Duplex
53 55 Rue Guy J2G7J6 Granby Estrie
$350,000 CAD
MLS: 18532749
Listing agent
Description
Fully rented duplex at 53-55 Guy Street in Granby. Gross revenue of $29,940 per year for an asking price of $350,000, a gross rent multiplier of about 11.7. Two 4 1/2 units, both occupied: unit 53 at $1,250 per month (lease starting October 1, 2026) and unit 55 at $1,245 per month. Municipal and school taxes of $2,559 per year. A building that is cash flow positive day 1. A great first investment or a solid addition to your portfolio in Granby.
Overview
- Bedrooms
- 2
- Bathrooms
- 1 Bathroom
- Powder rooms
- 0
- Rooms
- 4 Rooms
- Year built
- 1953
- Living area
- NA
- Lot area
- 2 083 pc
- Building type
- Detached
- Building dimensions
- 9.25 x 7.75 meters
30 x 25 feet - Lot dimensions
- 55 x 38 feet
16.76 x 11.58 meters
Addendum
Located at 53-55 Guy Street in Granby, this duplex built in 1953 has two 4 1/2 units, both rented. A building that is easy to understand and easy to manage.
THE NUMBERS
Asking price: $350,000
Annual gross revenue: $29,940
- Unit 53: $1,250 per month, lease starting October 1, 2026
- Unit 55: $1,245 per month
2026 municipal taxes: $2,411
2026 school taxes: $148
Revenue after taxes, before other expenses: $27,381 per year
Gross rent multiplier: about 11.7
Two rents coming in every month and reasonable taxes: the math on this building just works. It is the kind of file your lender likes to read, and your accountant reads with a smile.
No unit to rent, no sign to put up, no Saturday morning tenant showings: the income is already in place on the day you take possession.
THE AREA
The property is located in an established neighbourhood of Granby, close to the city's services and amenities.
Building details
- Basement
- Low (less than 6 feet)
- Heating system
- Electric baseboard units
- Windows
- Aluminum
PVC - Foundation
- Poured concrete
- Roofing
- Elastomer membrane
Lot details
- Zoning
- Residential
Features
- Water supply
- Municipality
- Heating energy
- Electricity
- Sewage system
- Municipal sewer
Inclusions
English description not available. Here is the French description:
Baux
Exclusions
English description not available. Here is the French description:
Les biens des locataires.
Legal warranty
Sale with exclusion(s) of legal warranty – See listing broker(s)
Assessments, taxes and expenses
Municipal assessment 2026
- Land
- $56,200
- Building
- $188,800
- Total
- $245,000
Taxes and expenses
- Municipal Taxes 2026
- $2,411
- School taxes 2026
- $148
- Total
- $2,559
Property photos
53 55 Rue Guy J2G7J6 Granby Estrie · MLS 18532749
