Recent construction offering an optimal layout with 2 x 4½ units on the ground floor and 2 x 3½ units on the second floor, all designed with an open-concept layout. Gross annual revenues total $61,380. Ideally located, this property also offers a strategic advantage: 3 of the units benefit from a government program, ensuring stable rental income and enhanced security for investors. A rare opportunity combining current returns, strong growth potential, and simplified management. Contact me to obtain detailed financials and position your offer promptly.
This well-located property in Saint-Adolphe-d'Howard offers an optimal layout with 2 x 4½ units on the ground floor and 2 x 3½ units on the second floor, generating $61,380 in gross annual income as of today.
All units feature open-concept living spaces, highly attractive to today's tenants. The property presents a strong opportunity to significantly increase rental income as early as next year, allowing for immediate optimization of returns.
A key advantage: 2 of the current tenants benefit from a government program, ensuring guaranteed payment stability and reduced risk for the investor.
The building is equipped with 4 hot water tanks and 4 separate electrical entrances. Appliances, heating, and electricity are paid by the tenants, contributing to simplified management and controlled operating expenses.
Prime location: Situated in a sought-after area of the Laurentians known for its four-season outdoor lifestyle, the property benefits from:
Proximity to local services, shops, and restaurants Easy access to Sainte-Agathe-des-Monts and Morin-Heights Nearby schools and community services Access to lakes, parks, and outdoor activities Close proximity to Mont Avalanche (skiing) and extensive trail networks
This location ensures strong rental demand, appealing to both long-term tenants and those seeking a high-quality living environment.
A rare opportunity combining stable income, growth potential, and long-term value in a thriving market.
Contact me now for detailed financials and to position your offer quickly.
Building details and property interior
Dimensions
66' 4" X 25' 4" irr.
Year constructed
2020
Dividing Floor
Concrete, Wood
Lot and exterior features
Lot size
168' 2" X 120' 6" irr.
Lot area
19,904 ft²
Topography
Steep, Sloped
Distinctive Features
No rear neighbours
Parking (total)
Driveway (6)
Proximity
Bicycle path, Elementary school, Alpine skiing, High school, Cross-country skiing, Snowmobile trail, ATV trail, Daycare centre, Park, Lake St-Joseph
Characteristics
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2024)
Lot assessment
$ 86,300
Building assessment
$ 769,100
Total
$ 855,400
Taxes
Municipal
(2026)
$ 9,426
School
(2025)
$ 551
Total
$ 9,977
Gross annual revenues (potential)
Residential
$ 61,380
Total
$ 61,380
Inclusions and exclusions
Inclusions
4x water tank
Exclusions
Pole and curtains belonging to the tenants, all personal belongings of the tenants.