299 - 305 Salette, Saint-Jérôme

Asking Price

$945,000

Building area

2,577 SQ. Ft.

Property Description

Detached residential fourplex built in 1990, offering two spacious 5½ units and two 3½ units. The two-storey property features wood-frame construction with a brick and vinyl exterior and sits on a generous 8,749 sq. ft. lot with outdoor parking, offering a solid opportunity for multifamily investors.

Highlights

Well-maintained fourplex with several key improvements, including a new roof completed in June 2024 and windows replaced around 2014. The kitchen and bathroom in unit 303 were renovated in 2025, while the bathroom in unit 299 was renovated in 2019. Heating and hot water are paid by the tenants, helping to keep operating expenses low.

Capital spendings in recent years

Recent upgrades include the roof completed in June 2024 and windows replaced around 2014. Unit 299 features a bathroom renovated in 2019, while unit 303 benefits from a kitchen and bathroom renovation completed in 2025. The remaining units have primarily original kitchens and bathrooms that are in good condition.

Other information

This sale is made without any legal warranty of quality, at the buyer's own risk.

Location
Building description

General Information

Cadastral number3 239 700

Total Municipal Assessment

Total Municipal Assessment696 800 $
Municipal Land Assessment188 400 $
Municipal Building Assessment508 400 $

Construction

Number of Storeys2
Type of BuildingDetached
Type of ConstructionBrick and wood
Year of Construction1990

Electromechanical System

Fire SystemSmoke detectors

Parking

Type of ParkingExterior
Number of Parking Spaces8

Area

Land Surface Area8 750 sq.ft.

Building type

Laundry RoomN/A
Number of Rooms16
Number of Units2 x 5.5 + 2 x 3.5
Washer/Dryer InletYes- In each unit
Appliance ResponsibilityTenant
Heating ResponsibilityTenant
Hot Water ResponsibilityTenant

Features

FencedNo
Internet and TelecomYes
PlumbingCopper and ABS
Condition of RoofAsphalt shingles; entire roof replaced in June 2024
Condition of DoorsGood condition - Glass doors
Condition of BalconiesGood condition - Concrete balconies | Fiberglass | Aluminum
Concierge AgreementN/A
Intercom and DoorbellYes - Doorbell
Heating SystemElectric baseboards heaters
Hot Water SystemIndependent tanks
Condition of WindowsIn good condition, circa 2014
Condition of KitchensUnit 303 renovated in 2025; remaining units primarily original and in good condition
Electrical PanelsCircuit Breakers
Exterior SidingBrick and vinyl siding
Condition of BathroomsUnit 303 renovated in 2025; remaining units primarily original and in good condition
Environmental ReportN/A
Floor CoveringFloating floors/ Ceramic
Income & Expenses

Revenue

Unit299
Sq. Ft.
Rooms3
Bedrooms1
Bathroom1
Monthly Rent707 $
Lease ExpirationJune 2027
Washer and Dryer EntryOui /Yes

Revenue

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Expense

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Financing Simulator

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Required Down Payment
$
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Mortgage financing amount

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Monthly Payment

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CPU

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GRM

Jessika Anne Ledingham
Jessika Anne Ledingham
Team Samuel & Jessika
Senior VP
|
Real Estate Broker | PMML Partner
514-549-8531 jessika-anne.ledingham@pmml.ca
Property Photos
The remarks, descriptions, characteristics and financial projections contained in this document are for information only and should not be considered official. The information contained herein comes from sources we believe to be reliable, but for which we cannot guarantee the accuracy. It is the buyer's responsibility to check everything and to declare themselves satisfied or dissatisfied with it during the due diligence process following an accepted promise to purchase.
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