Quintuplex in Salaberry-de-Valleyfield
58
619,900 $ +GST/QST
2|
1
Description
Income-producing property, both commercial and residential, consisting of 3 commercial units on the ground floor and 2 upstairs 4½ apartments, offering a potential gross annual income of $48,000. (Currently, one of the commercial units is vacant.) Well-maintained building located on a main thoroughfare. The 2 apartments as well as 2 of the 3 commercial units have been renovated. Parking spaces available at the rear.
Highlights
Year built
1895
Potential gross revenue
48,000 $
Basement
No basement, Crawl Space
Roofing
Asphalt shingles, Elastomer membrane
Parking (total)
Outdoor
Zoning
Commercial, Residential
Heating system
Electric baseboard units
Heating energy
Electricity
Water supply
Municipality
Driveway
Not Paved
Sewage system
Municipal sewer
Included
Washers and dryers, 2 wall-mounted heat pumps in units 110A and 112. The 2 portable air conditioners, rooms 108 and 110.
Excluded
The tenants' personal belongings.
Taxes
Municipal Taxes (2025)
7 408 $
School taxes (2025)
208 $
Total
7 616 $
Municipal evaluation(2026)
Land
120 400 $
Building
218 600 $
339 000 $
Work completed since acquisition: The two residential units on the second floor (110A and 112) were largely restored in 2023. The two commercial units, 108 and 110, were fully renovated in 2023. Exterior lighting was added on the left side and on the front façade. The sale of the building will be taxable at a rate of 50% for the commercial portion.
Life Style
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