A magnificent 6-unit building, newly constructed in 2025. It comprises six condo-style 4.5-room units, with floor plans ranging up to 1,034 sq. ft. across three different layouts. Perfectly located just steps from the Hôtel-Dieu Hospital, parks, and all downtown amenities. Upper-floor units offer stunning city views. The building is fully leased and qualifies for energy-efficiency financing—an ideal opportunity for an investor seeking peace of mind.
Professional appraisal report available at a price of $2,266,000.
High-end construction that complies with the area's PIIA (Property Improvement Program).
The building qualifies for the APH Select Energy Efficiency program.
A personal loan with a down payment of 20-25% is possible, subject to buyer eligibility.
Some images were generated using artificial intelligence.
New construction - 2025
The sale is made with a legal guarantee of quality and ownership rights.
Property taxes are estimated according to the professional appraisal report.
| Cadastral number | 6 538 512 |
| Total Municipal Assessment | To come |
| Municipal Land Assessment | $203 400 |
| Municipal Building Assessment | To come |
| Number of Storeys | 2 |
| Type of Building | Detached |
| Type of Construction | Concrete and wood |
| Year of Construction | 2025 |
| Possibility of converting into condos! | |
| Fire System | Smoke detectors |
| Type of Parking | Exterior in asphalt |
| Number of Parking Spaces | 12 |
| Land Surface Area | 11 578.60 sq.ft |
| Laundry Room | N/A |
| Number of Rooms | 24 |
| Number of Units | 6 x 4.5 |
| Washer/Dryer Inlet | Yes |
| Appliance Responsibility | Tenants |
| Heating Responsibility | Tenants except 181 |
| Hot Water Responsibility | Tenants except 181 |
| Fenced | Yes |
| Internet and Telecom | N/A |
| Plumbing | PEX, ABS |
| Condition of Roof | Asphalt Shingles |
| Condition of Doors | Steel glass and patio doors |
| Condition of Balconies | New |
| Concierge Agreement | N/A |
| Intercom and Doorbell | Independant entrances |
| Heating System | Electric baseboards, heat pumps |
| Hot Water System | Independant tanks |
| Condition of Windows | PVC / hybrid cranks |
| Condition of Kitchens | MDF/melamine, quartz countertop |
| Electrical Panels | Circuit breakers (6 x 100 AMP) |
| Exterior Siding | Fibrociment |
| Condition of Bathrooms | Bathrooms with shower and laundry room |
| Environmental Report | Yes |
| Floor Covering | Vinyl |
| yearly | % / GR | RPU (m) | |
|---|---|---|---|
| Residential | $129,300 | 100 % | $1,796 |
| Affordable res. | |||
| Commercial | |||
| Lockers | |||
| Parking | |||
| Laundry | |||
| Total revenues | $129,300 | $1,796 | |
| Vac. / Bad debt | $3,879 | 3 % | $54 |
| EGR | $125,421 | $1,742 | |
| Calc. | yearly | % OF EGR | CPU (y) | |
|---|---|---|---|---|
| Administration | Normalised | $5,644 | 4.5 % | $941 |
| Municipal Taxes | Estimated | $16,473 | 13.1 % | $2,746 |
| School Taxes | Estimated | $1,364 | 1.1 % | $227 |
| Insurance | Current | $3,588 | 2.9 % | $598 |
| Electricity | Current | $598 | 0.5 % | $100 |
| Heating | ||||
| Snow Removal | ||||
| Elevator | ||||
| Lawn | ||||
| Structural reserve | ||||
| Janitor | Normalised | $1,500 | 1.2 % | $250 |
| Maintenance | Normalised | $4,200 | 3.3 % | $700 |
| Appliances | ||||
| WiFi | ||||
| Heat pump | ||||
| CHMC: Other Costs | Normalised | $1,254 | 1 % | $209 |
| Total expenses | $34,621 | 27.6 % | $5,770 | |
| Net Revenue | $90,800 | $15,133 |
| schl | conv | |
|---|---|---|
| Maximum loan amount | $1,721,250 | $1,111,195 |
| Financing CAP | 4.41 % | 6.13 % |
| Debt coverage ratio | 1.1 | 1.2 |
| Interest Rate | 4.15 % | 4.75 % |
| Amortization | 50 Years | 25 Years |
| Term | 5 Years | 5 Years |
| schl | conv | |
|---|---|---|
| Net Revenue | $90,800 | $90,800 |
| Annual Mortgage Cost | $86,646 | $75,666 |
| Net cash after mortgage | $4,154 | $15,133 |
| RETURN ON INVESTMENT | ||
| Down Payment | $303,750 | $913,805 |
| Cash on cash return | 1.4 % | 1.7 % |
| Return on liquidity + capitalization | 5.1 % | 4.3 % |
| Total yearly return with appreciation of 2 % | 18.43 % | 8.7 % |
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