$2,295,000
New
ULS: 14220641
8-15-Plex
for sale
938 - 940 Av. de Grande-Île, Salaberry-de-Valleyfield (Grande-Île)
Discover this building of 12 4½-unit units, offering 24 parking spaces and potential gross income of $152,760 per year starting July 1, 2026. Strategically located close to all services and amenities, it represents an excellent investment opportunity with strong return potential. A rare opportunity not to be missed!
Sale with exclusion(s) of legal warranty - See listing broker(s)
Property features
2
Bedrooms
1
Bathroom
Addendum
**WELCOME TO 938-940 AV. GRANDE-ÎLE IN SALABERRY-DE-VALLEYFIELD**
Here are the distinctive features of this 12-plex:
+Building with 12 4½-type apartments
+All units have 2 parking spaces: So 24 parking spaces in total
+5 out of 12 accommodations have been completely redone
+Annual gross income of $152,760 as of July 1, 2026
+Roof redone in 2022
+The water heaters were changed between 2022 and 2024
+Excellent opportunity for investor!
PRIME LOCATION:
+Close to grocery stores, restaurants, gas stations and essential services
+Quick access to highways 20 and 30
AN OPPORTUNITY NOT TO BE MISSED TO ENHANCE YOUR REAL ESTATE PORTFOLIO.
Here are the distinctive features of this 12-plex:
+Building with 12 4½-type apartments
+All units have 2 parking spaces: So 24 parking spaces in total
+5 out of 12 accommodations have been completely redone
+Annual gross income of $152,760 as of July 1, 2026
+Roof redone in 2022
+The water heaters were changed between 2022 and 2024
+Excellent opportunity for investor!
PRIME LOCATION:
+Close to grocery stores, restaurants, gas stations and essential services
+Quick access to highways 20 and 30
AN OPPORTUNITY NOT TO BE MISSED TO ENHANCE YOUR REAL ESTATE PORTFOLIO.
Building details and property interior
Dimensions
120' X 30' 1"
Year constructed
1986
Siding
Aluminum, Brick
Roofing
Asphalt shingles
Basement
None
Renovations
Roof covering (2022)
Lot and exterior features
Lot size
189' 7" X 76'
Lot area
1,363.40 m²
Topography
Flat
Driveway
Asphalt
Parking (total)
Driveway (24)
Proximity
Daycare centre, Golf, Hospital, Park, Bicycle path, Elementary school, High school, CEGEP, Highway
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2026)
- Lot assessment
- $ 182,700
- Building assessment
- $ 864,400
- Total
- $ 1,047,100
Taxes
- Municipal (2026)
- $ 16,752
- School (2025)
- $ 861
- Total
- $ 17,613
Annual expenses
- Insurance
- $ 10,480
- Snow removal
- $ 2,490
- Lawn
- $ 2,490
- Total
- $ 15,460
Gross annual revenues (potential)
- Residential
- $ 152,760
- Total
- $ 152,760
Inclusions and exclusions
Inclusions
Light fixtures, kitchen hood, shed
Exclusions
Personal belongings of tenants
Mortgage payment calculator
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