Complete Listing

600 de la Rivière, Lachute

1 625 000 $

Cost per Unit (CPU)
203 000 $
Gross Revenue Multiplicator (GRM) 16.9
Net Revenue Multiplicator (NRM) 25.4
Capitalization Rate (CAP)
3.9 %

2020 CONSTRUCTION of 8 apartments in a beautiful neighborhood developed in the last 10 years in Lachute near the Rivière du Nord in a non-floodable area. Superb environment. The 8 units / condos (1070sqft) have superior soundproofing, air conditioning, exterior storage, quartz counters and 2 parking spots / unit . 100% RENTED. Possibility to buy 400 Place de la Rivière (8 units)

Cartography

Map

Property description

Features

Heating System Electric baseboards
Hot Water System Independent tanks
Electrical Pannels Breakers
Plumbing Pex
Condition of Kitchens Quartz counters, LED lighting, stainless hood
Condition of Bathrooms Separated showers/Bathtub
Floor Covering Concrete slab, laminated, ceramic
Environmental Study To be verified
Condition of Roof Shingles 40 years
Siding Brick and steel
Condition of Balconies Aluminum balconies 12' x 10'
Condition of Doors Energy Star
Condition of Windows Energy Star hybrid windows
Type of Parking Exterior, asphalte
Intercom and Bell Intercom
Fire System Central panel; Smoke detectors
Janitor Agreement To be verified

Construction

Year Built 2020
Building Type Detached
Construction Type Brick and wood
Number of Stories 3
Other Informations Land: horizontal co-ownership lot

Building type

Number of Units 8 x 4.5 (1070 sq.f.)
Number of Parkings 16 spots
Responsability of Heating Tenants
Responsability of Hot water Tenants
Responsability of Appliances Tenants
Washer /Dryer Installation Washer/dryer entries
Laundry None
Other Informations Air conditioning + air exchanger

Significant capital expenditures since 10 years

  • Rear balconies (locker 4x6 + terrace)
  • Energy Star hybrid windows
  • Quartz counters, LED lighting, stainless hood
  • Superior soundproofing
  • Lawn irrigation system and semi-buried containers
  • Surveillance camera and Wi-Fi included for all accommodation
  • Master bedroom with walk-in closet

Other informations

Area 4.5: 1070sf
Total rentable: 8560sf

New project for real estate investors looking for potential in new buildings. Leased at $0,93/sf while new projects on the North Shore are rented on average 80% more expensive per square foot.

The remarks, descriptions, features and financial projections contained in the present document are only for information purposes and should not be considered as being official. The information herein comes from what we consider reliable sources but for which we cannot guarantee the accuracy. It is the buyer’s responsability to verify all the information and to declares himself satisfied or dissatisfied while in the due dilligence process following an accepted promise to purchase.

Financial information

Rent roll

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