$210,000 +GST/QST

Lot (residential) for sale - Cowansville

$210,000 +GST/QST

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$210,000 +GST/QST

Lot (residential) for sale - Cowansville

$210,000 +GST/QST

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89 Rue Albert-Millaire, Cowansville, J2K 5H6

Invest in the exclusive Quartier des Comédiens. A great opportunity to save on GST/QST by purchasing the land now and building a high-end, four-unit apartment building within six months. Each unit features three bedrooms, a bright, open-concept living area, and a generous 14x10 ft balcony. An underground garage with private storage is included. Located in a rapidly developing area, this project represents a rare opportunity to own a modern rental building in an attractive setting. Construction is exclusive to the developer and will take place within six months of land acquisition.

  • Lot area: 1,368 SM
NICOLAS VINCENT INC.
Residential Real Estate Broker
Brokers tranquilit
Addenda
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UP-TO-DATE HIGH-END RENTAL BUILDING -- COMEDIANS' DISTRICT

Discover an exceptional investment opportunity in the heart of the Comedians' District, a rapidly developing area prized for its modernity, tranquility, and quality of life.

A 4-unit building, designed with a contemporary architectural style, is set to be built, distinguished by its meticulous construction, high-end materials, and privileged natural surroundings.

Unit Features:

- Spacious, bright open-concept living area
- Three good-sized bedrooms
- Modern bathroom
- Separate laundry room
- Large 14' x 10' private balcony
- Underground garage with adjoining private storage
- Huge 8.2' x 18.1' outdoor storage area, a rare feature in this type of project.

- Carefully selected, high-end interior finishes
- Performance and Profitability:

Designed to maximize returns, the building offers projected income of $1,880 per unit. No tenants currently, offering the freedom to select your clientele or implement your own rental strategy upon completion.

Environment and land:
At the rear, the land borders a protected natural area, guaranteeing a peaceful setting with no immediate neighbors, as well as direct access to a hiking trail. A major asset for attracting clients seeking tranquility and well-being.

Strategic location:
Located in a new, quiet, and family-friendly area, the building benefits from immediate proximity to:
- Essential shops and services
- Supermarkets and large stores
- Highways 104, 139, and 202, allowing for quick access to surrounding towns

A comprehensive, sustainable, and well-thought-out rental project, combining modern design, financial stability, and quality of life. A sound investment for any investor looking to secure a solid asset in a rapidly growing sector.

According to Article 16 of the brokerage regulations, in effect since June 10, 2022, buyers are advised to be represented by a broker in real estate transactions. The listing broker represents the seller; however, they may still complete a transaction without the buyer being represented by another broker. In this case, the listing broker will provide the buyer with objective and fair information relevant to the transaction, particularly regarding the rights and obligations of all parties. The buyer will then sign a notice stating that they are not represented by a broker.

Lot and exterior features
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102'4" X 146' Irregular

1,368.4 SM

Flat

Big box stores, Services , Daycare centre , Golf , Bicycle path , Elementary school , High school , CARAC.PROX.SMOT , CARAC.PROX.SVTT

Residential , Other

Characteristics
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Municipality

Municipality

Included & Excluded
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Upon signing the preliminary contract for the future construction of the 4-plex: 1) Construction plan and specifications, 2) GCR Guarantee, 3) Proof confirmation from the City of Cowansville that the 4-plex construction project is authorized.

Not specified

Financial details
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Assessment
    Taxes
    89 Rue Albert-Millaire, Cowansville, J2K 5H6
    NEIGHBOURHOOD STATISTICS
    • Statistics Person living alone
    • Statistics Families with children
    • Statistics Families with no children
    • 25.2%
    • 34.2%
    • 19.7%
    • 12.3%
    • 8.6%
    • 18.9%
    • 5.2%
    • 3.1%
    • 72.8%
    • 0.0%
    UnilingualFrenchUnilingualEnglishBilingual(fr/en)Other 0% 10% 20% 30% 40% 50% 60% 70% 80% 90%100%
    • Statistics Household
    • Statistics Individual
    • Statistics Owners
    • Statistics Renters
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    NICOLAS VINCENT INC.
    Residential Real Estate Broker
    Brokers tranquilit

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