(819) 300-7770 info@lachancedesormeaux.com
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80 Rue Haute Rive,
East Angus, QC J0B 1R0

  • $1,699,000
  • MLS: 9454242

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.

Type
Style Detached
Dimensions 53.6x52.6 P
Lot Size 13027.6 PC

Insurance $ 3989 / year
Snow removal / Lawn mowing $ 2837 / year
Municipal Taxes (2026) $ 14134 / year
School taxes (2026) $ 1064 / year

Roofing Asphalt shingles
Available services Balcony/terrace, Outdoor storage space
Proximity Bicycle path, Daycare centre, Elementary school, Golf, High school, Park - green area
Siding Brick, Vinyl
Window type Crank handle
Heating system Electric baseboard units
Heating energy Electricity
Topography Flat
Cupboard Melamine
Sewage system Municipal sewer
Water supply Municipality
Foundation Poured concrete
Windows PVC
Zoning Residential
Equipment available Ventilation system, Wall-mounted heat pump

80 Rue Haute Rive, East Angus, QC J0B 1R0

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