Lemieux Portfolio 9 Multifamily Properties Offered at $7,092,097 in Granby, QC

THE OFFERING
IMMEUBLES GLORIA and YESARRAZIN are pleased to represent the seller in offering for sale, on an exclusive basis, a portfolio of nine buildings located on Lemieux Street in Granby, a multi-residential complex that is part of a horizontal co-ownership situated along the shores of Lac Boivin.
The nine buildings were constructed recently, between 2012 and 2019, and comprise 35 units: two 3½, ten 4½, sixteen 5½, and seven 6½ units, including 25 townhouse-style dwellings on two floors with basements, as well as 70 outdoor parking spaces. A cadastral division process is underway to convert the units into divided condominiums. The property stands out for its excellent overall condition, its potential for sale as individual condominiums, and its long-term appreciation prospects.
This memorandum presents a unique opportunity to acquire a portfolio within the horizontal co-ownership Cité du Lac, bordering the magnificent Lac Boivin in Granby.
LOCATION
Granby is a charming town known for its vibrant community and picturesque landscapes. Located in the Montérégie region, it offers a perfect blend of urban amenities and natural beauty. The town is home to the renowned Granby Zoo, attracting visitors from all over. Granby's downtown area features a variety of shops, restaurants, and cultural venues, creating a lively atmosphere. Outdoor enthusiasts can explore numerous parks, bike trails, and the scenic Lac Boivin.
Granby also hosts various festivals and events throughout the year, fostering a strong sense of community. With excellent schools and healthcare facilities, it's a great place for families. Granby's welcoming spirit and diverse attractions make it a delightful place to live and visit.
PROPERTY 1
Address : 7 rue LEMIEUX #1 TO #4, GRANBY, QC, J2H 0Z1
Legal Description : Private portion: Lot # 4 790 104 Cadastre du Québec
Co-ownership Share : 3.36 %
Lot Area : ± 13 048 sq.ft (private portion)
Construction Year : 2014
Parking : 8 spaces (exterior)
Average Unit Size : ± 1 345 sq.ft (plus basement)
Units Details :
4 x 5 ½ on 2 floors + basement, townhouse style
TOTAL : 4 units
PROPERTY 2
Address : 11 rue LEMIEUX #1 TO #5, GRANBY, QC, J2H 0Z1
Legal Description : Private portions: Lots # 5 446 992 à 5 446 997 Cadastre du Québec
Co-ownership Share : 2.80 %
Lot Area : ± 18 057 sq.ft (private portion)
Construction Year : 2014
Parking : 11 spaces (exterior)
Average Unit Size : ± 1 345 sq.ft (plus basement)
Units Details :
3 x 5 ½ on 2 floors + basement, townhouse style
2 x 6 ½ on 2 floors + basement, townhouse style
TOTAL: 5 units
PROPERTY 3
Address : 12 rue LEMIEUX #1 TO #3, GRANBY, QC, J2H 0Z1
Legal Description : Private portion: Lot # 4 790 106 Cadastre du Québec
Co-ownership Share : 1.20 %
Lot Area : ± 7 180 sq.ft (private portion)
Construction Year : 2012
Parking : 6 spaces (exterior)
Average Unit Size : ± 1 345 sq.ft (plus basement)
Units Details :
3 x 5 ½ on 2 floors + basement, townhouse style
TOTAL : 3 units
PROPERTY 4
Address : 16 rue LEMIEUX #1 TO #4, GRANBY, QC, J2H 0Z1
Legal Description : Private portion: Lot # 4 790 095 Cadastre du Québec
Co-ownership Share : 1.94 %
Lot Area : ± 7 180 sq.ft (private portion)
Construction Year : 2012
Parking : 6 spaces (exterior)
Average Unit Size : ± 1 065 sq.ft
Units Details :
2 x 3 ½ basement
2 x 5 ½ on 2 floors
TOTAL: 4 units
PROPERTY 5
Address : 17 rue LEMIEUX #1 TO #5, GRANBY, QC, J2H 0Z1
Legal Description : Private portions: Lots # 4 790 098 and 4 790 099 Cadastre du Québec
Co-ownership Share : 3.88 %
Lot Area : ± 10 270 sq.ft (private portion)
Construction Year : 2016
Parking : 11 spaces (exterior)
Average Unit Size : ± 1 340 sq.ft (plus basement)
Units Details :
5 x 6 ½ on 2 floors + basement, townhouse style
TOTAL : 5 units
PROPERTY 6
Address : 22 rue LEMIEUX #1 TO #3, GRANBY, QC, J2H 0Z1
Legal Description : Private portion: Lot # 4 790 092 Cadastre du Québec
Co-ownership Share : 1.46 %
Lot Area : ± 4 042 sq.ft (private portion)
Construction Year : 2019
Parking : 6 spaces (exterior)
Average Unit Size : ± 1 040 sq.ft
Units Details :
3 x 4 ½
TOTAL : 3 units
PROPERTY 7
Address : 24 rue LEMIEUX #1 TO #3, GRANBY, QC, J2H 0Z1
Legal Description : Private portion: Lot # 4 708 191 Cadastre du Québec
Co-ownership Share : 1.46 %
Lot Area : ± 4 183 sq.ft (private portion)
Construction Year : 2012
Parking : 6 spaces (exterior)
Average Unit Size : ± 1 040 sq.ft
Units Details :
3 x 4 ½
TOTAL : 3 units
PROPERTY 8
Address : 30 rue LEMIEUX #1 TO #5, GRANBY, QC, J2H 0Z1
Legal Description : Private portion: Lot # 4 708 187 Cadastre du Québec
Co-ownership Share : 2.43 %
Lot Area : ± 10 554 sq.ft (private portion)
Construction Year : 2012
Parking : 10 spaces (exterior)
Average Unit Size : ± 1 295 sq.ft (plus basement)
Units Details :
2 x 4 ½ on 2 floors + basement, townhouse style
3 x 5 ½ on 2 floors + basement, townhouse style
TOTAL: 5 units
PROPERTY 9
Address : 40 rue LEMIEUX #1 TO #3, GRANBY, QC, J2H 0Z1
Legal Description : Private portion: Lot # 5 782 902 Cadastre du Québec
Co-ownership Share : 1.70 %
Lot Area : ± 3 176 sq.ft (private portion)
Construction Year : 2016
Parking : 6 spaces (exterior)
Average Unit Size : ± 1 275 sq.ft (plus basement)
Units Details :
2 x 4 ½ on 2 floors + basement, townhouse style
1 x 5 ½ on 2 floors + basement, townhouse style
TOTAL: 3 units