8-unit building generating excellent income, ideally located near services, shops, and major roadways. Following an inspection by the fire department, the building must be converted into 5 units. Plans are already prepared and awaiting municipal approval for permit issuance. An exceptional opportunity for an investor seeking a property with strong current income and significant potential to further optimize returns.
Sale with exclusion(s) of legal warranty - See listing broker(s)
8-unit building generating excellent income, ideally located near services, shops, and major roadways. Following an inspection by the fire department, the building must be converted into 5 units. Plans are already prepared and awaiting municipal approval for permit issuance. An exceptional opportunity for an investor seeking a property with strong current income and significant potential to further optimize returns.
Building details and property interior
Dimensions
54' X 90' irr.
Year constructed
1958
Lot and exterior features
Lot size
48' 10" X 115' irr.
Lot area
579.80 m²
Proximity
Highway, CEGEP, Daycare centre, Hospital, Elementary school, High school, Public transportation
Characteristics
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2026)
Lot assessment
$ 181,200
Building assessment
$ 510,400
Total
$ 691,600
Taxes
Municipal
(2026)
$ 9,764
School
(2026)
$ 486
Total
$ 10,250
Gross annual revenues (potential)
Residential
$ 80,004
Total
$ 80,004
Inclusions and exclusions
Exclusions
Tenants' personal belongings.
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.