60 Rue du Marché,
Salaberry-de-Valleyfield (Montérégie), J6T1P4

Description of the property for sale

Commercial-residential building ideally located in the heart of downtown Salaberry-de-Valleyfield, offering an excellent investment opportunity with strong optimization potential. This all-brick property (four sides) features 9 residential units and 1 commercial space. Highly advantageous opportunity to assume the existing Desjardins mortgage at a rate of 3.82% a major asset in today's financing environment. Several improvements have been carried out over the years, including the roof (2013) and furnace (2016). A strategic opportunity for investors.

General Information:
- Building with 9 residential units and 1 commercial space
- Brick building, 4 sides
- Located in downtown Salaberry-de-Valleyfield

Financing/Program:
- Possibility of assuming the existing mortgage with Desjardins at a rate of 3.82%.

Income/Expenses:
- 5 tenants pay their own electricity
- 4 units are rented by the owner (approximately $2,600/month)

Parking:
- Parking available nearby (Cathedral) at a cost of approximately $50/month with a permit
- 2 parking spaces included for the commercial portion

Commercial/Residential Section:
- Commercial: 1,435 sq ft
- Residential: 4,711 sq ft

Building Features:
- Semi-commercial building erected on a 4,608 sq ft lot
- 1 commercial unit
- 7 one-bedroom apartments
- 1 two-bedroom apartment
- 1 one-bedroom apartment

Ceiling Heights:
- Ground Floor: between 8 and 9 feet
- Main floor: approximately 8 feet
- Basement: approximately 7.5 feet

Improvements:
- Roof: 2013
- Furnace: 2016
- Several improvements made in recent years

Taxes are applied to 22% of the sale price, which is equivalent to the commercial portion of the building.

Included: Light fixtures, 4 stoves, 4 refrigerators

Excluded: The tenants' personal belongings