1680 Rue Barbeau
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1680 Rue Barbeau
8 Unit Apartment Building $1,957,741 USD ($244,718 USD/Unit) 3.92% Cap Rate Ste-Catherine, QC J5C 1C7
Some information has been automatically translated.
Executive Summary
Splendid 8-plex built in 2018 in the heart of Sainte-Catherine.
Designed by renowned architects Julie Dagenais and Associates
Directly in front of the Saint-Constant SmartCenters
2018 high-end construction with luxurious condo-quality interior finish.
Very large units with an average of 1.150 ft2 per unit
A large 5 1/2 penthouse of 1,700 sq.ft on 2 floors
A/C, central vacuum, dishwasher and washer/dryer entrances in all accommodations
Electricity, heating and hot water at the expense of the tenants
Completely sprinkled building with separating concrete floors for superior soundproofing.
*** ADVANTAGEOUS LOAN THAT CAN BE TAKEN ON***
Balance: $1.87M | Creditor: RBC SCHL | Interest rate: 1.28% | Remaining term: 2 years
Possibility to qualify for a new SCHL APH Select financing based on the criterion of energy efficiency.
Possibility to acquire the shares of the company holding the building and save on transfer taxes (the buyer must confirm with his notary)
Superb turnkey investment opportunity!
Designed by renowned architects Julie Dagenais and Associates
Directly in front of the Saint-Constant SmartCenters
2018 high-end construction with luxurious condo-quality interior finish.
Very large units with an average of 1.150 ft2 per unit
A large 5 1/2 penthouse of 1,700 sq.ft on 2 floors
A/C, central vacuum, dishwasher and washer/dryer entrances in all accommodations
Electricity, heating and hot water at the expense of the tenants
Completely sprinkled building with separating concrete floors for superior soundproofing.
*** ADVANTAGEOUS LOAN THAT CAN BE TAKEN ON***
Balance: $1.87M | Creditor: RBC SCHL | Interest rate: 1.28% | Remaining term: 2 years
Possibility to qualify for a new SCHL APH Select financing based on the criterion of energy efficiency.
Possibility to acquire the shares of the company holding the building and save on transfer taxes (the buyer must confirm with his notary)
Superb turnkey investment opportunity!
Financial Summary (Actual - 2024) |
Annual (USD) | Annual Per SF (USD) |
|---|---|---|
| Gross Rental Income |
$120,947
|
$8.37
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$3,628
|
$0.25
|
| Effective Gross Income |
$117,319
|
$8.12
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$40,643
|
$2.81
|
| Net Operating Income |
$76,675
|
$5.30
|
Financial Summary (Actual - 2024)
| Gross Rental Income (USD) | |
|---|---|
| Annual | $120,947 |
| Annual Per SF | $8.37 |
| Other Income (USD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (USD) | |
|---|---|
| Annual | $3,628 |
| Annual Per SF | $0.25 |
| Effective Gross Income (USD) | |
|---|---|
| Annual | $117,319 |
| Annual Per SF | $8.12 |
| Taxes (USD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (USD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (USD) | |
|---|---|
| Annual | $40,643 |
| Annual Per SF | $2.81 |
| Net Operating Income (USD) | |
|---|---|
| Annual | $76,675 |
| Annual Per SF | $5.30 |
Property Facts
| Price | $1,957,741 USD | Property Subtype | Apartment |
| Price Per Unit | $244,718 USD | Apartment Style | Mid Rise |
| Sale Type | Investment | Building Class | B |
| Cap Rate | 3.92% | Lot Size | 0.30 AC |
| Gross Rent Multiplier | 16.17 | Building Size | 14,456 SF |
| No. Units | 8 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 2018 |
| Price | $1,957,741 USD |
| Price Per Unit | $244,718 USD |
| Sale Type | Investment |
| Cap Rate | 3.92% |
| Gross Rent Multiplier | 16.17 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | B |
| Lot Size | 0.30 AC |
| Building Size | 14,456 SF |
| No. Stories | 4 |
| Year Built | 2018 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 2+1 | 3 | - | - |
| 3+1 | 4 | - | - |
Bike Score ®
Very Bikeable (73)
-
Marc-André Knot -
Immeubles Gloria
(514) 683-6666
x102
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