Maple Grove Domain – 32 Units

Project description

The project involves the construction of two 16-unit buildings, for a total of 32 rental units. Located in Maple Grove, the location is close to Highway 132 and the new highway 30. The municipality, which is less than 20 minutes from the island of Montreal, has over 11 876 inhabitants. The area sees a growing need for the renewal of its rental housing buildings. This element, combined with its geographical location, are success factors that yield an interesting expected profitability.

Characteristics

  • Investment horizon: 1 year
  • Annualized expected return on Cash Down: 28%

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