Property Information:
DEVELOPMENT OPPORTUNITY 15054HB: POTENTIAL FOR 8 UNITS maximize your investment in la cité-limoilou with this strategic site in zone 15054hb. the location features a building generating +/- $28,200 in annual income, ideal for self-financing your project during the planning phase. hi housing zoning allows for the reconstruction of a detached, semi-detached, or row building with up to 8 units. take advantage of a high-density urban sector in quebec city below market value. contact us for technical details on this high-performing and already profitable lot.
STRATEGIC LOCATION AND RECONSTRUCTION POTENTIAL IN QUEBEC CITY
For sale in Quebec City, in the booming Saint-Sauveur sector of the La Cité-Limoilou borough. This rare opportunity offers a 208.6 m² (2,245 sq. ft.) lot with dimensions of 12.85 m x 16.42 m. The current property has a living area of 124.9 m² (1,344 sq. ft.). *The areas were taken from documents we consider reliable, such as the cadastral plan, the municipal assessment roll, and/or the certificate of location.
WHERE YOUR PROJECT TAKES SHAPE
Discover a prime location offering an unbeatable position below market value. This site already features a building generating immediate profitability, making it the perfect investment vehicle for a developer. According to specification grid 15054Hb, the Housing (HI) usage allows for the possibility of rebuilding a new detached, semi-detached, or row building that can accommodate up to a maximum of 8 units. This is an exceptional densification opportunity where the current rental income of $28,200 per year acts as strategic holding income to cover your costs during your design and permitting phases.
FLOORS
The existing building consists of two distinct units across two levels. Unit 582 is a 4 ½ featuring two bedrooms and one bathroom. Unit 584 is a 3 ½ with one closed bedroom and one bathroom. This structure allows for the complete self-financing of the land upon acquisition.
THIS PROPERTY OFFERS YOU...
A major financial advantage: all energy costs (heating and electricity) as well as the water heaters are the sole responsibility of the tenants. This guarantees an optimized net return on your invested capital while awaiting reconstruction. The sale is made without legal warranty of quality, at the buyer's own risk.
ENVIRONMENT AND LOCATION
A "dense urban" location with immediate access to services, parks, and transportation. The area is renowned for its ease of commuting, ensuring the success of any future housing units built on this lot.
Notice of fair treatment to unrepresented buyers: The seller's broker will provide fair treatment to any unrepresented buyer. This means they will objectively communicate all relevant information regarding the transaction, specifically concerning the rights and obligations of all parties involved. Please note that any buyer has the right to be represented by the licensed broker of their choice.
Exclusions : Effets personnel des locataires
Building Features:
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Lot Features:
Highway, CEGEP, Daycare centre, Golf, Hospital, Park, Bicycle path, Elementary school, High school, Public transportation, University, Flat
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Utilities:
Water Connected, Sewer Connected
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Water Source:
Municipality
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Sewer:
Municipality
