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| Asking Price: |
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Gross Revenues:
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Picture |
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Revenue and Expenses Summary |
| Revenues - Residential |
65,496$ |
| Revenues - Commercial |
0$ |
| Revenues - Garage/Parking |
1,380$ |
| Revenues - Laundry |
0$ |
| Revenues - Other |
0$ |
| Recovery of Expenses |
0$ |
| Gross Potential Revenues |
66,876$ |
|
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| Vacancies |
1,965$ |
| Gross Effective Revenues: |
64,911$ |
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| Total Taxes: |
5,495$ |
| Total Expenses: |
15,820$ |
| Net Revenue: |
49,092$ |
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Financial Summary |
| G.R.M. (Gross Rev. Multiplier): |
12.34 |
| N.R.M. (Net Rev. Multiplier): |
16.81 |
| Cost Per Unit: |
103,125$ |
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| Civic Number |
Street |
District |
| 3724 - 3738
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GERTRUDE
|
VERDUN
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Cross Street: |
Hickson
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General
Information
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Property use: |
Residential |
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Residential
units: |
8
Units |
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Commercial units: |
0
Units |
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Comm.
area size: |
0 |
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Features |
| Parking inside: |
|
1 |
| Parking outside: |
|
4 |
| Elevators |
|
0 |
| Common Washers: |
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0 |
| Common Dryers: |
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0 |
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Building
and Lot |
| Building type: |
Detached |
| Year Built: |
1920 |
| Building Stories: |
3 |
| Lot Area: |
5000 |
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Municipal
Evaluation |
| Year: |
2007-2010 |
| Land: |
139,400$ |
| Building: |
221,200$ |
| Total: |
360,600$ |
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Number of
Units |
| Studio(s): |
(1 ˝) |
0 |
| Alcove: |
(2 ˝) |
0 |
| 1 bedroom: |
(3 ˝) |
2 |
| 2 bedrooms: |
(4 ˝) |
4 |
| 3 bedrooms: |
(5 ˝) |
0 |
| 4 bedrooms & more: |
2 |
| Total nb. of Units: |
8 |
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Heating |
| Heating Energy: |
Electricity |
| Heating Type: |
Electric Baseboards |
| Heating Paid By: |
Tenant(s) |
| |
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| Hot Water Heat: |
Electricity |
| Hot Water Paid By: |
Tenant(s) |
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| Notes:
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| *** Residential revenue property consisting of 8 units - Electrically heated by tenants ***
Near Centre Hospitalier de Verdun; Metro Stations Lasalle & De l'Église and all services, Street completely redone in 2009 with gardens;
Stoves and fridges belong to the tenants, Washers & dryers hookups in all the apartments; 2 to 3 water thanks are rented but paid by tenants;
Roof redone in 2005-2008 (50/50) costing app. $15,000$; Balconies are in fiberglass; 100AMP. Brakers in all aparts; New electric entrance and all Hydro cables; Brick work done 2009 approximately $6,000; Many units renovated; etc.
Excellent rental area, well maintained and trouble free investment !!! |
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