Business Location: North & West Quebec Postal Code: J7X Relocatable: No
Business Categories:
Real Estate & Rental Buildings Real Estate & Rental Buildings
BUSINESS FEATURES
Build in 2007/ 2008 as higher end quality Condo living.
It is held in Divided co-ownership – 6 independent Condominiums with Declaration of co-ownership drafted and published by notary.
CONDOS MAY BE SOLD INDIVIDUALLY.
It is located in fast developing touristic area.
Access to Highway # 20 in 3 minutes.
Montreal West island 15 minutes, Montreal downtown 35 minutes.
Water launchers for boats are near by - St-Lawrence river - Lake St-Francois.
Bicycling, roller blade skating path near by.
Shopping, restaurants, hotel near by.
Health clubs near by.
Banking, insurance, notarial services, etc. near by.
FINANCIAL INFORMATION
Income $90,000.00 / year.
Expenses $19,000.00 / year. (includes prop/ school taxes, indemnity fund, insurance, snow cleaning, hydro for common places, garbage container, maintenance)
MARKET & COMPETITION
Highly developing area – aver. growth is 11.6%. Competitors - rental buildings (with apartments) and lower budget condo buildings (lower quality). 2 units on ground floor are destined for commercial/ office space use – it gives the higher income per square feet. Possibility of selling condo units separately gives more liquidity to this investment. Canadian Tire is opening huge warehouse this summer in the area. 900 positions will be opened - and housing will be in higher demand for possible migrant employees.
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nor for the accuracy of any language translation of it.
The Buyer should contact the Seller directly and verify
the accuracy of all information to his own satisfaction.
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