1 bedroom
1 bathroom
Lot dimensions 2 017.16 ft² (187.4 m²)

Owners’ comments

Many renovations done and also under going.

In Quebec, the value of properties will continue to increase due to population growth.

Here is a building in Trois-Rivières generating an annual gross income of 15 960$, with taxes amounting to $1,925.84 per year. This represents an excellent opportunity for optimization and investment. Through market analysis, we have identified the best opportunity for this type of property. The building is fully rented with a 100% occupancy rate. Think about the housing shortage and act quickly!

I have a ratio of 11.85, which is very good compared to other buildings. Most of them have ratios of 12, 13, 14, or 16. To calculate this ratio, you divide the building's price by the gross income: $185,000 / $15,600 = 11.85. If you compare with other buildings, you'll notice they typically have a higher ratio. Feel free to check property sale websites to see for yourself and then discuss it with me.

Know that with an increase of $100 per month per rent, your ratio would come closer to mine.

Complete Description
Complete Description

Property features

Asking Price
$225,000
Style
Detached
Details
With income
Year of construction
1941
Building dimensions
627.21 ft² (58.27 m²)
General condition
Standard
Occupation rate
100
Certificate of Location
Yes
Courtyard orientation
East
Number of parkings
2
Municipal evaluation's date
2024
Lot's municipal evaluation
$15,000
Building's municipal evaluation
$72,500
Taxes year
2024
1 Bedroom
2
Bedrooms (total)
1

External facing:

  • Brick
  • Canexel wood fibre siding

Foundation:

  • Concrete block

Roof:

  • Elastomer membrane

Floor coverings:

  • Hardwood

Windows:

  • Wood

Heating source:

  • Electric

Electric system:

  • 100 amps
  • Fuses panel

Kitchen:

  • Wooden cabinets

Bathroom:

  • Bath and shower

Basement:

  • Low (6 feet or under)
  • Separate entrance
  • Crawl space

Upgrades:

  • Electrical

Parking / Driveway:

  • Outside
  • Crushed Gravel

Location:

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

Lot description:

  • Flat geography

Near Commerce:

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

Near Health Services:

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

Near Educational Services:

  • Daycare
  • Elementary school
  • High School

Near Recreational Service:

  • Gym
  • Library

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Bathroom
Storey: 1st floor
Dimensions: 4' 11" x 6' 10" (1,5 m x 2,08 m)
Flooring: Linoleum
Bedroom
Storey: 1st floor
Dimensions: 10' 2" x 9' 7" (3,1 m x 2,92 m)
Flooring: Hardwood
Kitchen
Storey: 1st floor
Dimensions: 13' 3" x 10' 2" (4,04 m x 3,1 m)
Flooring: Hardwood
Living room
Storey: 1st floor
Dimensions: 9' 8" x 14' (2,95 m x 4,27 m)
Flooring: Hardwood
Balcony
Storey: 2nd floor
Dimensions: 5' 5" x 9' 8" (1,65 m x 2,95 m)
Flooring: Other

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$5.53
$66.39
Municipal taxes
$160.49
$1,925.84
Insurance
$150.00
$1,800.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Revenues
$1,300.00
$15,600.00

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.

Need the form?

Documents to download

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.

$225,000

Duplex for sale

639-637, rue Poisson Trois-Rivières (Trois-Rivières) Mauricie

No. 1060893

With income
Contact the owner Select the desired contact option among those that have been activated:
Send a message

Are you a real estate agent?

This person is registered on 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.

Contact the owner Select the desired contact option among those that have been activated:
Send a message

Are you a real estate agent?

This person is registered on 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.