Revenue property for sale, Trois-Rivières |
$950,000 +GST/QST

BUILDERS and INVESTORS: Super Project TO BUILD APHSelect (75-100). Already APPROVED by the City of Trois-Rivières. The Buyer must simply obtain his final construction permit. PIIA and PPCMOI approved for: Semi-detached building with 23 housing units: 17 4 ½ units, 4 3 ½ units and 2 studios (7 units are accessible on the ground floor). 3 floors and a mezanine for the front part and 3 floors for the rear part. NO excavation (no basement). Interior courtyard, vertical parking spaces for bicycles, dog park (if desired). Each plot of the project was considered with a view to better resale value.

Detailed information

Characteristics

Inclusions

Pre-purchase inspection 2021, Certificate of Location 2012, demolition and construction resolution City of Trois-Rivières, PIIA accepted, PPCMOI, Implementation and integration plan, project presentation, APPROVAL OF ...

Pre-purchase inspection 2021, Certificate of Location 2012, demolition and construction resolution City of Trois-Rivières, PIIA accepted, PPCMOI, Implementation and integration plan, project presentation, APPROVAL OF THE PROJECT BY THE CITY OF TROIS-RIVIÈRES.

Exclusions

The final building permit will be at the buyer's expense. The architect in the file will be able to continue the design work (at the buyer's expense) to complete the project already approved by the City.

Addenda

Project considered and approved in APHSelect 75 or 100

points (depending on the aspirations of the future buyer).

Fair market value $7.3M. 5-year IRR 40.8%. Minimum annual

cash flow of $85,918.

Located in the heart of Old Trois-Rivières, close to

essential shops, schools, parks and public transport, this

project offers all the advantages likely to attract quality

Calculators