351 - 355 26e Avenue, La Guadeloupe

Asking Price

$1,630,000 + $300,000 for the land

Building area

2,300 SQ. Ft.

Property Description

24-unit multifamily project located in La Guadeloupe. The property consists of 3 lots allowing for the construction of 3 buildings with 8 units each, including 1 building that is already built. Each building includes a unit mix of 2 x 3 ½, 4 x 4 ½, and 2 x 5 ½, spread over 3 storeys with a half-basement. The project is well advanced and comes with complete documentation, including the building permit, environmental report, and energy efficiency certification. Perfect for an investor or developer looking to acquire a new rental project with additional development potential.

Highlights

Architectural plans are included with the project. The file also includes the building permit, environmental report, and energy efficiency certification.

Leasing of the units in the already-built building is currently underway, with potential rental income of $115,920 annually when fully leased.

CMHC pre-approved financing is available, at the client’s discretion, for 2 buildings.

The already-built building will be delivered fully completed, with asphalt paving and landscaping included.

Each unit includes 2 outdoor parking spaces as well as a storage space.

Capital spendings in recent years

New construction

Other information

The sale is made without the legal warranty of quality, at the BUYER’s own risk, with the exception of lot 6 571 415, which includes a new building and remains covered by the warranty.

Limited supply of new housing in the municipality, enhancing the project’s appeal and rental potential.

Located in a primarily residential and commercial area, close to local services, shops, and businesses.

Property situated on 26th Avenue, in an accessible, well-connected area conducive to rental development.

Strategic location near neighboring municipalities such as Saint-Évariste-de-Forsyth, Saint-Honoré-de-Shenley, Saint-Éphrem-de-Beauce, Saint-Georges, and Thetford Mines.

Location
Building description

General Information

Cadastral number6 571 415, 6 571 416, 6 572 620

Total Municipal Assessment

Total Municipal AssessmentNot issued
Municipal Land Assessment66 500 $
Municipal Building AssessmentNot issued

Construction

Number of Storeys3
Type of BuildingDetached
Type of ConstructionWooden structure
Year of Construction2026 and to be built
Some images have been modified or enhanced using artificial intelligence. Differences may exist between the photos and the actual condition or appearance of the property/items.

Electromechanical System

Fire SystemYes

Parking

Type of ParkingOutdoor
Number of Parking Spaces48

Area

Land Surface Area45,300 square feet

Building type

Laundry RoomNo
Number of Rooms32
Number of Units2 x 3 ½, 4 x 4 ½ et 2 x 5 ½
Washer/Dryer InletYes
Appliance ResponsibilityTenants
Heating ResponsibilityTenants
Hot Water ResponsibilityTenants

Features

FencedNo
Internet and TelecomNo
PlumbingPEX, ABS
Condition of RoofAsphalt shingles - New
Condition of DoorsNew
Condition of BalconiesFiberglass - New
Concierge AgreementNo
Intercom and DoorbellSeparate entrances
Heating SystemElectric baseboard heaters and heat pumps
Hot Water SystemIndependent tanks
Condition of WindowsNew
Condition of KitchensNew - Quartz Countertops
Electrical PanelsCircuit breakers
Exterior SidingFiber cement
Condition of BathroomsNew
Environmental ReportYes
Floor CoveringVinyl and ceramic
Income & Expenses

Revenue

yearly
Residential $108,456
Affordable res.
Commercial
Lockers
Parking
Laundry
Total revenues $108,456
Vac. / Bad debt $3,254
EGR $105,202

Expenses

Calc. yearly
Administration Normalised $4,734
Municipal Taxes Current $2,958
School Taxes
Insurance Estimated $3,000
Electricity Estimated $500
Heating
Snow Removal
Elevator
Lawn
Structural reserve
Janitor Normalised $2,000
Maintenance Normalised $5,600
Appliances
WiFi
Heat pump
CHMC: Other Costs Normalised $1,052
Total expenses $19,845
Net Revenue $85,358
Rent roll

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Alyson Marceau
Alyson Marceau
Team Jessika Lahaie
VP
|
Real Estate Broker
450-521-6898 alyson.marceau@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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