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).
Building details and property interior
Year constructed
2017
Washer/Dryer (installation)
Other (AU)
Lot and exterior features
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
Characteristics
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 and exclusions
Inclusions
16 hot water heaters sold "as is, when is" without the legal warranty of quality.