Duplex in Rawdon

474,900 $
Description
RAWDON OPPORTUNITY! This duplex of two 4 ½ apartments offers excellent investment or owner-occupancy potential. The tenant of unit 3302 will vacate on August 22, 2026, allowing the buyer to occupy the unit or re-let it at a rate they determine, in accordance with TAL regulations. The ground-floor unit was extensively renovated in 2025. The property includes a 14,325 sq ft lot, a double garage, ample parking, and municipal water and sewer services. Zoning is RC-2, allowing for short-term rentals subject to conditional use. Located approximately 5 minutes from the village and tourist attractions. Current annual income: $26,220. A rare opportuni
Highlights
12.4x11.5 P
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11.2x9 P
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11.2x8.5 P
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9.3x12.3 P
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9.10x10.8 P
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8.1x9.0 P
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3.6x12.4 P
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Duplex located at 3302-3304 Préville Street in Rawdon, approximately 5 minutes from the village and its main amenities: schools, shops, restaurants, three grocery stores, three financial institutions, medical and dental services, as well as several regional attractions, including Dorwin Falls.
The building contains two 4 ½ apartments. Current gross rental income totals $26,220 per year.
DETAILS OF CURRENT RENTAL INCOME
3304 -- 4 ½ on the ground floor: $1,300/month 3302 -- 4 ½ on the garden level: $885/month
The lease for unit 3304 is renewed until June 30, 2027.
The tenant of unit 3302 has terminated her lease and will vacate the unit on August 22, 2026, to move into the same building as her son. After she moves out, the unit will be completely repainted in neutral colors. The buyer may then, according to their needs, occupy the unit or re-let it. The rent may be set by the buyer in accordance with the applicable laws and regulations of the Administrative Housing Tribunal. The buyer must conduct their own due diligence regarding the applicable rent and the intended use of the unit.
Each tenant currently has a parking space in the very large double garage, which has a shared access. Four parking spaces are allocated to unit 3304 and six spaces to unit 3302. The tenant of unit 3304 also has private access to the backyard, while the tenant of unit 3302 has private access to the front yard.
In 2025, $17,990 was invested in unit 3304. The work included replacing several windows, completely renovating the kitchen and bathroom, and adding a walk-in closet to the master bedroom. Several other improvements were also made. See Appendix AG 30849 in the listing documents for complete details.
PLEASE NOTE: Room dimensions were taken using a 2D laser scanner used to produce floor plans. They may therefore vary slightly.
The floor plans were completed in 2024, before the addition of the small, irregularly shaped walk-in closet in the master bedroom of 3304. Therefore, the dimensions of this room shown on the floor plan available among the registration documents should not be relied upon.
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