A complex of recently built residential buildings (2019, 2022, and 2025) totaling 76 units, spread across detached three-story brick and wood buildings. The units, mainly 3½, 4½, and 5½ types, effectively meet current rental market demand.
Each unit has a washer/dryer hookup, with kitchens and bathrooms fitted out during construction. Finishes include laminate and ceramic flooring. Heating is provided by electric baseboard heaters with independent hot water tanks; Heating, hot water, and appliance costs are borne by tenants, optimizing the operating structure.
The buildings offer outdoor and/or indoor parking spaces (up to 49 spaces depending on the asset), as well as intercom and fire alarm systems. The major components—roofs, balconies, doors, and windows—date back to the year of construction, ensuring consistency and durability.
This portfolio stands out for the quality and recentness of its assets, offering a stable profile and potential for revenue optimization in a strong rental market.
Located in a peaceful and growing residential area of Lavaltrie, the buildings enjoy a strategic location facing Notre-Dame Boulevard, a major thoroughfare offering direct access to shops, essential services, and major traffic arteries.
The area is sought after for its quality of life, proximity to elementary and high schools, and sustained residential development. The properties have large parking areas (up to 49 spaces depending on the building), including outdoor and indoor spaces, as well as shared parking in the rear. Secure storage spaces in the basement are also available to tenants.
This is a rapidly growing area, with major commercial development nearby, including the arrival of Maxi, Pharmaprix, Super C, and Starbucks, enhancing its rental appeal.
Construction 2025: 570 Notre-Dame (24 units)
Construction 2022: 561 / 571 Notre-Dame (8 units each)
Construction 2019: 540 / 550 / 560 Notre-Dame (12 units each)
Snow removal contracts have been awarded in the total amount of $25,397, as well as a lawn maintenance contract in the amount of $8,035. Additional information may be provided by the listing broker following the acceptance of an offer to purchase.
The buildings located at 561–571 are held in co-ownership.
The properties located at 561–570–571 must be sold with the assumption of the existing mortgages.
| Cadastral number | 6 281 770 et autres |
| Total Municipal Assessment | 17 378 600 $ |
| Municipal Land Assessment | 2 759 800 $ |
| Municipal Building Assessment | 14 618 800 $ |
| Number of Storeys | 3 |
| Type of Building | Isolated |
| Type of Construction | Brick and wood |
| Year of Construction | 2019 - 2022 - 2025 |
| Fire System | Smoke detectors |
| Type of Parking | Exterior |
| Number of Parking Spaces | 148 spaces |
| Laundry Room | N/A |
| Washer/Dryer Inlet | Yes, in each unit |
| Appliance Responsibility | Tenants |
| Heating Responsibility | Tenants |
| Hot Water Responsibility | Tenants |
| Plumbing | Plastic / PEX |
| Condition of Roof | Asphalt shingles (2019-2025) |
| Condition of Doors | Constructions 2019-2025 |
| Condition of Balconies | Constructions 2019-2025 |
| Concierge Agreement | Yes |
| Intercom and Doorbell | Yes |
| Heating System | Electric baseboards |
| Hot Water System | Independent tanks |
| Condition of Windows | Constructions 2019-2025 |
| Condition of Kitchens | Constructions 2019-2025 |
| Electrical Panels | Circuit breakers |
| Exterior Siding | Brick, fiber cement, and steel |
| Condition of Bathrooms | Constructions 2019-2025 |
| Environmental Report | Update to be done |
| Floor Covering | Floating / ceramic |
| yearly | % / GR | RPU (m) | |
|---|---|---|---|
| Residential | $1,425,408 | 100 % | $1,563 |
| Affordable res. | |||
| Commercial | |||
| Lockers | |||
| Parking | |||
| Laundry | |||
| Total revenues | $1,425,408 | $1,563 | |
| Vac. / Bad debt | $42,762 | 3 % | $47 |
| EGR | $1,382,646 | $1,516 | |
| Calc. | yearly | % OF EGR | CPU (y) | |
|---|---|---|---|---|
| Administration | Normalised | $67,574 | 4.9 % | $889 |
| Municipal Taxes | Current | $179,297 | 13 % | $2,359 |
| School Taxes | Current | $13,372 | 1 % | $176 |
| Insurance | Current | $27,567 | 2 % | $363 |
| Electricity | Current | $13,730 | 1 % | $181 |
| Heating | ||||
| Snow Removal | Current | $25,399 | 1.8 % | $334 |
| Elevator | ||||
| Lawn | Current | $9,951 | 0.7 % | $131 |
| Structural reserve | ||||
| Janitor | Normalised | $28,000 | 2 % | $368 |
| Maintenance | Normalised | $53,200 | 3.8 % | $700 |
| Appliances | ||||
| WiFi | Current | $3,050 | 0.2 % | $40 |
| Heat pump | ||||
| CHMC: Other Costs | Normalised | $13,826 | 1 % | $182 |
| Internet | Current | $14,414 | 1 % | $190 |
| Co-ownership fees | Current | $17,690 | 1.3 % | $233 |
| Garbage | Current | $30,132 | 2.2 % | $396 |
| Alarm Central | Current | $787 | 0.1 % | $10 |
| Total expenses | $497,989 | 36.0 % | $6,552 | |
| Net Revenue | $884,656 | $11,640 |
| schl | Ass | |
|---|---|---|
| Maximum loan amount | $17,636,734 | $11,097,284 |
| Financing CAP | 4.26 % | 5.98 % |
| Debt coverage ratio | 1.1 | 1.25 |
| Interest Rate | 3.4 % | 4.1 % |
| Amortization | 40 Years | 25 Years |
| Term | 5 Years | 5 Years |
| schl | Ass | |
|---|---|---|
| Net Revenue | $884,656 | $884,656 |
| Annual Mortgage Cost | $853,811 | $707,725 |
| Net cash after mortgage | $30,845 | $176,931 |
| RETURN ON INVESTMENT | ||
| Down Payment | $5,713,266 | $12,252,716 |
| Cash on cash return | 0.5 % | 1.4 % |
| Return on liquidity + capitalization | 4.5 % | 3.6 % |
| Total yearly return with appreciation of 2 % | 12.65 % | 7.39 % |
| Land Municipal Assessment | 364 100 $ |
| Building Municipal Assessment | 2 164 900 $ |
| Total Municipal Assessment | 2 529 000 $ |
| Land Municipal Assessment | 364 100 $ |
| Building Municipal Assessment | 2 164 900 $ |
| Total Municipal Assessment | 2 529 000 $ |
| Land Municipal Assessment | 364 100 |
| Building Municipal Assessment | 2 164 900 $ |
| Total Municipal Assessment | 2 529 000 $ |
| Land Municipal Assessment | 300 200 $ |
| Building Municipal Assessment | 1 667 600 $ |
| Total Municipal Assessment | 1 967 800 $ |
| Land Municipal Assessment | 1 067 100 $ |
| Building Municipal Assessment | 4 788 900$ |
| Total Municipal Assessment | 5 856 000$ |
| Land Municipal Assessment | 300 200 $ |
| Building Municipal Assessment | 1 667 600 $ |
| Total Municipal Assessment | 1 967 800 $ |
540 Notre-Dame, Lavaltrie 
550 Notre-Dame, Lavaltrie 
560 Notre-Dame, Lavaltrie 
561 Notre-Dame, Lavaltrie 
570 Notre-Dame, Lavaltrie 
571 Notre-Dame, Lavaltrie