RARE OPPORTUNITY TO SEIZE. In a coveted area, this magnificent 16-unit building built in 1987 offers nice condo-type units each with 2 bedrooms. Located on a peaceful street with mature trees and facing a park, a few steps from all the services of the Technopôle Angus. Roof redone in 2020. Potential to increase income. Excellent investment.
86' X 49'
- Beautiful building all in brick and well maintained over the years.
- Family owned since 1987. Owner since 22 years.
- Sought after area of Shop Angus.
- In front of Jean and Eva Tremblay park.
- All 4 1/2 units average 1,050 gross square feet.
- The water heaters are rented at Hydro Solution at the expense of the tenants.
- Each tenant is responsible for electricity and heating costs.
- Washer and dryer installation in each apartment.
- Strong demand for this type of housing in this sector.
- Great tenants who have almost all renewed their lease as of July 1, 2022.
- Well soundproofed apartments.
- 8 apartments with a private entrance door.
- Potential average rental value of $2,000 per unit if the units undergo up-to-date renovations.
- Balconies recently redone in fiberglass and aluminum railings.
- 8 outdoor parking spaces included in some leases.
- Large wooden shed with green roof serving as a bicycle locker accessible to all.
- The penthouse located at 4342 having undergone renovations is available to the buyer: corner unit with renovated bathroom and kitchen, gas fireplace and wall-mounted air conditioning (rental value $2000 per month) including 2 parking spaces.
- new certificate of location in June 15th, 2022.
Gross annual income: $253,452
Realize your dream of becoming a real estate investor or add a beautiful building to your real estate portfolio!
86' X 49'
Driveway : 8
Electric baseboard units
As per lease. Gas fireplace and air conditioning wall unit at 4342.
Appliances and personal belongings of all the apartments.
MORTGAGE PAYMENTS CALCULATOR
My name is MELISSA MENSING, RE/MAX real estate broker. How may I help you?
Do you have a question?
Hello, my name is MELISSA MENSING, real estate broker. Contact me for more information.