3 bedrooms
1 bathroom
Lot dimensions 10 000 ft² (929.03 m²)

Owners’ comments

Automated translation

Income building with 6 units Excellent performance in Rouyn-Noranda

Discover this well-maintained and strategically renovated 6-unit building, ideal for an investor or an owner-occupier looking for a turnkey property offering excellent returns.

Renovation highlights:

Roof and French drain replaced in 2018 Completely renovated
parking offering 2 spaces per tenant, equipped with electrical sockets on steel poles (very practical in winter)
All windows replaced by triple-glazed windows (energy savings and superior comfort) surveillance camera in the stairwell on both sides included in the sale of the building.

Main characteristics:

6 units of type 5 ½
Each unit has an internal shed Electric
heating with independent meter per unit

Occupancy rate almost 100% in recent years

An accommodation that is currently available, ideal for an owner-occupant who wishes to live on site
Financial information:

Asking price: $1,050,000 Annual gross
income: $85,000

This building has been maintained with care, which reduces maintenance costs and ensures immediate profitability. The strong demand for quality housing in Rouyn-Noranda ensures excellent

rental stability.
Complete Description
Complete Description

Property features

Asking Price
$1,050,000
Style
4 seasons
Details
With income
Year of construction
1986
Building dimensions
80x40 ft (24.38x12.19 m)
Certificate of Location
Yes
Courtyard orientation
West
Number of parkings
12
Lot's municipal evaluation
$140,000
Building's municipal evaluation
$700,000
Annual income
$85,000.00
3 Bedroom
6

External facing:

  • Vinyl Siding

Foundation:

  • Cast concrete

Roof:

  • Asphalt shingle

Heating source:

  • Convectair

Basement:

  • Totally finished
  • Separate entrance
  • Potential income

Upgrades:

  • Heating
  • Electrical
  • Insulation
  • Floors
  • Plumbing
  • Doors
  • Bathrooms
  • Painting

Parking / Driveway:

  • Aggregate

Location:

  • Near park
  • Residential area
  • Public transportation

Lot description:

  • Fenced

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Apartment 1
Storey: Main floor
Dimensions: 30' 1" x 30' 1" (9,17 m x 9,17 m)
Flooring: Laminate

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$45.92
$551.00
Municipal taxes
$850.00
$10,200.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Revenues
$7,083.33
$85,000.00

The steps involved in buying a property

Could this property be “the one”? Here’s an overview of the steps involved in becoming the owner. These steps and the legal implications remain the same whether the property is purchased from an individual or through a broker.

1
Financing

One of the first things to do when looking for a property is to get a mortgage preapproval from a financial institution. The goal is to determine borrowing capacity, and as a result, the price range to be looking in.

2
Offer to purchase

The property suits the budget and needs? Time to submit an offer to purchase! This document sets out the price, the elements included in the sale, the possession date, the conditions of purchase and all other information relevant to the sale.

3
Conditions of purchase

The offer to purchase generally includes conditions. The most common are the property passing an inspection, the buyer providing proof of financing and the buyer selling their own property. Once the listed conditions are met, the property is considered sold.

4
Property transfer

The last step is to see a notary, who is generally chosen by the buyer. This real estate professional drafts the deed of sale and ensures that the interests of all parties involved are respected.

Once the deed of sale is notarized, the new owner gets the keys to the home. All that’s left is to move in!

More details on these steps

See our All about buying section.

Download the legal documents that you need

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$1,050,000

6 units or more for sale

2901 rue monseigneur-pelchat Rouyn-Noranda Abitibi-Témiscamingue

No. 1133691

With income
Are you interested in this property?
Here’s how to contact the owner
Are you interested in this property?
Here’s how to contact the owner