$599,000
New
ULS: 28066045
8-15-Plex
for sale
110 - 120 7e Avenue, Shawinigan (Grand-Mère)
For detailed income information, please contact the real estate broker at [email protected] or refer to Annex AG 18441. Heating and electricity are paid by the sellers.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Living area
475.30 m²
Property features
1
Bedroom
1
Bathroom
CATERINA BALLARO
Residential and Commercial Real Estate Broker
Addendum
Renovations and Property Features
Exceptional investment opportunity: recently renovated building comprising 4 spacious 5½ units and 5 studios, currently rented as rooms, apartments, and studios (see Annex G -- AG 18441).
Significant renovations have been carried out over the years to enhance both the quality and profitability of the property. The roof and front balcony were completely redone in 2024, while the rear balcony was replaced in 2022 (approx.). The porches and staircases have also been renovated, and 5 new studios were built, maximizing the building's rental potential.
Ideally located, the property benefits from a good walkability score, allowing tenants to complete many daily errands on foot while enjoying a convenient and pleasant living environment.
The completed renovations provide modern, comfortable, and functional living spaces, making this property an excellent turnkey investment, ready to generate income immediately.
Major renovations completed:
Roof redone in 2024
Porches and staircases renovated
Construction of 5 studios
Renovation of 4 residential units
Flooring redone in 2015
Front balcony replaced in 2024
Rear balcony replaced in 2022
Studio No. 1:
In 2026, the seller repaired the drywall and repainted the entire unit (work in progress)
Several defective thermostats are currently being replaced by the seller in 2026 (work in progress)
Plumbing and electrical systems were completely redone at the time of acquisition
Masonry was redone and repainted in 2024
Do not miss this unique opportunity to acquire a fully renovated building with strong rental potential and attractive returns.
Contact us today for more information or to schedule a visit.
Exceptional investment opportunity: recently renovated building comprising 4 spacious 5½ units and 5 studios, currently rented as rooms, apartments, and studios (see Annex G -- AG 18441).
Significant renovations have been carried out over the years to enhance both the quality and profitability of the property. The roof and front balcony were completely redone in 2024, while the rear balcony was replaced in 2022 (approx.). The porches and staircases have also been renovated, and 5 new studios were built, maximizing the building's rental potential.
Ideally located, the property benefits from a good walkability score, allowing tenants to complete many daily errands on foot while enjoying a convenient and pleasant living environment.
The completed renovations provide modern, comfortable, and functional living spaces, making this property an excellent turnkey investment, ready to generate income immediately.
Major renovations completed:
Roof redone in 2024
Porches and staircases renovated
Construction of 5 studios
Renovation of 4 residential units
Flooring redone in 2015
Front balcony replaced in 2024
Rear balcony replaced in 2022
Studio No. 1:
In 2026, the seller repaired the drywall and repainted the entire unit (work in progress)
Several defective thermostats are currently being replaced by the seller in 2026 (work in progress)
Plumbing and electrical systems were completely redone at the time of acquisition
Masonry was redone and repainted in 2024
Do not miss this unique opportunity to acquire a fully renovated building with strong rental potential and attractive returns.
Contact us today for more information or to schedule a visit.
Building details and property interior
Dimensions
40' 5" X 42' 6"
Year constructed
1910
Living area
475.30 m²
Windows
Aluminum
Window Type
Sliding
Siding
Brick
Roofing
Asphalt shingles
Kitchen Cabinets
Melamine
Lot and exterior features
Lot size
54' X 226' 6" irr.
Lot area
921.30 m²
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2023)
- Lot assessment
- $ 30,600
- Building assessment
- $ 315,200
- Total
- $ 345,800
Taxes
- Municipal (2025)
- $ 10,722
- School (2025)
- $ 155
- Total
- $ 10,877
Annual expenses
- Insurance
- $ 4,374
- Other
- $ 2,069
- Cable (TV)
- $ 3,953
- Maintenance
- $ 2,080
- Total
- $ 12,476
Energy expenses
- Electricity
- $ 13,593
- Total
- $ 13,593
Gross annual revenues (potential)
- Residential
- $ 101,040
- Total
- $ 101,040
Inclusions and exclusions
Inclusions
9 refrigerators, 9 stoves, 5 washing machines and 5 dryers, 12 single beds, and 5 40-gallon water heaters.
Exclusions
All personal belongings of the tenants and the sellers.
Mortgage payment calculator
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