Building Conversion 16 units + 2 commercial (15% yield)

Looking for 3.5M investment that will generate 15% yield within 12-18 months

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Real estate project in a PRIME location in Montreal Downtown, Canada, on a major street. 
Empty concrete building  to be converted in a 16 residential units + 2 commercial space. High ceilings, large windows.
All plans ready and permits within 1 month. Investment 3.5M. Profit 525k/year. 12-18 months
The bank will finance the construction. 

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