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Listed by Marie-Pier Desormeaux
$1,699,000
Est. payment /mo
0.3 Acres Lot
New
80 Rue Haute-Rive East Angus, QC J0B1R0
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Key Details
Property Type Single Family Home, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 9454242
Style Detached
Year Built 2024
Lot Size 0.299 Acres
Property Description
7-unit building constructed in 2024, fully rented: income of $108,720/year, GRM of 15.63 and $242,714 per door. Five 5½ and two 3½ units at Domaine Haute-Rive, in East Angus. Heating and electricity paid by tenants; Section F of the lease applies. CMHC financing at 4.69% until 2029, assumable subject to lender approval. Quartz countertops, wall-mounted heat pump, parking and storage shed for each unit; the 5½ units feature a freestanding tub, large shower, powder room and walk-in pantry. No. 90, next door and with the same layout, is also available.
Revenue
Five 5½ units at $1,440 per month and two 3½ units at $930 per month, for a total of $108,720 per year. All leases end on June 30, 2027. Internet, parking (2 spaces per 5½, 1 space per 3½) and an outdoor storage shed are included. Heating and electricity are paid by the tenants, and no appliances are supplied by the owner.
Building under five years old
Section F of the lease (art. 1955 C.C.Q.) applies: the Tribunal administratif du logement (Québec's housing tribunal) cannot fix the rent during the five years following the date the building became ready for habitation.
Construction
Three-storey building constructed in [2024 / 2025], brick and vinyl siding, gross floor area of approximately 8,650 sq. ft. according to the assessment roll. Wall-mounted heat pump in each unit.
Financing
CMHC-insured National Bank loan (MLI Select), 4.69% fixed until February 10, 2029, 40-year amortization.
Any assumption of the loan is subject to approval by the lender and CMHC.
Lot and parking
The parking entrance is shared with [90 / 80] rue de la Haute-Rive. The property is subject to the Domaine Haute-Rive community harmony bylaws. A certificate of location dated April 15, 2024 is available.
Acquiring both buildings
[90 / 80] rue de la Haute-Rive, next door and with the same layout, is also for sale. An investor can acquire both, for a total of 14 recent units side by side.
Investor package
Leases, income and expense statement, tax bills, certificate of location and financing details are available to serious buyers.
Revenue
Five 5½ units at $1,440 per month and two 3½ units at $930 per month, for a total of $108,720 per year. All leases end on June 30, 2027. Internet, parking (2 spaces per 5½, 1 space per 3½) and an outdoor storage shed are included. Heating and electricity are paid by the tenants, and no appliances are supplied by the owner.
Building under five years old
Section F of the lease (art. 1955 C.C.Q.) applies: the Tribunal administratif du logement (Québec's housing tribunal) cannot fix the rent during the five years following the date the building became ready for habitation.
Construction
Three-storey building constructed in [2024 / 2025], brick and vinyl siding, gross floor area of approximately 8,650 sq. ft. according to the assessment roll. Wall-mounted heat pump in each unit.
Financing
CMHC-insured National Bank loan (MLI Select), 4.69% fixed until February 10, 2029, 40-year amortization.
Any assumption of the loan is subject to approval by the lender and CMHC.
Lot and parking
The parking entrance is shared with [90 / 80] rue de la Haute-Rive. The property is subject to the Domaine Haute-Rive community harmony bylaws. A certificate of location dated April 15, 2024 is available.
Acquiring both buildings
[90 / 80] rue de la Haute-Rive, next door and with the same layout, is also for sale. An investor can acquire both, for a total of 14 recent units side by side.
Investor package
Leases, income and expense statement, tax bills, certificate of location and financing details are available to serious buyers.
Location
Province QC
Exterior
Lot Depth 106.1
Building
Story 3rd floor
NEARBY SCHOOL & BUSINESS
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