278 Principale Street – Renovated and Income-Generating Quadruplex in Plaisance!
Don’t miss this unique opportunity to acquire a quadruplex offering excellent cash flow in a rapidly growing area! Located just 5 minutes from the highway, this well-maintained building includes 1 unit with 3 bedrooms, 1 unit with 2 bedrooms, and 2 units with 1 bedroom each. The one-bedroom units were added with municipal permits and completely renovated from scratch.
Plaisance is a municipality where rental demand is constantly increasing, with rising rents and little competition.
Several major renovations have been completed: electrical updates, plumbing, exterior siding, balcony, 4 outdoor sheds, and much more!
Ideal for investors seeking stability and growth potential.
4 outdoor sheds
2 completely new apartments in the basement
Fire-rated wall and fire-resistant insulation in the basement apartments
Vinyl flooring fully redone for the ground floor apartments, including bathroom and kitchen
The sale is made without legal warranty of quality to the risks and perils of the buyer.
| Cadastral number | 4 853 772 |
| Total Municipal Assessment | 300 300 $ |
| Municipal Land Assessment | 19 600 $ |
| Municipal Building Assessment | 280 700 $ |
| Number of Storeys | 1 |
| Type of Building | Detached |
| Type of Construction | Wood / Concrete |
| Year of Construction | Unknown |
| Fire System | No |
| Type of Parking | Exterior |
| Number of Parking Spaces | 4 |
| Land Surface Area | 7 549 sq. ft. |
| Laundry Room | No |
| Washer/Dryer Inlet | Yes |
| Appliance Responsibility | Tenants |
| Heating Responsibility | Tenants |
| Hot Water Responsibility | Tenants |
| Plumbing | Copper and Pex |
| Condition of Roof | Asphalt shingles |
| Condition of Doors | Good condition |
| Condition of Balconies | 3 treated wood balconies completely redone |
| Concierge Agreement | No |
| Intercom and Doorbell | No |
| Heating System | Electric baseboards |
| Hot Water System | 4 independent water heaters |
| Condition of Windows | 7 to 8 windows replaced |
| Condition of Kitchens | Good condition |
| Electrical Panels | Circuit breakers. |
| Exterior Siding | Vinyl |
| Condition of Bathrooms | Good condition |
| Environmental Report | No |
| Floor Covering | Vinyl / Ceramic / Laminate flooring |
| Unit | Sq. Ft. | Rooms | Bedrooms | Bathroom | Monthly Rent | Lease Expiration | Washer and Dryer Entry |
|---|---|---|---|---|---|---|---|
| A | 900 | 1 040 $ | July 2027 | ||||
| Remarque :Rental value | |||||||
| B | 1 200 | 1 235 $ | February 2027 | ||||
| C | 600 | 980 $ | June 2027 | ||||
| D | 600 | 980 $ | January 2027 | ||||
| Unit | A |
|---|---|
| Sq. Ft. | 900 |
| Rooms | |
| Bedrooms | |
| Bathroom | |
| Monthly Rent | 1 040 $ |
| Lease Expiration | July 2027 |
| Washer and Dryer Entry | |
| Remarques Rental value | |
| Current Amount | Adjusted Amount | % Adjustment | |
|---|---|---|---|
| Total Revenue | / month | ||
| Annual Total Revenue | / year |
| Current Amount | Adjusted Amount | % Adjustment | |
|---|---|---|---|
| Total Expenses | / month | / month | 0 % |
| Annual Total Expenses | / year | / year | |
| Net Revenue | / month | / year | 0 % |
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$
$
| Net Revenue | $ |
|---|---|
| Annual Mortgage Payment | $ |
| Cashflow After Loan | $ |
