835 Saint-Maurice, Trois-Rivières

Asking Price

$1,350,000

Property Description

Rare business opportunity in Trois-Rivières: this vacant building, with fully preserved façades, offers strong redevelopment potential into 39 affordable rental units. Located in a high-demand area where small-unit rental supply is limited, this turnkey project suits an investor or developer seeking attractive rental returns with reduced design risk.

Highlights

Turnkey project, permit obtained for interior work

39 affordable rental units

Façades fully preserved

Area prioritized for revitalization

Strong rental demand, limited supply

$34,615 per door

Capital spendings in recent years

Some photographs have been digitally edited or modified for presentation and marketing purposes. They are provided for illustrative purposes only and may not accurately reflect the current condition of the property. Buyers are advised to verify the actual condition of the property during a visit.

Other information

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

Architectural plans for the proposed 39 studio conversion were submitted to the City of Trois-Rivières and accepted. Permits in hand. Exterior modifications remain subject to committee approval. Supporting plans and municipal correspondence are available in the data room.

Location
Building description

General Information

Cadastral number1 210 891

Total Municipal Assessment

Total Municipal Assessment580 000 $
Municipal Land Assessment139 500 $
Municipal Building Assessment440 500 $

Construction

Number of Storeys4
Type of BuildingDetached
Type of ConstructionBrick and Wood
Year of Construction1919

Electromechanical System

Fire SystemSmoke detectors

Parking

Type of ParkingExterior
Number of Parking SpacesN/A

Area

Land Surface Area9 271 sq.ft

Building type

Laundry RoomN/A
Number of Units39 studios
Washer/Dryer InletN/A
Appliance ResponsibilityN/A
Heating ResponsibilityN/A
Hot Water ResponsibilityN/A

Features

FencedN/A
Internet and TelecomN/A
PlumbingTo be renovated
Condition of RoofTo be renovated
Condition of DoorsTo be renovated
Condition of BalconiesN/A
Concierge AgreementN/A
Intercom and DoorbellN/A
Heating SystemTo be renovated
Hot Water SystemTo be renovated
Condition of WindowsTo be renovated
Condition of KitchensTo be renovated
Electrical PanelsCircuit breakers
Exterior SidingBrick
Condition of BathroomsTo be renovated
Environmental ReportPhase II - 2017
Floor CoveringTo be renovated
Socio-Demographic Data
Azamat Kar
Azamat Kar
Team Azamat Kar
Senior VP
|
Real Estate Broker | PMML Partner
514-963-8718 azamat.kar@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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