Overview

For additional information, please see the videos below:

English: 2345-2375 Rue Ward English Video

French: 2345-2375 Rue Ward French Video

First time on the market, 88 units in two adjacent concrete buildings, developed and built in the late 1960s by the same family who owns it today. Phenomenal location with easy-access to all major highways including HWY 15, HWY 13, HWY 40 and Cote-de-Liesse, only 2 km from Du College Metro.

Great rental upside of 30.2% based on Baron Realty Rental Survey.

Both buildings have large units, a mix of 3.5s, 4.5s and 5.5s, with no basement units. All the 4.5s and 5.5s have a dining room section adjacent to the kitchen; most of the 3.5s have a large landing area that can be used as a dining room. All the 5.5 units have a powder room in addition to a full bathroom.

Many recent renovations include: laundry rooms update, balconies redone, windows, installation of piezos, updated elevators cabins and controls, brick pointing, smoke detectors, surveillance cameras, doors, roofs retarred, skylights on roofs. Some units have had the hot water tanks (hot water paid by tenants).

On a 1km radius, the area population growth is 4.0% from 2016-2021, with a very high household income of $110,937/annum. Average population age is 38.6 years.

Up to date Environmental reports and certificate of location are available. The property is sold free and clear; buyer can do own financing.

Contact us for more details info@baronrealty.ca

 

  • Units

    88 Residential Units

  • Floors

    4 + basement

  • Parking

    57 Interior | 10 Exterior

  • Gross Revenue

    $1,048,220

  • NOI

    $661,725

  • Heating

    Gas, paid by landlord

  • Hot Water

    Gas, paid by landlord

  • Land

    4,293.0 m²

  • Asking Price

    $19,200,000

VIDEO

FRENCH

ENGLISH

Location

2345 – 2375 Rue Ward

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Gallery