$1,479,900

Investment For Sale In Grenville, Quebec

$1,479,900

Property Information:

***RARE ON THE MARKET *** Income building of 9 units = 1 X 3½, 7 X 4½ and 1 X 5½. A large parking lot. This building offers additional potential income thanks to its large basement of nearly 3,000 square feet which could be converted for rental or storage as needed. Located in an enchanting environment of the Ottawa River (swimmable) you are close to amenities. A place where it is good to live, invest and recharge your batteries. The building underwent a complete transformation when it was acquired in 2011, only the shell was preserved, the rest was rebuilt with quality.

INVESTORS, DON'T MISS THIS OPPORTUNITY

Income building with 9 units:

1 X 3½
7 X 4½
1 X 5½ ((converted into 2 bedrooms)
Large parking lot for all

Take advantage of additional potential income thanks to a large basement of nearly 3,000 square feet that can be converted for rental or storage according to your needs. Includes DS apartments for maximum flexibility.

Annual gross income: $104 400 starting on July 1st 2025

Total expenses: $10,505 Operating expenses (taxes and expenses): $23,669

Located in an enchanting setting on the banks of the Ottawa River (swimming possible), this building is close to all amenities. A true haven of peace where it is good to live, invest and recharge your batteries.

The building underwent a complete transformation when it was acquired in 2011: only the exterior structure was preserved, everything else was rebuilt with top quality materials. Peace of mind!

The Seller's Declaration will provide you with more details.

Welcome!

Exclusions : Personal belongings of tenants

Building Features:

  • Basement: 6 feet and more
  • Distinctive Features: No rear neighbours
  • Driveway: Unpaved
  • Kitchen Cabinets: Melamine
  • Lot: Wooded
  • Parking: Driveway
  • Property or unit amenity: Air exchange system
  • Proximity: Highway, Elementary school, High school
  • Roofing: Elastomeric membrane
  • Siding: Brick, Vinyl
  • Size: 21.64 x 18.45 METRE
  • Topography: Flat
  • Window Type: Casement, French door
  • Windows: PVC
  • Heating System: Electric baseboard units
  • Heating Energy: Electricity
  • Water Supply: Municipality
  • Sewage System: Municipality

Potential Gross Revenue:

  • Residential: $104,400

Taxes:

  • Municipal Tax: $12,523
  • School Tax: $641
  • Annual Tax Amount: $13,164

Property Assessment:

  • Lot Assessment: $58,600
  • Building Assessment: $666,300
  • Total Assessment: $724,900

Property Features:

  • Bedrooms: 2
  • Bathrooms: 1
  • Built in: 1911
  • Irregular: Yes
  • Lot Depth: 74.07 Metre
  • Lot Frontage: 48.92 Metre
  • Lot Size: 3772.30 Square Metres
  • Zoning: RESI
  • No. of Parking Spaces: 18

Revenue Units:

  • Pieces 4
  • Bedrooms 2
  • Baths 1
  • Pieces 3
  • Bedrooms 1
  • Baths 1
  • Pieces 4
  • Bedrooms 2
  • Baths 1
  • Pieces 4
  • Bedrooms 2
  • Baths 1
  • Pieces 4
  • Bedrooms 2
  • Baths 1
  • Pieces 4
  • Bedrooms 2
  • Baths 1
  • Pieces 4
  • Bedrooms 2
  • Baths 1
  • Pieces 4
  • Bedrooms 2
  • Baths 1
  • Pieces 5
  • Bedrooms 2
  • Baths 1

Courtesy of: Royal LePage Habitations

Data provided by: Centris - 600 Ch Du Golf, Ile -Des -Soeurs, Quebec H3E 1A8
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved.

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