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5101 Rue Frontenac

6,516 SF 100% Leased Retail Building Lac-Mégantic, QC G6B 1H2 £490,732 (£75/SF) 3.69% Net Initial Yield

Investment Highlights

  • 5 x 4.5 residential units
  • Novoclimat 2.0 certified construction
  • Lake view with strategic location

Executive Summary

This beautiful semi-commercial building, constructed in 2017, is located in the heart of Mégantic, offering lake views and a strategic location for both residential and commercial purposes. The property features 5 spacious 4.5-unit residential apartments and 1 commercial unit, all built to high-quality standards with Novoclimat 2.0 certification. Each unit is equipped with a heat pump for efficient climate control. Whether you're looking for an investment property with consistent rental income or a prime location for your business, this building offers excellent opportunities. Its modern construction and attractive location make it a great choice for discerning buyers.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,516 SF
Building Class
B
Year Built
2017
Price
£490,732
Price Per SF
£75
Net Initial Yield
3.69%
NOI
£18,132
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Building FAR
0.74
Lot Size
0.20 AC
Parking
6 Spaces (0.92 Spaces per 1,000 SF Leased)
Walk Score ®
Very Walkable (73)
Bike Score ®
Very Bikeable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Metro, Inc.
Tim Hortons
St Hubert
  • Listing ID: 33871667

  • Date on Market: 14/11/2024

  • Last Updated:

  • Address: 5101 Rue Frontenac, Lac-Mégantic, QC G6B 1H2

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