6 bedrooms
6 bathrooms
Lot dimensions 5,885 ft² (546.73 m²)

Owners’ comments

Automated translation

For sale Income building (6 units) Sainte Thérèse

6 x 3 ½ + 1 double garage

Rare income building on the market, very well maintained and ideally located in a peaceful area of Sainte Thérèse. It is the only rental property on this quiet street, directly in front of a park and within walking distance of the city center as well as Cégep Lionel Groulx

.

Main characteristics

Annual gross income: $58,200 (
$55,800
) from housing (2025 leases):
$2,400 in additional potential for the double garage (currently used by the owner)
All units are rented until June 30, 2026. Significant revenue optimization
potential.

Current rents

Basement: $650/month
Basement: $650/month
Ground Floor: $973/month Ground Floor:
$760/month Floor: $769/month
Floor: $848/month
Floor: $848/month
No disputes or files at TAL.
No non-compliance with the City of Sainte Thérèse

.

Additional Information

Stable and peaceful tenants, several with a long history Electric
heating: at the expense of the tenants Hot
water: at the expense of the tenants Sought after family
sector, close to schools, shops, shops, public transport and services

Recent work

Modernization of the apartments:
#1 and #2 (2014)
#3 (2016) (2016)
#5 (2016) (2016) (2015)
#4 (2017)
Roof redone in 2022 Exterior
doors replaced in 2024
Six hot water tanks replaced in 2020
Apartment bathroom #5 redone in 2024 Hot water
tanks replaced in 2018

Sales conditions

Agents abstain
Visits possible only after acceptance of an offer and proof of financing accepted
Sale without legal guarantee
A deposit must accompany any accepted promise to purchase

Complete Description
Complete Description

Property features

Asking Price
$970,000
Details
With income
Year of construction
1965
Certificate of Location
Yes
Number of parkings
5
Lot's municipal evaluation
$172,200
Building's municipal evaluation
$481,600
1 Bedroom
6

External facing:

  • Brick

Heating source:

  • Electric

Kitchen:

  • Raised panel maple

Upgrades:

  • Cabinets
  • Kitchen
  • Floors
  • Bathrooms
  • Basement
  • Painting

Parking / Driveway:

  • Asphalt

Location:

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

Lot description:

  • Corner lot

Near Commerce:

  • Drugstore
  • Bank
  • Restaurant
  • Bar

Near Educational Services:

  • Daycare
  • Elementary school
  • High School
  • College

Near Recreational Service:

  • Library
  • Bicycle Path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Suite
Storey: 1st floor
Dimensions: 15' x 45' (4,57 m x 13,72 m)
Flooring: Hardwood
Suite
Storey: 1st floor
Dimensions: 15' x 45' (4,57 m x 13,72 m)
Flooring: Hardwood
Suite
Storey: 2nd floor
Dimensions: 15' x 45' (4,57 m x 13,72 m)
Flooring: Hardwood
Suite
Storey: 2nd floor
Dimensions: 15' x 45' (4,57 m x 13,72 m)
Flooring: Hardwood
Suite
Storey: Basement
Dimensions: 25' x 37' (7,62 m x 11,28 m)
Flooring: Ceramic
Suite
Storey: Basement
Dimensions: 15' x 45' (4,57 m x 13,72 m)
Flooring: Linoleum
Garage
Storey: Other
Dimensions: 16' x 20' (4,88 m x 6,1 m)
Flooring: Concrete

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$44.00
$528.00
Municipal taxes
$802.58
$9,631.00
Electricity
$41.67
$500.00
Maintenance fees
$50.00
$600.00
Insurance
$365.42
$4,385.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Revenues
$5,050.00
$60,600.00

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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$970,000

6 units or more for sale

23 rue des Érables Ste-Therese Laurentides

No. 1096164

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.