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INVESTMENT OPPORTUNITY
Asking Price:
$ 6,500,000
Gross Revenues:  
$ 550,380
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Revenue and Expenses Summary
Revenues - Residential  547,380$
Revenues - Commercial 0$
Revenues - Garage/Parking 0$
Revenues - Laundry 3,000$
Revenues - Other 0$
Recovery of Expenses 0$
Gross Potential Revenues 550,380$
Vacancies 19,158$
Gross Effective Revenues: 531,222$
Total Taxes: 51,126$
Total Expenses: 221,203$
Net Revenue: 310,019$
Financial Summary
G.R.M. (Gross Rev. Multiplier): 11.81
N.R.M. (Net Rev. Multiplier): 20.97
Cost Per Unit: 83,333$
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: 78 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:  2017-2019
Land:  885,100$
Building:  4,067,400$
Total:  4,952,500$
Number of Units
Studio(s): (1 ˝) 24
Alcove: (2 ˝) 12
1 bedroom: (3 ˝) 28
2 bedrooms: (4 ˝) 14
3 bedrooms: (5 ˝) 0
4 bedrooms & more: 0
Total nb. of Units: 78
Heating
Heating Energy: Natural Gas
Heating Type: Hot Water
Heating Paid By: Owner
   
Hot Water Heat: Natural Gas
Hot Water Paid By: Owner
   
Notes:
*** Beautiful complex for a total of 77 units in the heart of Ahuntsic *** Recent renovations: roof 2019 and 2016, copper plumbing 2012, brick work 2019, water heater 2017, balconies 2012 etc. Converted a storage area into an additionnal apartment and another unit can be converted into another apartment for a total of 79 units Heating and hot water paid by the owner Excellent investment opportunity, great potential to increase revenues !