Income properties for sale
10, Rue Yvan-Ménard, Saint-Rémi
$2,300,000
Features
Use of property
Residential
Year built
2017
Lot area
10,646 sqft
Parking (total)
Driveway (16)
Number of units
Residential (8)
Residential units
8 x 4 ½
Potential gross revenue
128,220 $
Additional features
Basement 6 feet or +
Description
Welcome to the 8-unit building located at 10 Yvan-Ménard Street, St-Rémi! This modern building, constructed in 2017, generates $128,220 in annual income. It has an area of 10,646 sq. ft., 16 parking spaces, private balconies with glass railings, wall-mounted air conditioning, electric heating at the tenants' expense, metal roofing, and high-quality materials. The property has been meticulously maintained by the original owners. Gross Rent Multiplier (GRM): 17.94. Cap rate: 4.51%. This sale is conditional on the joint purchase of the neighboring building at 6 Yvan-Ménard Street. A rare opportunity for investors seeking a high-performing asset.
Centris No. 23709495
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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 | $445,100 |
Building | $1,398,100 |
Total | $1,843,200 |
Taxes | |
---|---|
Municipal (2025) | $13,264 |
School (2024) | $1,186 |
Total | $14,450 |
Expenses | |
---|---|
Electricity | $577 |
Insurance | $3,826 |
Superintendent | $1,524 |
Snow removal | $2,190 |
Garbage | $1,496 |
Lawn | $517 |
Total | $10,130 |
See all financial details