$7,500,000
ULS: 13566136
16+-Plex for sale - Ormstown
1209 - 1213 Rue du Marais, Ormstown
INCOME PROPERTIES Located in Ormstown in the Outardes area REAL ESTATE PORTFOLIO totaling 30 dwellings (5 x 6 dwellings) Asking price: 7.5 million Total potential gross revenue as of December 19th, 2023: $447,600 Ratio of 16,8 X income **The building must be sold with 1209 rue du Marais, 1211 rue du Marais, 1213 rue du Marais, 1216 rue de la Vallée and 1220 rue de la Vallée Ormstown. Great business opportunity! Recent construction! Located 5 minutes from Highway 530, 40 minutes from Montreal and 20 minutes from Valleyfield.
Living area
1,180 ft²
MYLÈNE THERRIEN
Residential and Commercial Real Estate Broker
RE/MAX DEFI (1996)
Addendum
Prestigious income properties for sale in the popular La Vallée des Outardes housing project in Ormstown.
Income properties include 5 independent buildings of 6 units each with individual entrance, 2 parking spaces per unit, outdoor shed, indoor storage and private balcony. These 2020-2022 constructions are turnkey, with complete earthworks, asphalt entrance and paving parking lots, individual sheds for each dwelling lined with river stones and cement sidewalks. The 30 doors are rented. We have a very reliable handyman (janitor) on site who lives in one of the units. Each unit has wall-mounted air conditioning, 2 parking spaces per unit, 8' x 16' covered terrace, central vacuum included and accessories, quality cabinets up to the ceiling, thicker commercial type floating floor, ceramic kitchen hall entrance and bathroom . 1180 sf open air style. These are beautiful luxurious accommodations.
The 5 Buildings with 6 dwellings must be sold together for the 30 dwellings.
1209 Du Marais Ormstown
1211 Du Marais Ormstown
1213 Du Marais Ormstown
1216 De la Vallée Ormstown
1220 De la Vallée Ormstown
Income properties include 5 independent buildings of 6 units each with individual entrance, 2 parking spaces per unit, outdoor shed, indoor storage and private balcony. These 2020-2022 constructions are turnkey, with complete earthworks, asphalt entrance and paving parking lots, individual sheds for each dwelling lined with river stones and cement sidewalks. The 30 doors are rented. We have a very reliable handyman (janitor) on site who lives in one of the units. Each unit has wall-mounted air conditioning, 2 parking spaces per unit, 8' x 16' covered terrace, central vacuum included and accessories, quality cabinets up to the ceiling, thicker commercial type floating floor, ceramic kitchen hall entrance and bathroom . 1180 sf open air style. These are beautiful luxurious accommodations.
The 5 Buildings with 6 dwellings must be sold together for the 30 dwellings.
1209 Du Marais Ormstown
1211 Du Marais Ormstown
1213 Du Marais Ormstown
1216 De la Vallée Ormstown
1220 De la Vallée Ormstown
Building details and property interior
Dimensions
51' 4" X 46' 3" irr.
Year constructed
2020
Living area
1,180 ft²
Windows
PVC
Window Type
Casement
Siding
Brick, Vinyl
Roofing
Asphalt shingles
Dividing Floor
Concrete
Kitchen Cabinets
Melamine
Basement
Finished basement, Outdoor entrance, 6 feet and more
Lot and exterior features
Lot size
83' 9" X 130' 8" irr.
Lot area
1,165.60 m²
Topography
Flat
Distinctive Features
Street corner
Driveway
Asphalt
Parking (total)
Driveway (60)
Proximity
CEGEP, Daycare centre, Hospital, Elementary school, Highway
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Property or unit amenity
Wall-mounted air conditioning, Central vacuum cleaner system installation, Fire detector (N), Air exchange system
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2023)
- Lot assessment
- $ 75,100
- Building assessment
- $ 652,400
- Total
- $ 727,500
Taxes
- Municipal (2023)
- $ 59,344
- School (2023)
- $ 5,917
- Total
- $ 65,261
Annual expenses
- Insurance
- $ 18,833
- Superintendent
- $ 15,600
- Snow removal
- $ 6,278
- Maintenance
- $ 3,852
- Total
- $ 44,563
Gross annual revenues (potential)
- Residential
- $ 446,400
- Total
- $ 446,400
Inclusions and exclusions
Inclusions
Central vacuum and its accessories, light fixtures, wall-mounted air conditioning, stove hood, shed.
Exclusions
Tenants' property.
Mortgage payment calculator
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