The Largest Number of Homes for Sale
Income properties for sale
6, Rue Yvan-Ménard, Saint-Rémi
$4,700,000
$4,700,000
Income properties for sale
6, Rue Yvan-Ménard, Saint-Rémi
Features
Use of property
Residential
Year built
1987
Lot area
36,588 sqft
Parking (total)
Driveway (48)
Number of units
Residential (32)
Residential units
2 x 2 ½, 14 x 3 ½, 16 x 4 ½
Potential gross revenue
$283,776
Additional features
Basement 6 feet or +
Description
Welcome to 32 logements situé au 6 rue Yvan-Ménard, Saint-Rémi ! 32-unit building generating $283,176 in annual income (with significant potential for growth). Built in 1987, all-brick exterior, metal roof (2014), 47 parking spaces, recent water heaters (less than 10 years old), heating costs covered by tenants. Well maintained by the same owners since 2000. Gross rent multiplier (GRM): 16.6. Cap rate: 4.72%. Sale is conditional on the simultaneous purchase of the neighboring property at 10 Yvan-Ménard Street. An ideal opportunity for investors seeking a solid, profitable multi-unit portfolio. See addendum for additional information.
Centris No. 19063802
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Visit the real estate broker's website to see the detailed sheet of this property.
Financial details
| Municipal assessment (2025) | |
|---|---|
| Lot | $828,900 |
| Building | $2,426,900 |
| Total | $3,255,800 |
| Taxes | |
|---|---|
| Municipal (2025) | $30,589 |
| School (2025) | $2,094 |
| Total | $32,683 |
| Expenses | |
|---|---|
| Electricity | $1,393 |
| Insurance | $13,261 |
| Superintendent | $4,800 |
| Snow removal | $5,382 |
| Maintenance | $2,837 |
| Garbage | $4,489 |
| Lawn | $1,564 |
| Total | $33,726 |
See all financial details
