Great investment opportunity -- Newly built 10-unit rental building to be constructed on Académie Street, in the heart of Salaberry-de-Valleyfield, developed by Group BLOC UN in collaboration with Construction Montplaisir & Couvre-Plancher Loiselle Inc. This investment property will feature modern 3½ and 4½ units with elevator access. Estimated annual gross revenues of $192,600. A well-structured project offering progressive rental income and strong long-term appreciation potential in a growing area, close to all services (Cégep, hospital, schools, and shops).
142'5" X 156'2" Irregular
ACONS
PVC
Casement
Poured concrete
Steel , , Brick , Stone
Elastomeric membrane
, Ceramic
Concrete
NEW RENTAL BUILDING -- 10 UNITS -- INVESTMENT OPPORTUNITY
High-quality new construction project located on Académie Street in Valleyfield, developed by Group BLOC UN in collaboration with Construction Montplaisir & Couvre-Plancher Loiselle Inc.
This 10-unit rental building offers an excellent investment opportunity with an optimized income structure and strong long-term appreciation potential.
INCOME
Annual gross revenue: $192,600
Monthly revenue: $16,050
Well-balanced unit mix featuring modern 3½ and 4½ apartments, distributed over several floors with generous living spaces.
FINANCIAL PERFORMANCE
Net operating income (NOI): $134,055
Controlled operating expenses: ± $58,544
Gross revenue multiplier (GRM): 20.25
PROJECT FEATURES
* Recent construction with quality materials
* Unit sizes ranging from 775 to 896 sq. ft.
* Progressive rental income by floor
* Optimized management and planned maintenance
* Reserved funds allocated (elevator, heat pumps, maintenance)
LOCATION
Located in a growing sector of Salaberry-de-Valleyfield, close to services, major roadways, and amenities, ensuring strong rental demand.
ASKING PRICE: $3,900,000 + taxes
142'5" X 156'2" Irregular
ACONS
PVC
Casement
Poured concrete
Steel , , Brick , Stone
Elastomeric membrane
, Ceramic
Concrete
318'3" X 315' Irregular
9,225 SF
Landscaped
Flat
View of the city
Asphalt
Driveway : 10
Highway , CEGEP , Daycare centre , Hospital , Park , Bicycle path , Elementary school , High school , Public transportation
Commercial , Residential
Electric baseboard units
Electricity
Wall-mounted air conditioning , Air exchange system , Wall-mounted heat pump
Municipality
Municipality
Vinyl flooring in lobby and staircase; ceramic flooring in the bathroom; ceramic shower with heated floor (including ceramic shower base); melamine cabinets; ceramic backsplash; laminate countertop; soft-close melamine cabinets including an 11-ft island with 3 drawers; wall-mounted heat pump. Exterior finishes include James Hardie fiber cement siding, MAC Métal wood-finish metal cladding, black brick, and architectural stone (see details). Complete landscaping:law awn, asphalt and balconies.
Tree in accordance with the municipal permit requirements.
My name is JASMINE GOUPIL INC., RE/MAX real estate broker. How may I help you?
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RE/MAX DÉFI (1996) | 121 rue Alexandre Bureau 21, Salaberry-de-Valleyfield, Québec, J6S 3K3
Hello, my name is JASMINE GOUPIL INC., real estate broker. Contact me for more information.
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