Revenue property : private senior housing and 9 apartments income Québec, Canada

Each resident is autonomous. Many have their own cars

No bodily care to provide.

Primate domain with mixed income property: (RPA) Residence for the elderly and 9 conventional dwellings. Currently, very profitable with the possibility of increasing the income and potential for expansion.
Located in a very safe, peaceful and bucolic setting 20 minutes from Granby, 25 minutes from St-Hyacinthe and 40 minutes from Drummondville.

St-Valérien de Milton

No case of coronavirus. 100% occupancy. CISSS waiting list and references.

Structure information

RAP ( Senior Résidence)) with 9 bedrooms, all rented with leases
and 9 conventional dwellings also with leases:

• 4 × 3 1/2
• 4 × 4 1/2
• 1 × 6 1/2

Living area: 12,852 sq.ft. Lot 35,255 sq.ft.

Residence to RBQ standards

Land to enlarge

Income property included in the transaction

Company Information

Residents

People who want to live in a secure residence
People looking for accommodation.

Growing demand.
Waiting list.

Staff

Experienced staff in place

Manager on site with accommodation provided, occupying 6 1/2

Employees: 1 full-time- 2 part-time

Financial information

Gross revenue: 218,529.$

EBITDA Profit: 105,478.$

Price: 948,000$ Can

Reason for selling: Retirement

Financing conditions by seller: To discuss.