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INVESTMENT OPPORTUNITY
Asking Price:
$ 5,050,000
Gross Revenues:  
$ 422,592
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Revenue and Expenses Summary
Revenues - Residential  400,212$
Revenues - Commercial 0$
Revenues - Garage/Parking 15,180$
Revenues - Laundry 7,200$
Revenues - Other 0$
Recovery of Expenses 0$
Gross Potential Revenues 422,592$
Vacancies 14,007$
Gross Effective Revenues: 408,585$
Total Taxes: 43,712$
Total Expenses: 169,999$
Net Revenue: 238,586$
Financial Summary
G.R.M. (Gross Rev. Multiplier): 11.95
N.R.M. (Net Rev. Multiplier): 21.17
Cost Per Unit: 99,020$
Sold Amount:
n/a
Sold Date:
n/a
Civic Number Street District
2065 - DUFF COURT RUE LACHINE

Cross Street:

14E AVENUE / PROVOST  
General Information
Property use: Residential
Residential units: 51 Units
Commercial units: 0 Units
Comm. area size: 0
   
Features
Parking inside: 23
Parking outside: 30
Elevators 1
Common Washers: 4
Common Dryers: 4
Building and Lot
Building type: Detached
Year Built: 1970
Building Stories: 4 1/2
Lot Area: 26400
Municipal Evaluation
Year:  2017-2019
Land:  706,600$
Building:  3,757,100$
Total:  4,463,700$
Number of Units
Studio(s): (1 ˝) 4
Alcove: (2 ˝) 5
1 bedroom: (3 ˝) 15
2 bedrooms: (4 ˝) 11
3 bedrooms: (5 ˝) 16
4 bedrooms & more: 0
Total nb. of Units: 51
Heating
Heating Energy: Natural Gas
Heating Type: Hot Water
Heating Paid By: Owner
   
Hot Water Heat: Naturel Gas
Hot Water Paid By: Owner
   
Notes:
*** Residential revenue property consisting of 51 larger units *** *** Concrete construction - Equiped with an elevator *** Located at the intersection of Highway 20 and the 14th Avenue exit; near all services, 10 minutes drive to downtown Montreal Very large individual balconies, length of apartment. Most of the windows and doors have been changed; Circuit breaker panels in each apartment. Very good condition !!!