Well-sized quadruplex featuring 4 x 4½ units generating $3,855/month ($46,260/year). The property has been well maintained over time and benefited from major renovations around 2010, including the roof, exterior cladding, insulation, and one recently renovated unit. Excellent price-to-income ratio (13.5x), making this property an attractive investment opportunity in Sainte-Sophie.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Income property consisting of a quadruplex with four spacious 4½ units, offering a layout that is highly sought after in the rental market. Gross annual revenues of $46,260, or $3,855 per month, representing an approximate price-to-income ratio of 13.5 times, which is advantageous for this type of property in the area.
The property has been maintained over the years, with several major works completed. One unit has been recently renovated in large part, while the three remaining units, fully functional, offer excellent potential for optimization. Targeted renovations could allow for a gradual increase in rental income, thereby enhancing the property's value and return over the medium term.
Renovations and improvements (according to the current seller and previous sellers):
Major renovations around 2010--2011: insulation, windows, rear doors, exterior cladding, roof and roof structure
Septic system replaced in 2005
Pumping station
One unit recently renovated in large part
Other units improved over time
Two wall-mounted heat pumps (2025)
Parking available for each unit
Area and location: Located in Sainte-Sophie, in a quiet residential setting, with convenient access to major roadways leading to Saint-Jérôme and Mirabel, as well as nearby services and amenities.
Sale without legal warranty of quality, at the buyer's own risk. Visits upon accepted promise to purchase only.
Building details and property interior
Dimensions
67' 9" X 27' 11"
Year constructed
1965
Windows
PVC
Window Type
Casement
Siding
Brick, Vinyl
Roofing
Asphalt shingles
Basement
None
Lot and exterior features
Lot size
80' X 100' irr.
Lot area
743.20 m²
Parking (total)
Driveway (4)
Proximity
CEGEP, Daycare centre, Golf, Park, Bicycle path, Elementary school, Highway, High school, Cross-country skiing, Snowmobile trail, ATV trail, Public transportation, University, Alpine skiing