$6,800,000

6 units or more for sale

6 et 10, rue Yvan-Ménard St-Rémi Montérégie (Rive-Sud Montréal)

No. 1125400

With income
Apply for your Desjardins mortgage financing
Are you interested in this property?
Here’s how to contact the owner

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.
See it on the map
The steps involved in buying a property Buy
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Are you interested in this property?
Here’s how to contact the owner

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.
64 bedrooms
40 bathrooms
Lot dimensions 47,175 ft² (4,382.7 m²)

Owners’ comments

Automated translation

For sale, a real estate complex! A total of 40 income homes, in two buildings.

In a real estate complex, transactions between the sellers and the buyer (s) must take place simultaneously.

The 3D virtual tour is of one of the apartments in the building at 10 rue Yvan-Ménard. The most recent, the 8-unit one, built in 2017

.

Description of the real estate complex:

  • An income building with 32 units, located at 6 rue Yvan Ménard, Saint-Rémi.
  • And: An 8-unit income building, located at 10 rue Yvan Ménard, Saint-Rémi.

City data:

  • Saint-Rémi is a city of about 9,000 inhabitants, located south of Montreal.
  • In Saint-Rémi, commercial, industrial and agricultural activities coexist. This economic diversity creates jobs, which brings stability to the local economy.
  • The city has an elementary and secondary school, as well as an arena.

Information on the environment of buildings:

  • The two buildings for sale are located in the city center close to daily services.
  • These buildings are located 19 kilometers from the Mercier Bridge.
  • Yvan-Ménard Street, in Saint-Rémi, has very little car traffic.

Characteristics of the 32 residential units, at 6 rue Yvan-Ménard:

  • Construction year: 1987
  • Lot size: 36,589 square feet
  • Parking space: 48 parking spaces
  • Description of the 32 housing units:
    • Sixteen 4 1/2
    • Fourteen 3 1/2
    • Two 2 1/2
  • Building area: The area of the building is 6196.5 square feet.
  • The measurement was taken outside the foundations.
  • The building has four levels of housing, a basement plus three floors.

Characteristics of the 8 residential units, at 10 rue Yvan-Ménard:

  • Construction year: 2017
  • Lot size: 10,646 square feet
  • Parking space: 16 spaces
  • Outdoor sheds: 8 sheds

Description of the 8 housing units:

  • Eight 4 1/2
  • The area of the building is 2405 square feet.
  • The measurement was taken outside the foundations.
  • It has four levels of housing, a basement plus three
    floors

We do not want to receive solicitation from real estate agents.

For more information, please leave us a voicemail message, or an email message, with your contact details so we can contact you!

Complete Description
Complete Description

Property features

Asking Price
$6,800,000
Style
Open area
Details
With income
Year of construction
1987
Building dimensions
114.67x54.07 ft (34.95x16.48 m)
Occupation rate
100
Certificate of Location
Yes
Number of parkings
64
Lot's municipal evaluation
$1,274,000
Building's municipal evaluation
$3,825,000
Annual income
$444,984.00
Studio
2
1 Bedroom
14
2 Bedroom
24

External facing:

  • Brick
  • Vinyl Siding

Foundation:

  • Cast concrete

Roof:

  • Sheet metal

Heating source:

  • Electric

Kitchen:

  • Melamine cabinets

Bathroom:

  • Bath and shower
  • Separate Shower

Basement:

  • Totally finished
  • Separate entrance
  • Potential income

Parking / Driveway:

  • Asphalt
  • Outside

Location:

  • Highway access
  • Residential area

Lot description:

  • Flat geography

Near Commerce:

  • Supermarket
  • Restaurant

Near Educational Services:

  • Elementary school
  • High School

Complete list of property features

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$277.17
$3,326.00
Municipal taxes
$4,913.42
$58,961.00
Electricity
$268.50
$3,222.00
Insurance
$1,536.50
$18,438.00
Total known costs
More info on the costs involved in buying a property

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Revenues
$37,082.00
$444,984.00

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

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

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$6,800,000

6 units or more for sale

6 et 10, rue Yvan-Ménard St-Rémi Montérégie (Rive-Sud Montréal)

No. 1125400

With income
Apply for your Desjardins mortgage financing
Are you interested in this property?
Here’s how to contact the owner

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.
See it on the map
The steps involved in buying a property Buy
Print
Are you interested in this property?
Here’s how to contact the owner

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.
Do you want to sell commission-free, too?
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1 866 387-7677
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