Owners’ comments

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6 recent homes (2021) - Revenues $125,820
** 8 minute walk from the subway **

Longueuil - Building built and managed by the owner

Asking price: $2,345,000

Rare opportunity for investors looking for a recent, quality, well-maintained building that offers stable incomes.

This 6-unit building (two semi-detached triplexes) was built, owned and managed by Les Habitations Excellence, ensuring quality construction and rigorous monitoring since the beginning.

Located in a beautiful, quiet and strategic area of Longueuil, an 8-minute walk from Longueuil metro station, the building benefits from a location very sought after by tenants and a strong rental demand.

All the accommodations are large 4½ of approximately 1,025 to 1,055 ft², offering modern, bright and well-designed spaces.

Income Annual rental
income
: $125,820 Net operating
income (RNO): $101,201
Tenants are stable and rents are paid by automatic bank withdrawals, which greatly simplifies management

.


Characteristics of the building:

  • Construction at the end of 2020
  • Certificate of location (2021)
  • 6 outdoor parking lots, including a tandem
  • Outdoor shed with 6 individual storage spaces
  • Fibreglass front balconies on the ground floor, treated wood upstairs, and aluminum balconies at the back.
  • Fiberglass back balconies with aluminum railings
  • Quartz countertops in kitchens and bathrooms
  • Solid wood interior stairs
  • Vinyl and ceramic floors
  • Bathrooms with separate bath and shower
  • Electricity in front of each parking lot for future charging station
  • Non-smoking building
  • Cats accepted
  • Leases of at least 12 months
  • Municipal Assessment: $1,952,900

Management
The building is currently managed by the owners. It is possible to offer building management after the sale, facilitating the transition for a new investor. ($) Impeccable quality building, well maintained and located in a highly sought after area.

An opportunity not to be missed for an investor wishing to acquire a recent and efficient building in a strategic location.

Contact us for more information!

Complete Description
Complete Description

Property features

2 bedrooms
1 bathroom
Asking Price
$2,345,000
Year of construction
2020
General condition
Excellent
Certificate of Location
Yes
Courtyard orientation
South
Number of parkings
6
2 Bedroom
6

Floor coverings:

  • Ceramic
  • Linoleum

Features:

  • Shed

Parking / Driveway:

  • Outside

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

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$2,345,000

6 units or more for sale

210-222 rue Rouville Longueuil (Vieux-Longueuil) Montérégie (Rive-Sud Montréal)

No. 1127777

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