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INVESTMENT OPPORTUNITY
Asking Price:
$ 4,200,000
Gross Revenues:  
$ 475,256
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Revenue and Expenses Summary
Revenues - Residential  470,256$
Revenues - Commercial 0$
Revenues - Garage/Parking 0$
Revenues - Laundry 5,000$
Revenues - Other 0$
Recovery of Expenses 0$
Gross Potential Revenues 475,256$
Vacancies 18,810$
Gross Effective Revenues: 456,446$
Total Taxes: 35,504$
Total Expenses: 145,749$
Net Revenue: 310,696$
Financial Summary
G.R.M. (Gross Rev. Multiplier): 8.84
N.R.M. (Net Rev. Multiplier): 13.52
Cost Per Unit: 54,545$
Sold Amount:
n/a
Sold Date:
n/a
Civic Number Street District
2915 - 2925 HENRI BOURASSA BL E AHUNTSIC

Cross Street:

J.J. GAGNIER & ST-MICHEL  
General Information
Property use: Residential
Residential units: 77 Units
Commercial units: 0 Units
Comm. area size: 0
   
Features
Parking inside: 8
Parking outside: 0
Elevators 0
Common Washers: 2
Common Dryers: 2
Building and Lot
Building type: Detached
Year Built: 1966
Building Stories: 3 1/2
Lot Area: 20592
Municipal Evaluation
Year:  2007-2010
Land:  547,500$
Building:  1,924,500$
Total:  2,472,000$
Number of Units
Studio(s): (1 ½) 23
Alcove: (2 ½) 13
1 bedroom: (3 ½) 27
2 bedrooms: (4 ½) 13
3 bedrooms: (5 ½) 1
4 bedrooms & more: 0
Total nb. of Units: 77
Heating
Heating Energy: Natural Gas
Heating Type: Hot Water
Heating Paid By: Owner
   
Hot Water Heat: Oil
Hot Water Paid By: Owner
   
Notes:
*** Two residential revenue property totalling 77 units (possibility of building 3 additional units in the garage) *** Located near CEGEP, Parks, Public transport and all services; All hardwood finished floors, Environmental analysis completed, Many renovations in 2005: Windows & doors; Balconies; Kitchens and bathrooms; etc., 3 additional 3.5 apartments can be built in the basement @ a monthly rental value of app. 625$ each !!! 90% of the rent paid within the first days of the month - few vacants !!!