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$5,495,000
New
ULS: 11652151

16+-Plex for sale
1635 - 1655 Rue Wilfrid-Pelletier, Saint-Jérôme (Saint-Antoine)

Two 8-unit buildings built in 2017, each comprised of 8 spacious 5½ units measuring +/- 1,350 sq ft featuring two full bathrooms, including one adjoining to the main bedroom, a bright open concept living area (kitchen, living room, dining room) opening onto a terrace, a dedicated laundry space, a kitchen with island, a private 140 sq ft terrace overlooking a wooded area, and two parking spaces per unit. Located in a quiet residential neighbourhood with little traffic. Annual revenues of $326,316. Buildings are very well maintained, with an onsite Superintendent, and always fully rented.
Sale with exclusion(s) of legal warranty - See listing broker(s)
The two buildings are sold without the legal warranty of quality, at buyer's risks and perils.

- Heating and hot water are at the tenants' expense. Electric heating.

- The buyer has no mortgage to assume and is entirely free to choose their own financing.

- The buyer will, at their own expense, carry out a Phase 1 Environmental Site Assessment.

- The buyer may, at their own expense and if desired, conduct an energy audit of both buildings for financing purposes under CMHC's MLI Select program, Energy Efficiency section.

- The seller confirms that no appliances are provided to tenants.

- The seller has ordered a new certificate of location.

- The inspection report dated December 2021 is available upon request.

- 2025 compliance certificate for the alarm systems in hand (inspection performed by Guard X).

- Onsite superintendent.

- Large in-unit storage space (room where the water heater is).

Year constructed 2017
Washer/Dryer (installation) Other (AU)
Lot area 2,787.80 m²
Parking (total) Driveway (32)
Proximity CEGEP, Daycare centre, Hospital, Park, Bicycle path, Highway, Alpine skiing, High school, Commuter train, Public transportation, Elementary school
Heating System Electric baseboard units
Heating Energy Electricity
Property or unit amenity Air exchange system, Wall-mounted air conditioning, Intercom, Alarm system
Water Supply Municipality
Sewage System Municipality
Environmental Study Phase 1 (2017, 04)

Financial details

Municipal assessment (2026)

Lot assessment
$ 912,600
Building assessment
$ 3,465,800
Total
$ 4,378,400

Taxes

Municipal (2026)
$ 39,262
School (2026)
$ 3,688
Total
$ 42,950

Annual expenses

Insurance
$ 13,626
Snow removal
$ 2,989
Lawn
$ 2,615
Total
$ 19,230

Energy expenses

Electricity
$ 920
Total
$ 920

Gross annual revenues (potential)

Residential
$ 326,316
Total
$ 326,316

Inclusions

16 hot water heaters sold "as is, when is" without the legal warranty of quality.

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