$2,995,000 +GST/QST
ULS: 25488980
16+-Plex
for sale
701 4e Rue, Shawinigan (Grand-Mère)
Property very well located in downtown Grand-Mère. Building in good condition, well maintained, many renovations, robust and durable construction. Building with a lot of character, attractive housing and commercial spaces. Additional potential in terms of income (rental prices below the market, unused space). Quality investment at a good price, more than competitive ratios, not to be missed. Can be purchased with the neighboring building: Centris No. 19199843. Visits will be granted upon accepted promise to purchase only and with a 24-hour notice to notify tenants.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Property features
2
Bedrooms
1
Bathroom
DENIS GENDRON
Residential and Commercial Real Estate Broker
Addendum
The selling price is subject to a 25% tax on GST/QST.
Building details and property interior
Dimensions
65' 1" X 262' 1" irr.
Year constructed
1925
Windows
Aluminum, PVC
Window Type
Sliding, French door, Casement
Siding
Aluminum, Stucco, Brick
Roofing
Elastomeric membrane
Dividing Floor
Wood
Washer/Dryer (installation)
Laundry room for each unit (AU)
Kitchen Cabinets
Laminate, Melamine, Wood
Basement
Outdoor entrance, Partially finished, 6 feet and more
Lot and exterior features
Lot size
81' X 260' 3"
Lot area
1,886.80 m²
Topography
Flat
Distinctive Features
Street corner
Parking (total)
Driveway (10)
Proximity
Golf, Hospital, Park, Elementary school, High school, Public transportation, Daycare centre, Highway
Characteristics
Heating System
Convection baseboards, Electric baseboard units, Forced air
Heating Energy
Natural gas, Electricity
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2025)
- Lot assessment
- $ 97,200
- Building assessment
- $ 1,094,200
- Total
- $ 1,191,400
Taxes
- Municipal (2025)
- $ 19,474
- School (2026)
- $ 632
- Total
- $ 20,106
Annual expenses
- Insurance
- $ 20,819
- Total
- $ 20,819
Energy expenses
- Electricity
- $ 253
- Gas
- $ 1,927
- Total
- $ 2,180
Gross annual revenues (potential)
- Residential
- $ 160,284
- Commercial
- $ 78,000
- Total
- $ 238,284
Inclusions and exclusions
Inclusions
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Exclusions
All tenants' personal belongings.
Mortgage payment calculator
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