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2 Rue Gauley

13 Unit Apartment Building $3,259,000 CAD ($250,692 CAD/Unit) 4.35% Cap Rate East Angus, QC J0B 1R0

Investment Highlights

  • 13 high-quality housing units
  • Modern, tenant-friendly design
  • Located in booming East-Angus area

Executive Summary

This upcoming construction project in 2024 will feature 13 high-quality housing units, including 4 x 5.5, 7 x 4.5, and 2 x 3.5 units, located in the rapidly growing area of East-Angus. The development offers modern, well-designed accommodation perfect for tenants, making it an attractive investment opportunity. The project benefits from advantageous financing conditions through the MLI Sélect program, enhancing its potential for a solid return on investment.

Property Facts

Price $3,259,000 CAD
Price Per Unit $250,692 CAD
Sale Type Investment
Cap Rate 4.35%
No. Units 13
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Lot Size 0.50 AC
Building Size 13,860 SF
No. Stories 3
Year Built 2024

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 2 - -
2+1 7 - -
3+1 4 - -
  • Listing ID: 33945534

  • Date on Market: 2024-11-21

  • Last Updated:

  • Address: 2 Rue Gauley, East Angus, QC J0B 1R0

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