The Largest Number of Homes for Sale
Income properties for sale
35, 5e Avenue, Shawinigan
$1,550,000
+GST/QST
New property
$1,550,000 +GST/QST
Income properties for sale
35, 5e Avenue, Shawinigan
Features
Use of property
Residential
Year built
1903
Building area (at ground level)
6,469 sqft
Living area
12,937 sqft
Lot area
40,984 sqft
Parking (total)
Driveway (50)
Number of units
Residential (16)
Residential units
16 x Other
Potential gross revenue
$169,200
Additional features
Access to a river, Navigable body of water, Basement 6 feet or +
Description
Conversion project into a 16-unit residential building, approved by the municipality (6x3 1/2, 6x4 1/2 et 4x5 1/2). Exceptional site! Architectural plans are forthcoming. Some units are currently leased, but the building will be vacant upon completion. Estimated annual income is approximately $169,200. A professional appraisal from 2025 indicates a potential market value of $2.4 million (report available upon request). Only 50% of the land is included for this 16 plex, as the remaining 50% will be subdivided to allow for the construction of a 4-story building with 32 units. Link to the dedicated website: https://show.tours/355eavenue.
Centris No. 28455264
Need more details?
Visit the real estate broker's website to see the detailed sheet of this property.
Financial details
| Municipal assessment (2026) | |
|---|---|
| Lot | $127,900 |
| Building | $308,500 |
| Total | $436,400 |
| Taxes | |
|---|---|
| Municipal (2026) | $19,317 |
| School (2026) | $313 |
| Total | $19,630 |
See all financial details
