale
105 - 109 Rue François-Branchaud, Beauharnois (Maple Grove)
18-Plex: Three 6-Plexes for sale in Beauharnois (Built in 2018) High-quality property generating an effective gross income of $302,844. Strong optimization potential as rents are currently below market value. All units are occupied with stable tenants. Excellent management and maintenance. Well-maintained building with modern systems. Ideal for real estate portfolio expansion. Favorable financing available (mortgage assumption). Located in a highly sought-after residential area. Inquiries welcome. Heating and electricity paid by tenants. All units are 5 1/2 with 2 parking spaces each and a private park on the lot.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Property features
3
Bedrooms
1
Bathroom
SIMON LEMAY
Certified real estate broker
Addendum
EXECUTIVE SUMMARY
Purchase Price: $6,500,000
Number of Units: 18
Gross Income: $302,844
Total Expenses: $85,675
Expense Ratio (/ EGI): 29.2%
Net Operating Income (NOI): $208,084
Debt Service Coverage Ratio (DSCR): 1.10
Cash Flow Before Taxes: $18,917
Cash-on-Cash Return: 0.7%
Total Return (Year 1): 6.8%
Full financial analysis available upon request.
All 18 units are large 5 1/2 apartments offering ample living space. Luxurious condo-style apartments featuring elegant and modern finishes. Each unit includes 2 private outdoor parking spaces.
Wall-mounted air conditioning in all units.
Each apartment features a bathroom with a separate shower and bathtub. Spacious kitchens with high-end cabinetry and recent appliances. High-quality laminate wood and ceramic flooring. Private balcony or terrace depending on the unit's location.
Private landscaped park with amenities and a playground on the premises.
INVESTOR BENEFITS
Substantial optimization potential as current rents are below market value. Significant revenue growth potential. High-quality building constructed in 2018 requiring minimal renovations.
Fully stabilized property with high-quality tenants and steady income. A rare property on the market. Serious investors only. Professional presentation available upon request.
Purchase Price: $6,500,000
Number of Units: 18
Gross Income: $302,844
Total Expenses: $85,675
Expense Ratio (/ EGI): 29.2%
Net Operating Income (NOI): $208,084
Debt Service Coverage Ratio (DSCR): 1.10
Cash Flow Before Taxes: $18,917
Cash-on-Cash Return: 0.7%
Total Return (Year 1): 6.8%
Full financial analysis available upon request.
All 18 units are large 5 1/2 apartments offering ample living space. Luxurious condo-style apartments featuring elegant and modern finishes. Each unit includes 2 private outdoor parking spaces.
Wall-mounted air conditioning in all units.
Each apartment features a bathroom with a separate shower and bathtub. Spacious kitchens with high-end cabinetry and recent appliances. High-quality laminate wood and ceramic flooring. Private balcony or terrace depending on the unit's location.
Private landscaped park with amenities and a playground on the premises.
INVESTOR BENEFITS
Substantial optimization potential as current rents are below market value. Significant revenue growth potential. High-quality building constructed in 2018 requiring minimal renovations.
Fully stabilized property with high-quality tenants and steady income. A rare property on the market. Serious investors only. Professional presentation available upon request.
Building details and property interior
Dimensions
54' 4" X 55' 3"
Year constructed
2018
Windows
PVC
Window Type
Sliding, Casement
Siding
Brick, Pressed fibre, Vinyl
Roofing
Asphalt shingles
Dividing Floor
Wood
Bathroom
Separate shower
Basement
Outdoor entrance, Finished basement, 6 feet and more
Lot and exterior features
Lot size
100' 3" X 263' 8"
Lot area
3,636 m²
Topography
Flat
Driveway
Double width or more, Asphalt
Parking (total)
Driveway (36)
Proximity
Daycare centre, Elementary school, High school, Public transportation, Highway
Characteristics
Heating System
Convection baseboards, Electric baseboard units
Heating Energy
Electricity
Property or unit amenity
Wall-mounted air conditioning, Air exchange system
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2026)
- Lot assessment
- $ 591,300
- Building assessment
- $ 3,747,100
- Total
- $ 4,338,400
Taxes
- Municipal (2026)
- $ 34,739
- School (2026)
- $ 2,807
- Total
- $ 37,546
Annual expenses
- Insurance
- $ 14,872
- Total
- $ 14,872
Gross annual revenues (potential)
- Residential
- $ 302,844
- Total
- $ 302,844
Inclusions and exclusions
Inclusions
AC wall units x 18
Mortgage payment calculator
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This document is not an offer or a promise that may bind the seller, but is an invitation to submit such offers or promises.