$1,025,000 +GST/QST
New
ULS: 25528927
8-15-Plex
for sale
35 Rue Principale, Gracefield (Gracefield (centre))
Discover this fully leased 12-unit apartment building, offering stable rental income and excellent potential for investors seeking a profitable income-producing property. In addition to the 12 residential units, a commercial tenant is occupying the main floor will remain as a tenant under the new owner, providing an additional and diversified source of rental income.
Addendum
Fully leased 12-unit apartment building
Stable rental income from day one
Excellent return on investment potential
100% occupancy rate
Ideally located in the heart of Gracefield
Turnkey investment opportunity
Ideal for investors looking to expand their real estate portfolio
Strong long-term appreciation potential
Rare investment opportunity in the Gracefield market
Stable rental income from day one
Excellent return on investment potential
100% occupancy rate
Ideally located in the heart of Gracefield
Turnkey investment opportunity
Ideal for investors looking to expand their real estate portfolio
Strong long-term appreciation potential
Rare investment opportunity in the Gracefield market
Building details and property interior
Dimensions
95' 11" X 265' 4" irr.
Year constructed
1950
Windows
Aluminum, PVC
Siding
Concrete stone, Stucco
Lot and exterior features
Lot area
2,725 m²
Proximity
Daycare centre, Golf, Park, Bicycle path, Elementary school, High school
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2026)
- Lot assessment
- $ 51,600
- Building assessment
- $ 342,300
- Total
- $ 393,900
Taxes
- Municipal (2026)
- $ 19,410
- School (2026)
- $ 253
- Total
- $ 19,663
Energy expenses
- Electricity
- $ 2,500
- Total
- $ 2,500
Gross annual revenues (potential)
- Residential
- $ 139,200
- Total
- $ 139,200
Inclusions and exclusions
Inclusions
Any equipment required for the proper operation of the BUILDING, as well as any furniture or appliances included under the existing leases.
Exclusions
Tenants' personal belongings, as well as any tools owned by the owner or the building superintendent.
Mortgage payment calculator
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