Investment opportunity in a rapidly growing area! Located in Saint-Isidore, this newly built 16-unit property is entirely composed of spacious 2-bedroom units. Bright living spaces, outdoor parking, and storage space are provided for each unit. Situated in a dynamic residential development, near a new childcare centre and only 20 minutes from the bridges, the property offers attractive income potential and a turnkey opportunity for investors seeking stability and peace of mind. The property will be delivered fully completed, including paving and landscaping. Attractive assumable financing at a fixed rate of 3.65%!
Assumption: Desjardins | Fixed Rate: 3.65% | Term: 5 years | Amortization: 40 years | Balance: $3,599,539
Three-storey construction with a half basement.
Energy costs paid by tenants.
Each unit includes two outdoor parking spaces and one storage space.
Central vacuum system and heated floors in the half basement.
Electric vehicle charging stations available for tenants.
New construction
Only 20 minutes from the Québec bridges.
Approximately 15 minutes from major shopping centers and essential services.
Future neighboring daycare center (CPE) scheduled for Fall 2026.
Grocery store and pharmacy located within 5 km.
Nearby parks, sports fields, arena, and cycling path.
Elementary school accessible within minutes.
| Cadastral number | 6 558 330 |
| Total Municipal Assessment | Not issued |
| Municipal Land Assessment | 343 900 $ |
| Municipal Building Assessment | Not issued |
| Number of Storeys | 3 |
| Type of Building | Detached |
| Type of Construction | Wood structure |
| Year of Construction | 2025 |
| Fire System | Yes |
| Type of Parking | Outdoor / Asphalt |
| Number of Parking Spaces | 32 |
| Land Surface Area | 23,132 square feet |
| Laundry Room | No |
| Number of Rooms | 64 |
| Number of Units | 16 x 4.5 |
| Washer/Dryer Inlet | Yes |
| Appliance Responsibility | Tenants |
| Heating Responsibility | Tenants |
| Hot Water Responsibility | Tenants |
| Fenced | No |
| Internet and Telecom | Internet included |
| Plumbing | ABS/PEX |
| Condition of Roof | New |
| Condition of Doors | New |
| Condition of Balconies | New |
| Concierge Agreement | To be verified |
| Intercom and Doorbell | Intercom system |
| Heating System | Electric baseboards and heat pumps |
| Hot Water System | Independent tanks |
| Condition of Windows | New |
| Condition of Kitchens | New - Quartz Countertops |
| Electrical Panels | Circuit breakers |
| Exterior Siding | Brick |
| Condition of Bathrooms | New |
| Environmental Report | Yes |
| Floor Covering | Vinyl and ceramic |
| yearly | % / GR | RPU (m) | |
|---|---|---|---|
| Residential | $248,508 | 100 % | $1,294 |
| Affordable res. | |||
| Commercial | |||
| Lockers | |||
| Parking | |||
| Laundry | |||
| Total revenues | $248,508 | $1,294 | |
| Vac. / Bad debt | $7,455 | 3 % | $39 |
| EGR | $241,053 | $1,255 | |
| Calc. | yearly | % OF EGR | CPU (y) | |
|---|---|---|---|---|
| Administration | Normalised | $12,053 | 5 % | $753 |
| Municipal Taxes | Estimated | $20,557 | 8.5 % | $1,285 |
| School Taxes | Estimated | $2,609 | 1.1 % | $163 |
| Insurance | Current | $7,825 | 3.2 % | $489 |
| Electricity | Estimated | $1,520 | 0.6 % | $95 |
| Heating | ||||
| Snow Removal | ||||
| Elevator | ||||
| Lawn | ||||
| Structural reserve | ||||
| Janitor | Normalised | $6,400 | 2.7 % | $400 |
| Maintenance | Normalised | $11,200 | 4.6 % | $700 |
| Appliances | ||||
| WiFi | Estimated | $2,880 | 1.2 % | $180 |
| Heat pump | ||||
| CHMC: Other Costs | Normalised | $2,411 | 1 % | $151 |
| Total expenses | $67,454 | 28.0 % | $4,216 | |
| Net Revenue | $173,599 | $10,850 |
| Maximum loan amount | $3,599,539 |
| Financing CAP | |
| Debt coverage ratio | |
| Interest Rate | 3.65 % |
| Amortization | 40 Years |
| Term | 5 Years |
| Net Revenue | $173,599 |
| Annual Mortgage Cost | $170,532 |
| Net cash after mortgage | $3,067 |
| RETURN ON INVESTMENT | |
| Down Payment | $440,461 |
| Cash on cash return | 0.7 % |
| Return on liquidity + capitalization | 10.8 % |
| Total yearly return with appreciation of 2 % | 29.12 % |
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