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

Owners’ comments

Automated translation

Impeccable sixplex - quality investment with excellent optimization potential

Rare opportunity to acquire a solid, well-maintained sixplex with attractive incomes in a sought after and peaceful area, close to the hospital, schools, parks and all essential services.

The building includes six large 4 ½ units, spacious and well-appointed, appreciated by stable and respectful tenants. The majority of the occupants are seniors who have been living for several years, ensuring excellent rental stability and simplified management

.

Each unit benefits from:

  • An independent entrance;
  • A private gallery to enjoy the outdoors;
  • A parking space (of which unit 5 has its own private parking);
  • An individual storage space located in a temperate and easily accessible basement.

The current annual income is $78,540, offering an attractive return upon acquisition.

One of the great assets of this property is its vast basement, which offers exceptional potential for several development projects (subject to the required regulatory verifications and authorizations).

Over the years, the owners have invested consistently in the maintenance and improvement of the building, including:

  • Roof completely redone in 2013;
  • Repair of foundation cracks around 2014;
  • Replacement of approximately twenty window thermoses;
  • Replacing multiple windows;
  • Floor repair (floating floor) and painting work in all homes (except one where the flooring has not been replaced);
  • Replacement of most galleries and balconies;
  • Replacement of hot water tanks that needed to be replaced.

This property represents an ideal opportunity for the investor looking for a profitable, well-maintained building with potential for future growth.

A turnkey investment in a prime location. A visit will convince you

!

Note that the dimensions of all accommodations are similar, for this reason we have indicated only the dimensions of unit number 1.

Complete Description
Complete Description

Property features

Asking Price
$1,289,000
Details
With income
Year of construction
1992
Occupation rate
100
Certificate of Location
Yes
Number of parkings
6
Adapted for reduced mobility
Yes
Lot's municipal evaluation
$128,800
Building's municipal evaluation
$536,600
Annual income
$78,540.00
2 Bedroom
6

External facing:

  • Vinyl Siding

Foundation:

  • Cast concrete

Roof:

  • Asphalt shingle

Heating source:

  • Electric

Kitchen:

  • Laminated cabinets
  • Island
  • Dishwasher
  • Stove
  • Fridge

Bathroom:

  • Bath and shower

Basement:

  • Separate entrance
  • Unfinished
  • Potential income

Upgrades:

  • Floors
  • Bathrooms
  • Painting
  • Foundation

Garage:

  • Attached
  • Integrated
  • Insulated
  • Garage door opener
  • Triple or more

Parking / Driveway:

  • Asphalt
  • Outside

Location:

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

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Restaurant
  • Bar

Near Health Services:

  • Hospital
  • Dentist
  • Medical center

Near Educational Services:

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

Near Recreational Service:

  • Golf course
  • Gym
  • Sportif center
  • Library
  • Bicycle Path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Apartment 1
Storey: Main floor
Dimensions: 25' x 40' (7,62 m x 12,19 m)
Flooring: Laminate

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$37.50
$450.00
Municipal taxes
$981.54
$11,778.50
Electricity
$90.00
$1,080.00
Insurance
$619.77
$7,437.24

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Revenues
$6,545.00
$78,540.00

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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$1,289,000

6 units or more for sale

1-2-3-4-5-6, 164 rue Saint-Antoine Ste-Agathe-Des-Monts Laurentides

No. 1135757

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