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INVESTMENT OPPORTUNITY
Asking Price:
$ 10,150,000
Gross Revenues:  
$ 722,448
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Revenue and Expenses Summary
Revenues - Residential  706,248$
Revenues - Commercial 0$
Revenues - Garage/Parking 4,200$
Revenues - Laundry 12,000$
Revenues - Other 0$
Recovery of Expenses 0$
Gross Potential Revenues 722,448$
Vacancies 24,719$
Gross Effective Revenues: 697,729$
Total Taxes: 60,634$
Total Expenses: 268,732$
Net Revenue: 428,998$
Financial Summary
G.R.M. (Gross Rev. Multiplier): 14.05
N.R.M. (Net Rev. Multiplier): 23.66
Cost Per Unit: 139,041$
Sold Amount:
$ 2,417,000
Sold Date:
1997/07
Civic Number Street District
25 - BRITTANY AV MONT ROYAL OUEST

Cross Street:

PRES DU CENTRE ROCKLAND  
General Information
Property use: Residential
Residential units: 73 Units
Commercial units: 0 Units
Comm. area size: 0
   
Features
Parking inside: 65
Parking outside: 6
Elevators 1
Common Washers: 5
Common Dryers: 5
Building and Lot
Building type: Detached
Year Built: 1969
Building Stories: 6 1/2
Lot Area: 40541
Municipal Evaluation
Year:  2016-2018
Land:  1,506,600$
Building:  5,483,400$
Total:  6,990,000$
Number of Units
Studio(s): (1 ˝) 0
Alcove: (2 ˝) 0
1 bedroom: (3 ˝) 48
2 bedrooms: (4 ˝) 24
3 bedrooms: (5 ˝) 1
4 bedrooms & more: 0
Total nb. of Units: 73
Heating
Heating Energy: Natural Gas
Heating Type: Hot Water
Heating Paid By: Owner
   
Hot Water Heat: Naturel Gas
Hot Water Paid By: Owner
   
Notes:
*** Concrete Residential Property consisting of 73 larger units with Elevator *** Choice area located in Town of Mont-Royal near all services and minutes walk from the train station... Many renovations have been done including: Newer windows, outside doors and balconies, newer high efficiency furnace etc. high efficiency gas furnace and water tanks, brakers in apartments, etc… Many long term tenants with lower rents! - Don't miss this rare opportunity ! Excellent investment with lots of potential !!!