FOR SALE
$2,350,000 $293,750 / door

Income property · 8 units

550 3rd Avenue, Limoilou, Quebec City

PRICE/DOOR $293,750
GROSS INC $158,400
NOI $106,200
CAP 4.5%

Units and rents

Type Rent Heating Lease end
4½ $1,720 / month Tenant June 30, 2026
4½ $1,690 / month Tenant June 30, 2027
4½ $1,750 / month Tenant June 30, 2026
4½ $1,700 / month Tenant July 31, 2026
3½ $1,330 / month Tenant June 30, 2026
3½ $1,360 / month Tenant June 30, 2027
3½ $1,310 / month Tenant June 30, 2026
3½ $1,390 / month Tenant September 1, 2026

Return

Current income $158,400 Leases in effect
Potential income $172,800 Estimated market rent

Operating costs

Electrical entrance with meter Separately metered
Municipal taxes $18,600
School taxes $2,340
Insurance $7,800
Maintenance $9,400
Year built 1968

Listing broker

Pierre Lavoie Commercial real estate broker Lavoie Capitale-Nationale
Mobile
418 555-0311
Agency phone
418 555-4400
Email
p.lavoie@example.qc.ca