RARE INVESTORs OPPORTUNITY! 4PLEX or 4 CONDOS
*INCOME$$, *LOCATION, *NEW CONSTRUCTION-VALUATION!!

4plex or 4 Condos (declaration of co-ownership and individual cadastre per Condo)

*REVENUES $$: This Quadruplex 4 condos offers excellent rental income totalizing MORE than $101,000 annually. rental income as of July 2023 with potential to increase every year without restrictions for the next 4 years (new construction the TAL - Tribunal administratif du logement (rental board)- has no control over rent increases since it is new construction.

The property is on a street corner and has 2 addresses: 1581-1583 Rue Jena Bariteau and 1550 Chemin Tiffin:

4 condos with rents as of from July 2023:
- Condo 1581: on the main floor and lower level large 4 ½:
$1900; Area square feet/square meters: 927,85 p2 / 86,20 m2
- Condo 1583: on the main floor and 2nd floor a large 4 ½:
$2010; Area square feet/square meters: 1078,54 p2 /100,20 m2
- Condo 1585: on the main floor and 2nd floor a large 5 ½:
$2330; Area square footage square meters:1187,25 p2 / 110,3 m2
- Condo 1550: on the main floor and lower level a large 5 ½:
$2220; Area square feet/square meters:1277,67 p2 / 118,70 m2

*LOCATION: Two minutes from the Jacques Cartier Bridge, the LeMoyne sector is a highly sought after residential area! located a short distance from downtown, Longueuil has a strategic location due to its proximity to several points of interest:
- METRO Longueuil (7 min)
- HOSPITAL: Charles LeMoyne (4 min),
- UNIVERSITY: Sherbrooke Campus of Longueuil (6 min);
- CEGEP: Edouard Montpetit (12 mins)
- GOLF CLUB: St Lambert (4 min),
- CHSLD: St Lambert-sur-le-golf (1 min)
- SCHOOL: Gérard-Filion Secondary (3 min), French College (4 min)
- TRANSPORT: St Lambert train station (6min),

*NEW CONSTRUCTION AND VALUATION: The property benefits from a GCR new construction insurance from the contractor. Warranty as of November 2021.

- The property is self-managed by the company 9406-2320 Québec
Inc./ owner
- At the sale, the administration of the condos will be
transferred to the new buyer.
- The notary for the sale may be the one who prepared the
declaration of co-ownership or that of the buyer.
- The letters of rent increase for July 1, 2023 have been
delivered and signed by the tenants (copies available).