3 1/2 x 3 1/2 x 0 1/2 x 0 1/2
$71,844
Semi-commerical quadruplex for sale! Located on a dense residential area in New Rosement, with total revenues of $75408 per year and low operating expenses, this revenue property deserves to be included in your investment portfolio
2 hot water tanks in the commercial units; 2 fridges, 2 stoves, 2 washer & dryer, 2 dishwashers, 2 microwave ovens in the upper residential units
Tenants' belongings
$308,200
$311,700
This semi-building contains 2x3 1/2 on the upper level,
always rented; Tenants pay their own heating and
electricity; 2 commercial units on the ground level, both
with access to the basement and separate entrance to the
backyard. Both are 5-year lease with option to renew. The
Beauty Salon has been in operation for more than 20+ years;
The lease was recently renewed for anther 5 years, with 5%
rent increase every year. The lease of the restaurant is
also for 5-years until November 2028 with an option to
renew for another 5 years. The restaurant is also
responsible for 30% of the property taxes. Starting
November 15 2025, the rent of the restaurant shall increase
to $2141.57. The annual gross revenues are $75408 beginning
November 15, 2025. Very low operating expenses. This
revenue building deserves to be included in your investment
portfolio.
The photos 3-6 are those of the apartment upstairs; Photos
7 & 8 are those of the beauty salon.
GST and QST are payable for the commercial portion, which
represents 60% of the sale price.
Visit with accepted offer only. Proof of down payment of
$350k+ is required with all offer to purchase.
| BUILDING | |
|---|---|
| Type | Quadruplex |
| Style | Attached |
| Dimensions | 14.21x8.23 M |
| Lot Size | 0 |
| EXPENSES | |
|---|---|
| Other rental | $ 324 / year |
| Municipal Taxes (2025) | $ 11142 / year |
| School taxes (2025) | $ 433 / year |
|
CHARACTERISTICS |
|
|---|---|
| Basement | 6 feet and over, Partially finished |
| Windows | Aluminum |
| Roofing | Asphalt and gravel |
| Proximity | Bicycle path, Cegep, Daycare centre, Elementary school, High school, Hospital, Park - green area, Public transport |
| Siding | Brick |
| Zoning | Commercial, Residential |
| Heating system | Electric baseboard units |
| Heating energy | Electricity |
| Sewage system | Municipal sewer |
| Water supply | Municipality |
| Parking | Outdoor |
| Foundation | Poured concrete |
| Window type | Sliding |
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