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Income properties for sale

349 - 353, Rue de l'Hôtel-de-Ville, Farnham

$1,199,000 +GST/QST or
$1,199,000 +GST/QST or

Income properties for sale

349 - 353, Rue de l'Hôtel-de-Ville, Farnham

Features

Lifestyle
22075183 1199000 /en/multi-family-properties~for-sale~farnham/22075183?view=Summary /fr/multifamilial~a-vendre~farnham/22075183 https://passerelle.centris.ca/redirect.aspx?NoMLS=22075183&Lang=E&source=centris.ca /en/multi-family-properties~for-sale~farnham/22075183/photos 45.2826860500 -72.9776607100 true
Use of property
Residential, Commercial
Year built
1875
Available commercial area
From 1,066 sqft to 2,766 sqft
Living area
9,432 sqft
Lot area
16,734 sqft
Parking (total)
Driveway (20)
Number of units
Residential (8), Commercial (2)
Residential units
7 x 3 ½, 1 x 4 ½
Main unit
3 rooms, 1 bedroom, 1 bathroom
Potential gross revenue
$103,320
77

Description

Rare find! Semi commercial building in a sought after location in Farnham. 10 unit building composed of 8 residential units and 2 commercial spaces. Completely rebuilt in 2014! New kitchens, bathrooms, flooring electricity, plumbing, windows, roof (2009) etc.. Big lot with 20 parking spots and the possibility of building another 6 plex (ask broker for plan). Ideal for an occupying owner that wants to put his business on the ground floor with a total of 3100 sqft and a huge wooden terrace. The rents are extremely low and the possibility of raising revenue considerably. Amazing location neighboring the Farnham summer market. A must see!
Centris No. 22075183

Financial details

Municipal assessment (2020)
Lot $132,400
Building $532,000
Total $664,400
Taxes
Municipal (2024) $13,001
School (2024) $612
Total $13,613
Expenses
Gas $3,775
Insurance $13,107
Snow removal $805
Garbage $2,892
Internet $1,392
Total $21,971

Listing broker

Saguy Elbaz, Residential and Commercial Real Estate Broker

Saguy Elbaz

Residential and Commercial Real Estate Broker
Services Immobiliers Saguy Elbaz Inc.

SOTHEBY'S INTERNATIONAL REALTY QUÉBEC

Real Estate Agency
SOTHEBY'S INTERNATIONAL REALTY QUÉBEC, Real Estate Agency

Location

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Discover Farnham

Population (2016) 8,909
Population variation between 2011 and 2016 7%
Population density 97 hab/km2
Unemployment rate (2016) 6%

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property. Click here for more information.
  • Learn more about property transfer tax by clicking here.
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