$1,025,000+ GST-QST
35 Rue Principale
Gracefield
Gracefield
Type
Other
Bedrooms
N/A
Living area
N/A
Bathrooms
N/A
MLS® 25528927
Property description
Discover this fully leased 12-unit apartment building, offering stable rental income and excellent potential for investors seeking a profitable income-producing property. In addition to the 12 residential units, a commercial tenant is occupying the main floor will remain as a tenant under the new owner, providing an additional and diversified source of rental income.
Details
Located near
Bicycle path, Daycare centre, Elementary school, Golf, High school, Park
Taxes and expenses
| Municipal | $19,410 |
| School | $253 |
| Electricity | $2,500 |
Building and interior of the property
| Items included in the sale | Any equipment required for the proper operation of the BUILDING, as well as any furniture or appliances included under the existing leases. |
| Items excluded in the sale | Tenants' personal belongings, as well as any tools owned by the owner or the building superintendent. |
| Dimension of the front of the building | 29.24 |
| Dimension of the depth of building | 80.88 |
| Land area | 2725 |
| Year built | 1950 |
| Municipal assessment (land) | $51,600 |
| Municipal assessment (building) | $342,300 |
| Municipal assessment (total) | $393,900 |
| Assessment year | 2026 |
| Number of stories | 4 |
| Irregular building | Yes |
| Potential gross revenue | $139,200 |
| Available services | Electricity Connected, Sewer Connected, Water Connected |
| Distinctive features | Detached |
| Foundation | Poured concrete |
| Heating energy | Electricity |
| Heating system | Electric baseboard units |
| Sewage system | Municipality |
| Siding | Concrete stone, Stucco |
| Water supply | Municipality |
| Windows | Aluminum, PVC |
Addendum
| Fully leased 12-unit apartment building Stable rental income from day one Excellent return on investment potential 100% occupancy rate Ideally located in the heart of Gracefield Turnkey investment opportunity Ideal for investors looking to expand their real estate portfolio Strong long-term appreciation potential Rare investment opportunity in the Gracefield market |
