$1,550,000 +GST/QST
New
ULS: 28455264
16+-Plex
for sale
35 5e Avenue, Shawinigan (Grand-Mère)
Conversion project into a 16-unit residential building, approved by the municipality (6x3 1/2, 6x4 1/2 et 4x5 1/2). Exceptional site! Architectural plans are forthcoming. Some units are currently leased, but the building will be vacant upon completion. Estimated annual income is approximately $169,200. A professional appraisal from 2025 indicates a potential market value of $2.4 million (report available upon request). Only 50% of the land is included for this 16 plex, as the remaining 50% will be subdivided to allow for the construction of a 4-story building with 32 units. Link to the dedicated website: https://show.tours/355eavenue.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Living area
1,201.92 m²
DENIS GENDRON
Residential and Commercial Real Estate Broker
Addendum
Bathurst complex on 2 floors with multiple potential. Great opportunity. Optimization of income possible. Large 1/2 free lot that can be subdivided with a view of the Saint-Maurice River. 50 parking lots. Treat yourself: 98 photos and virtual tour to see.
Ideal location in Grand-Mère, Shawinigan, in front of a pretty park and very close to the St-Maurice river and 2 marinas. Ten minutes from the mountains and La Mauricie Park.
The Micro-Brasserie "Au Quai des Brasseurs" is just opposite the marina.
Ten minutes from the mountains, several lakes and rivers and La Mauricie Park. A hotel will be built in the vicinity.
Old solid brick building, surrounded by mature trees.
Historic and peaceful commercial area, with various services within walking distance: Restaurants, grocery stores, pharmacy, department store, school, gym, car dealership, etc. Nearby: route 153 and 155.
Unused land that can be subdivided with a view of the Saint-Maurice River. Your project, your success.
Ideal location in Grand-Mère, Shawinigan, in front of a pretty park and very close to the St-Maurice river and 2 marinas. Ten minutes from the mountains and La Mauricie Park.
The Micro-Brasserie "Au Quai des Brasseurs" is just opposite the marina.
Ten minutes from the mountains, several lakes and rivers and La Mauricie Park. A hotel will be built in the vicinity.
Old solid brick building, surrounded by mature trees.
Historic and peaceful commercial area, with various services within walking distance: Restaurants, grocery stores, pharmacy, department store, school, gym, car dealership, etc. Nearby: route 153 and 155.
Unused land that can be subdivided with a view of the Saint-Maurice River. Your project, your success.
Building details and property interior
Dimensions
129' X 50' 2"
Year constructed
1903
Living area
1,201.92 m²
Windows
Aluminum
Siding
Brick
Roofing
Elastomeric membrane
Basement
6 feet and more, Outdoor entrance, Partially finished
Lot and exterior features
Lot size
218' X 188'
Lot area
3,807.50 m²
Water (access)
Navigable, Access (RIVIERE)
Topography
Sloped, Flat
View
View of the mountain, View of the water
Driveway
Asphalt
Parking (total)
Driveway (50)
Proximity
Park, Bicycle path, Elementary school, High school, Cross-country skiing, Public transportation, CEGEP, Highway, Golf, Daycare centre, Hospital
Characteristics
Heating System
Convection baseboards, Electric baseboard units
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2026)
- Lot assessment
- $ 127,900
- Building assessment
- $ 308,500
- Total
- $ 436,400
Taxes
- Municipal (2026)
- $ 19,317
- School (2026)
- $ 313
- Total
- $ 19,630
Gross annual revenues (potential)
- Residential
- $ 169,200
- Total
- $ 169,200
Inclusions and exclusions
Inclusions
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Exclusions
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Mortgage payment calculator
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