757 Cadieux, Beauharnois

Asking Price

$1,845,000

Property Description

9-unit residential property offering a diversified unit mix of 1 x 6½, 1 x 5½, 1 x 4½, and 6 x 3½ units.

The property has undergone several renovations over the years, including the ground floor, which was previously used for commercial purposes and was recently (2025-2026) converted into 4 x 3.5 units (permit available).

Strategically located near District Beauharnois, directly across from École des Patriotes-de-Beauharnois, with direct access to Highway 30 (A-30).

All energy costs are paid by the tenants.

Highlights

Located near District Beauharnois with direct access to Highway 30 (A-30).

The property has benefited from several renovations over the years.

Capital spendings in recent years

Over $300,000 invested in the conversion of the property to 100% residential use.

New construction of units 101, 102, 103, and 104.

Parking areas and landscaping are currently being finalized.

Construction of a large storage shed at the rear of the property.

Other information

The property assessment roll is subject to revision following the recent conversion from commercial to residential use.

The sale is made without any legal guarantee of quality and at the buyer's risk.

Location
Building description

General Information

Cadastral number3 862 801

Total Municipal Assessment

Total Municipal Assessment$757 400
Municipal Land Assessment$275 200
Municipal Building Assessment$482 200

Construction

Number of Storeys2
Type of BuildingAttached
Type of ConstructionBrick and wood
Year of Construction1977 (to be verified)

Electromechanical System

Fire SystemSmoke detectors

Parking

Type of ParkingExterior
Number of Parking Spaces14

Area

Land Surface Area14 500 sq. ft.

Building type

Laundry RoomNo
Number of Rooms 1 x 6 ½, 1 x 5 ½, 1 x 4 ½ et 6 x 3 ½.
Number of Units9
Washer/Dryer InletYes
Appliance ResponsibilityTenants
Heating ResponsibilityTenants
Hot Water ResponsibilityTenants

Features

PlumbingCopper & PEX
Condition of Roof2012 (elastomer membrane)
Condition of DoorsGood condition
Condition of BalconiesGood condition
Concierge AgreementYes
Intercom and DoorbellNo
Heating SystemElectric
Hot Water SystemIndependent tanks
Condition of WindowsGood condition
Condition of KitchensGood condition
Electrical PanelsCircuit breakers
Exterior SidingBrick, vinyl and aluminum
Condition of BathroomsGood condition
Environmental ReportComing up
Floor CoveringFloating, ceramic (Hardwood in #759)
Income & Expenses

Revenue

yearly
Residential $115,560
Affordable res.
Commercial
Lockers
Parking
Laundry
Total revenues $115,560
Vac. / Bad debt $2,311
EGR $113,249

Expenses

Calc. yearly
Administration Normalised $5,096
Municipal Taxes Current $13,395
School Taxes Current $492
Insurance Current $7,350
Electricity Estimated $607
Heating
Snow Removal Current $1,322
Elevator
Lawn
Structural reserve
Janitor Normalised $2,250
Maintenance Normalised $6,300
Appliances
WiFi
Heat pump
CHMC: Other Costs Normalised $1,132
Total expenses $37,945
Net Revenue $75,304

Financing

Maximum loan amount $1,332,357$1,390,868$1,438,400
Financing CAP 4.80 %5.14 %4.97 %
Debt coverage ratio 1.11.11.1
Interest Rate 4.2 %4.2 %4.2 %
Amortization 40 Years45 Years50 Years
Term 5 Years5 Years5 Years

Treasury

Net Revenue $75,304 $75,304 $75,304
Annual Mortgage Cost $72,286 $72,441 $72,069
Net cash after mortgage $3,018 $2,863 $3,235
RETURN ON INVESTMENT
Down Payment $512,643 $454,132 $406,600
Cash on cash return 0.6 % 0.6 % 0.8 %
Return on liquidity + capitalization 3.3 % 3.1 % 3.1 %
Total yearly return with appreciation of 2 %
10.51 %
11.26 %
12.13 %

Indicators

CPU
205 000 $
GIM
16
NIM
24,5
CAP
4,1 %
Rent roll

To see the detailed rent rolls of this building, you need to be connected.

Salah Wali
Salah Wali
Senior VP
|
Real Estate Broker
514-772-6323 salah.wali@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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