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2238-2242-2250-2254 Schulz 4 Multifamily Properties Offered at $8,450,000 CAD in Multiple Locations
Investment Highlights
- - Four beautiful 8-plex buildings constructed in 2014, well located in Saint-Jérôme
- - Electric heating, dishwasher and washer/dryer hookups in all units, 12 outdoor parking spaces per building
- - Large units of over 1,000 square feet
- - Eligible for CMHC MLI Select financing with the energy efficiency criteria
Executive Summary
- Four beautiful 8-plex buildings constructed in 2014, well located in Saint-Jérôme
- Close to all services and the Carrefour du Nord shopping center
- Large units of over 1,000 square feet
- Electric heating, dishwasher and washer/dryer hookups in all units, 12 outdoor parking spaces per building
- Good potential for rent increases
- Eligible for CMHC MLI Select financing with the energy efficiency criteria
- Great investment opportunity in a rapidly growing area!
- Close to all services and the Carrefour du Nord shopping center
- Large units of over 1,000 square feet
- Electric heating, dishwasher and washer/dryer hookups in all units, 12 outdoor parking spaces per building
- Good potential for rent increases
- Eligible for CMHC MLI Select financing with the energy efficiency criteria
- Great investment opportunity in a rapidly growing area!
Taxes & Operating Expenses (Actual - 2026) |
Annual (CAD) |
|---|---|
| Gross Rental Income |
$509,640
|
| Other Income |
-
|
| Vacancy Loss |
$14,715
|
| Effective Gross Income |
$494,925
|
| Taxes |
-
|
| Operating Expenses |
-
|
| Total Expenses |
$142,525
|
| Net Operating Income |
$352,400
|
Taxes & Operating Expenses (Actual - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $509,640 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $14,715 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $494,925 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $142,525 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $352,400 |
Property Facts
| Price | $8,450,000 CAD | Number of Properties | 4 |
| Price / SF | $345.32 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 4.17% | Total Building Size | 24,470 SF |
| Sale Type | Investment | Total Land Area | 0.91 AC |
| Status | Active |
| Price | $8,450,000 CAD |
| Price / SF | $345.32 CAD / SF |
| Cap Rate | 4.17% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 24,470 SF |
| Total Land Area | 0.91 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 2254 Rue Schulz, Saint-Jerome, QC J7Y 0J9 | Multifamily | 5,000 SF | 1990 | - |
| 2238 Rue Schulz, St-Jérôme, QC J7Y 5L2 | Multifamily | 6,490 SF | 2016 | - |
| 2250 Rue Schulz, St-Jérôme, QC J7Y 0J9 | Multifamily | 6,490 SF | 2014 | - |
| 2242 Rue Schulz, St-Jérôme, QC J7Y 5L2 | Multifamily | 6,490 SF | 2015 | - |
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2238-2242-2250-2254 Schulz
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