8 brand-new high-end 8-unit building to be constructed in the new residential project Otter Lake Village. This single-storey building is highly sought-after, especially by an older clientele, thanks to its optimal accessibility with no stairs. Each unit features a heat pump with air conditioning, radiant floor heating, 9-foot ceilings, porcelain kitchen countertops, a patio door with a private rear terrace, as well as a shared storage shed. With potential gross revenues of $134,400 per year, this property represents an excellent investment opportunity with profitability from day one. Customizable model of your choice.
Building size: 160' x 32' Apartment size: 20' x 32' (640 sq. ft.)
Inclusions
Interior finishes
Drywall White paint Vinyl flooring of choice (budget) Interior doors and handles MDF casings and baseboards Bathroom Ceramic flooring Decorative panel or ceramic shower walls Bathtub/shower Plumbing fixtures Vanity Mirror Space for washer and dryer
Kitchen
Porcelain countertop 8' PVC melamine cabinets with 9' decorative panel Double stainless steel sink Faucet Stainless steel range hood Electrical 100-amp panel (per unit) Electric baseboards with electronic thermostats Interior and exterior switches and outlets Exterior light fixtures Hardwired smoke detectors with battery backup Air exchanger with heat recovery Outlet for electric vehicle charging station Radiant floor heating included Heat pump Structure Wall insulation: R20 batt + Enermax (R24 total) Roof insulation: R40 + vapor barrier 9' ceilings on main floor
Exterior finishing
Black PVC exterior doors and windows Standard color vinyl siding (choice) Asphalt shingle roof (color choice), 25-year warranty Insulated steel door, patio door and handles (if applicable) Black fascia and soffits Gravel parking Plumbing Basic chrome plumbing fixtures Standard two-piece toilet Acrylic bathtub PEX piping 40-gallon electric water heater
Foundation
Poured concrete slab Cement parging on foundation walls