387 - 391 de l'Aqueduc, Basse-Ville

Asking Price

$430,000

Property Description

A magnificent triplex located in the Lower Town, consisting exclusively of 3½-bedroom units, which are highly sought-after in the rental market. The building generates stable annual income of $29,880, providing a solid foundation for a renovation project. Zoning regulations allow for the addition of a fourth unit, subject to verification and approval by the relevant authorities.

Highlights

Currently leased storage space that can be converted according to zoning, with hydro meter already in place.

Major renovations completed in 2012.

High-demand area.

Fully leased stable housing.

Capital spendings in recent years

Units 387 and 389 completely renovated in 2012

Plumbing 2012

Windows/Doors 2012

Back terrace 2012

Water heaters all date from 2022-2023

Other information

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

Location
Building description

General Information

Cadastral number5 341 566

Total Municipal Assessment

Total Municipal Assessment391 000 $
Municipal Land Assessment146 000 $
Municipal Building Assessment245 000 $

Construction

Number of Storeys2
Type of BuildingIn row 1 on one side
Type of ConstructionBrick and wood
Year of Construction1900

Electromechanical System

Fire SystemSmoke detectors

Parking

Type of ParkingExterior
Number of Parking Spaces0 (Street parking)

Area

Land Surface Area1 410 sq. ft.

Building type

Laundry RoomN/A
Number of Units3
Washer/Dryer InletIn each unit
Appliance ResponsibilityTenants
Heating ResponsibilityTenants
Hot Water ResponsibilityTenants

Features

PlumbingGood condition (2012)
Condition of RoofGood condition (2012)
Condition of DoorsGood condition (2012)
Condition of BalconiesGood condition (2012)
Concierge AgreementN/A
Intercom and DoorbellNo
Heating SystemElectric baseboard heaters
Hot Water SystemIndependent tank
Condition of WindowsGood condition (2012)
Condition of Kitchens2012
Electrical PanelsBreakers (2012)
Exterior SidingBrick, Vinyl
Condition of Bathrooms2012
Environmental ReportN/A
Floor CoveringWood
Income & Expenses

Revenue

Unit387
Sq. Ft.
Rooms3
Bedrooms1
Bathroom1
Monthly Rent795 $
Lease ExpirationJune 2027
Washer and Dryer EntryOui / Yes

Revenue

Current Amount
Total Revenue / month
Annual Total Revenue / year

Expense

Current Amount
Total Expenses / month
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Financing Simulator

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Required Down Payment
$
years
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Mortgage financing amount

$

Monthly Payment

$

CPU

$

GRM

Cashflow

Net Revenue $
Annual Mortgage Payment $
Cashflow After Loan $
Gabriel Domingues
Gabriel Domingues
|
Real Estate Broker
418-929-5624 gabriel.domingues@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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