90 Rue Haute Rive, East Angus, QC J0B

$1,699,000

0 Bedrooms
0 Bathrooms
2025
MLS: 12849833

Potential gross revenue

$108,720

Description

7-unit building built in 2025, fully rented: gross income of $108,720/year, GRM of 15.63 and $242,714 per door. Desjardins CMHC-insured mortgage at 3.86% until 2030, amortized to 2075, assumable subject to approval by the caisse and CMHC. Five 5½ and two 3½ units in Domaine Haute-Rive, East Angus. Heating and electricity paid by tenants; section F of the lease applies. Quartz countertops, wall-mounted heat pump, parking and storage shed for every unit; the 5½ units offer a freestanding tub, shower and powder room. The neighbouring 80, with the same layout, is also for sale.

Municipal land valuation

$165,600

Municipal building valuation

$1,327,000

Addenda

Income
Five 5½ units at $1,440 per month and two 3½ units at $930
per month, for gross income of $108,720 per year. All units
are rented, and all leases end on June 30, 2027.

Inclusions and tenant expenses
Rent includes internet, parking (2 spaces per 5½, 1 space
per 3½) and an outdoor storage shed. Heating and
electricity are paid by tenants. No appliances are supplied
by the owner.

Building less than five years old
Section F of the lease (art. 1955 C.C.Q.) applies: the
Tribunal administratif du logement cannot fix the rent
during the five years following the date the building
became ready for habitation.

Construction
Three-storey building built in 2025, brick and vinyl
siding, approximately 8,650 sq. ft. (803.5 m²) of floor
area according to the assessment roll. Wall-mounted heat
pump in every unit. Balconies, gallery and rear concrete
slab. Lot of 1,232.9 m².

Financing
Desjardins CMHC-insured mortgage at a fixed rate of 3.86%,
closed term until July 30, 2030, loan maturity in 2075. The
buyer may apply to assume the loan with the same caisse.
Assumption is subject to approval by the caisse and CMHC.
Details upon request.

Known expenses
Snow removal: $1,331 (2026-2027 contract). Lawn mowing:
$1,932 (2026 season). Tax bills and income and expense
statement upon request.

Lot and parking
The parking entrance is shared with 80 rue de la
Haute-Rive. The property is subject to the Domaine
Haute-Rive harmony regulations. Certificate of location
dated July 21, 2025 available.

Purchase of both buildings
The neighbouring 80 rue de la Haute-Rive, with the same
layout, is also for sale. An investor can acquire both, for
a total of 14 recent units side by side.

Investor package
Leases, income and expense statement, tax bills,
certificate of location and financing details available to
serious buyers.

Show details

BUILDING
Type
Style	Detached
Dimensions	51.6x52.6 P
Lot Size	13270.1 PC

EXPENSES
Insurance	$ 4185 / year
Snow removal / Lawn mowing	$ 2837 / year
Municipal Taxes (2026)	$ 19031 / year
School taxes (2026)	$ 1127 / year

CHARACTERISTICS
Roofing	Asphalt shingles
Proximity	Bicycle path, Daycare centre, Elementary school, Golf, High school, Park - green area
Siding	Brick, Vinyl
Window type	Crank handle
Heating system	Electric baseboard units
Heating energy	Electricity
Topography	Flat
Cupboard	Melamine
Sewage system	Municipal sewer
Water supply	Municipality
Foundation	Poured concrete
Windows	PVC
Zoning	Residential
Equipment available	Ventilation system, Wall-mounted heat pump

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