A recently built quadruplex (completed in late December 2020) generating annual income of $55,560. With a cap rate of approximately 16.4, this building represents an excellent opportunity for an investor seeking a high-performing asset that requires minimal management. Comprising four 3½-bedroom units with separate entrances, wall-mounted air conditioning, and an air exchanger, it benefits from optimized operating expenses since heating and hot water are entirely the tenants’ responsibility. No major investments are anticipated in the short term.
The tenants are reliable and have an excellent relationship with the landlord, which makes managing the building simple and pleasant.
Built in 2021; no capital expenditures expected
Annual income of $55,560
Heating and hot water are the tenants’ responsibility
Wall-mounted air conditioning and air exchangers in each unit
4 outdoor storage sheds
New Construction
A sought-after neighborhood in Salaberry-de-Valleyfield with strong rental demand.
Close to services, shops, schools, and major roads.
Lot size: 5,233 sq. ft.
Municipal assessment: $926,200
This sale is made without any statutory warranty of quality, at the BUYER’s own risk.
| Cadastral number | 6379651 |
| Total Municipal Assessment | $ 926 200 |
| Municipal Land Assessment | $ 126 400 |
| Municipal Building Assessment | $ 799 800 |
| Number of Storeys | 2 |
| Type of Building | Detached |
| Type of Construction | Brick and wood |
| Year of Construction | 2021 |
| Fire System | Smoke detectors |
| Type of Parking | Exterior |
| Number of Parking Spaces | 8 |
| Land Surface Area | 5 233 sq. ft |
| Laundry Room | N/A |
| Number of Rooms | 12 |
| Number of Units | 4 x 3.5 |
| Washer/Dryer Inlet | In each unit |
| Appliance Responsibility | Tenant |
| Heating Responsibility | Tenant |
| Hot Water Responsibility | Tenant |
| Fenced | Yes |
| Plumbing | ABS |
| Condition of Roof | Flat roof |
| Condition of Doors | Doors in good condition |
| Condition of Balconies | Balconies in good condition |
| Concierge Agreement | N/A |
| Intercom and Doorbell | Doorbell |
| Heating System | Electric baseboard heaters |
| Hot Water System | Independent tanks |
| Condition of Windows | PVC windows in good condition |
| Condition of Kitchens | Good |
| Electrical Panels | Circuit breakers |
| Exterior Siding | Brick and wood fiber |
| Condition of Bathrooms | Good |
| Environmental Report | N/A |
| Floor Covering | Vinyl and Ceramic |
| Unit | Sq. Ft. | Rooms | Bedrooms | Bathroom | Monthly Rent | Lease Expiration | Washer and Dryer Entry |
|---|---|---|---|---|---|---|---|
| 1 | 3 | 1 | 1 | 1 090 $ | June 2027 | Oui | |
| 2 | 3 | 1 | 1 | 1 215 $ | June 2027 | Oui | |
| 3 | 3 | 1 | 1 | 1 100 $ | June 2027 | Oui | |
| 4 | 3 | 1 | 1 | 1 200 $ | June 2027 | Oui |
| Unit | 1 |
|---|---|
| Sq. Ft. | |
| Rooms | 3 |
| Bedrooms | 1 |
| Bathroom | 1 |
| Monthly Rent | 1 090 $ |
| Lease Expiration | June 2027 |
| Washer and Dryer Entry | Oui |
| 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 % |
$
$
$
| Net Revenue | $ |
|---|---|
| Annual Mortgage Payment | $ |
| Cashflow After Loan | $ |
