$85,000,000 +GST/QST
195 Units for sale - Gatineau (Gatineau) (Des Fleurs,Rémi Berthiaume,Cheval Blanc)
$85,000,000 +GST/QST
$85,000,000 +GST/QST
195 Units for sale - Gatineau (Gatineau) (Des Fleurs,Rémi Berthiaume,Cheval Blanc)
$85,000,000 +GST/QST
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Rue Maurice-Beaudoin, Gatineau (Gatineau) (Des Fleurs,Rémi Berthiaume,Cheval Blanc), J9P 2J9
Investment opportunity! Welcome to the new real estate project: Les Jardins Lorrain de Gatineau. Comprising 6 buildings totaling 195 units, with a pool and common space to be built, it's the perfect location for individual investors or a group. With annual income exceeding $5,000,000, this project is situated near the extension of Boulevard La Vérendrye and the Rapibus extension. Offering a mix of housing including 1, 2, and 3-bedroom apartments, it caters to a variety of housing needs in the region. This development prioritizes community, providing a modern lifestyle for its residents.
-
Lot area:
479,426 SF - NUMBER OF ROOMS : 0
Building details and property interior
ACONS
167,870 SF
Novoclimat certification
Poured concrete
Heated , Built-in
Concrete
Addenda
Welcome to the project: Les Jardins Lorrain
Discover ModernVision's exceptional real estate project. The company offers you a turnkey solution, ensuring a hassle-free experience for buyers. Modern spaces, high-end finishes, and meticulous attention to detail make our project an incomparable living space. Choose excellence with ModernVision and make your real estate dream come true today.
Area: Rue Maurice-Beaudoin, Gatineau
Harmoniously designed complex with 6 buildings, each 4 to 5 storeys high, comprising 195 units, swimming pool and common facilities.
Vision :
To create a community-oriented development offering modern living, architectural excellence and diversified unit types.
195 units
4-5 storeys
54x - 1 bedroom
108x - 2 bedrooms
4x - 2 bedrooms + office
29x - 3 bedrooms
Benefits: Reduced material costs, supply chain control, faster project delivery.
Green spaces: Enhanced harmonious living environment.
Multifunctional path: Safety for pedestrians and cyclists in the new neighborhood.
Building configuration: 6 low-rise apartment buildings, different housing units in each, underground parking.
Building configuration:
-16
-24
-24
-27
-52
-52
Expected income:
Expected net operating income for the first full year is $3,693,285.
Capitalization rate:
Similar properties have yields of 3.84% to 4.99%. The recommended rate is 4.10% to 4.60% for this property.
Estimated value:
The property is estimated to be worth between $80,300,000 and $90,100,000. An average value of $85,000,000 is suggested based on the income approach.
Expected base rent:
Fully occupied at market rates
Projected base rental income: $4,180,800
Parking income:
188 underground parking spaces
Projected rate: $100 per space
Parking income: $225,600 per year
Financial summary:
Acquisition costs
- Land $16,200,000
- Building $68,800,000
- Total - Selling price: $85,000,000
Revenues and expenses:
- Gross operating income: $5,065,200
- Vacancies and credits: $101,304
- Effective gross revenue (EGR): $4,963,896
- Expenses: $1,270,611
Cash flow:
- Net operating income: $3,693,285
- Debt servicing: $2,959,804
- Cash flow (before tax): $733,480
+ Total shareholders' equity (payment of capital): $416,061
- Cash flow + shareholders' equity: $1,149,524
+ Appreciation: $5,955,280
- Cash flow + EQ + App: $7,104,822
Building details and property interior
ACONS
167,870 SF
Novoclimat certification
Poured concrete
Heated , Built-in
Concrete
Lot and exterior features
479,426 SF
Flat
Asphalt
Driveway : 75 , Garage : 188
Daycare centre , Park , Bicycle path , Elementary school , High school , Public transportation
Residential
Characteristics
Electric baseboard units
Novoclimat certification
Electricity
Air exchange system , Intercom , Sprinkler system
Municipality
Municipality
Included & Excluded
195 units built to plan.
Not specified
Financial details
Assessment
Taxes
- (2024)
Gross yearly revenu (potential)
Annual Expenses
Energy
NEIGHBOURHOOD STATISTICS
-
22.2%
-
20.0%
-
16.1%
-
19.9%
-
21.8%
-
33.8%
-
25.1%
-
4.6%
-
36.5%
-
0.0%
MORTGAGE PAYMENTS CALCULATOR
- These online tools were created to help you plan and achieve your goals, and to answer your housing questions. They are for personal use only.
- The results are based on the information you enter. Please contact your caisse advisor for more specific advice, for if you would like to apply for a loan or pre-approval.
-
Calculations are made using the following basic assumptions:
- The mortgage interest rate stays the same throughout the amortization period.
- The results of this calculator are estimates based on the general information you’ve entered. They can change depending on your financial situation and budget when the loan is granted.
- Note: This tool is intended to help you calculate and optimize your payments on a current mortgage loan, or one you are considering. These rates do not include any life or disability insurance. They are subject to change without notice. Some conditions apply.
Financial details
Taxes
- (2024)
Gross yearly revenu (potential)
Annual Expenses
Energy
My name is MANUEL SILVA, RE/MAX real estate broker. How may I help you?
Do you have a question?
MANUEL SILVA
RE/MAX VISION | 24 boul. St-Raymond, Gatineau (Gatineau), Québec, J8R 1Y4
- Ofc. : 819-775-9666 |
- Cell. : 819-210-0102
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- These online tools were created to help you plan and achieve your goals, and to answer your housing questions. They are for personal use only.
- The results are based on the information you enter. Please contact your caisse advisor for more specific advice, for if you would like to apply for a loan or pre-approval.
-
Calculations are made using the following basic assumptions:
- The mortgage interest rate stays the same throughout the amortization period.
- The results of this calculator are estimates based on the general information you’ve entered. They can change depending on your financial situation and budget when the loan is granted.
- Note: This tool is intended to help you calculate and optimize your payments on a current mortgage loan, or one you are considering. These rates do not include any life or disability insurance. They are subject to change without notice. Some conditions apply.