2 bedrooms
1 bathroom
Lot dimensions 12,875.78 ft² (1,196.2 m²)

Owners’ comments

Automated translation

Rental building - Annual gross income $121,600 - Net income: $114,433 - 6 x 4 1/2 completely renovated - Exceptional investment opportunity

Discover a turnkey rental building offering six 4 1/2 residential units, all completely renovated between 2020 and 2024. Ideal for investors looking for an asset that is efficient, well-maintained and easy to manage.

Housing characteristics:

  • Independent entrance
  • Wall-mounted air conditioner
  • Enclosed full laundry room
  • Integrated dishwasher space
  • Walk-in closet in the master bedroom
  • Electric fireplace
  • Two balconies (front and back)
  • Private outdoor shed
  • Two private outdoor parking spaces with electric charging station
  • Additional parking available for visitors

Highlights of the building

  • Recent major renovations (all units have been completely renovated): peace of mind for several years
  • Stable tenants and easy to rent building
  • Demonstrated profitability with financial documents available
  • Sought-after neighborhood and pleasant environment
  • Simplified management thanks to independent entrances and dedicated spaces

Residential financing possible with RBC and Desjardins for a 6-unit building.

This building represents a rare opportunity to acquire a modern, profitable real estate asset that is perfectly adapted to the current needs of tenants. A safe bet for any investor who wants to optimize their portfolio.

Detailed list of annual costs ($7,167)

  • Insurance: $2,507
  • Lawn treatment: $354
  • Lawn mowing: $546
  • Snow removal: $2,126
  • High speed internet offered to renters: $1,282
  • Internet Management Service: $352
Complete Description
Complete Description

Property features

Asking Price
$2,147,000
Style
Open area
Details
With income
Year of construction
1999
Building dimensions
56.3x39.2 ft (17.16x11.95 m)
Occupation rate
100
Certificate of Location
Yes
Courtyard orientation
South
Number of parkings
16
Lot's municipal evaluation
$458,400
Building's municipal evaluation
$767,700
Annual income
$121,600.00
2 Bedroom
6

External facing:

  • Brick
  • Vinyl Siding

Foundation:

  • Cast concrete

Roof:

  • Asphalt shingle

Heating source:

  • Convectair
  • Electric

Features:

  • Shed
  • Central air
  • Fireplace
  • Ceiling fixtures
  • Walk-in closet
  • Electric vehicle charging station

Kitchen:

  • Melamine cabinets
  • Island

Bathroom:

  • Bath and shower
  • Ceramic Shower

Basement:

  • Totally finished
  • Separate entrance

Upgrades:

  • Cabinets
  • Kitchen
  • Floors
  • Doors
  • Bathrooms
  • Painting
  • Half bath

Parking / Driveway:

  • Asphalt

Location:

  • Highway access
  • Near park
  • Residential area
  • Public transportation

Lot description:

  • Flat geography
  • Landscaped

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Restaurant
  • Shopping Center
  • Bar

Near Health Services:

  • Hospital
  • Dentist
  • Medical center
  • Health club / Spa

Near Educational Services:

  • Daycare
  • Kindergarten
  • Elementary school
  • High School
  • College
  • University

Near Recreational Service:

  • Golf course
  • Gym
  • Sportif center
  • Library
  • Museum
  • Ski resort
  • Bicycle Path

Complete list of property features

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$71.78
$861.42
Municipal taxes
$1,054.00
$12,648.03
Maintenance fees
$388.33
$4,660.00
Insurance
$208.92
$2,507.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Revenues
$10,133.33
$121,600.00

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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$2,147,000

6 units or more for sale

1569-1579 Grande Allée Terrebonne (Lachenaie) Lanaudière

No. 1124342

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

Are you a real estate agent?

This person mentioned they are registered with the National Do Not Call List (DNCL).
NB: The owner requests that you not solicit them for the purpose of getting a listing agreement to sell their property. Thank you for respecting their choice to sell without an agent.
Are you interested in this property?
Here’s how to contact the owner
Send a message

Are you a real estate agent?

This person mentioned they are registered with the National Do Not Call List (DNCL).
NB: The owner requests that you not solicit them for the purpose of getting a listing agreement to sell their property. Thank you for respecting their choice to sell without an agent.