Owners’ comments

Automated translation

EXCEPTIONAL INVESTMENT OPPORTUNITY!
8-unit building/Located less than 200 meters from the REM!
__________

  • PRICE: $2,998,000
  • ANNUAL INCOME: $167,400
  • MRB of 17.9: Very competitive for a 2022 construction near the REM
  • 8 x 4 1/2: FULLY RENTED
  • INCLUDED: Blinds/Light fixtures/5 appliances per unit
  • Revenue Multiplier (MRB):
  • __________

    Investors, here is a rare opportunity to acquire a recent and fully rented 8 plex, offering excellent rental stability and high valuation potential.

    Composed of eight spacious 4 ½ units, this building built in 2022 is distinguished by its modern design, low maintenance and the quality of its units.

    Each apartment offers a bright and functional living area with two good-sized bedrooms, contemporary finishes and spaces sought after by tenants.

    Located in a strategic area, close to services, schools, schools, highways and public transport, the building also benefits from quick access to the suburban train station, a major advantage for rental customers.

    This asset represents an ideal opportunity for investors looking for an income-generating building, combining recent construction, optimized revenues and a prime location. A turnkey property offering simplified management and an excellent long-term growth perspective.

    Highlights:

    • 8 residential units of type 4 ½
    • Recent construction (2022)
    • Fully rented building
    • Attractive rental income
    • Low maintenance costs
    • Strategic location near transport and services
    • Located less than 200 meters from the REM
    • Great long term investment!

    An opportunity not to be missed to enrich your real estate portfolio with an efficient and sought-after multi-family building.

    _______ Note

    that the sale is supervised by a real estate broker. Collaborating brokers with qualified buyers are welcome!

    Complete Description
    Complete Description

    Property features

    16 bedrooms
    8 bathrooms
    Lot dimensions 8,944.81 ft² (831 m²)
    Asking Price
    $2,998,000
    Details
    With income
    Year of construction
    2022
    General condition
    Excellent
    Certificate of Location
    Yes
    2 Bedroom
    8

    Heating source:

    • Electric

    Parking / Driveway:

    • Asphalt

    Location:

    • Highway access
    • Public transportation

    Lot description:

    • Flat geography

    Near Commerce:

    • Supermarket
    • Drugstore
    • Bank
    • Restaurant

    Near Educational Services:

    • Daycare
    • Kindergarten
    • Elementary school
    • High School

    Near Recreational Service:

    • Gym
    • Sportif center
    • Library

    Complete list of property features

    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

    Go to your DuProprio account and access free copies of the legal documents you need for a successful real estate transaction.

    See documents

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    $2,998,000

    New 6 units or more for sale

    22-24 9e Avenue Deux-Montagnes Laurentides

    No. 1136432

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