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INVESTMENT OPPORTUNITY
Asking Price:
$ 1,250,000
Gross Revenues:  
$ 112,900
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Revenue and Expenses Summary
Revenues - Residential  112,200$
Revenues - Commercial 0$
Revenues - Garage/Parking 0$
Revenues - Laundry 700$
Revenues - Other 0$
Recovery of Expenses 0$
Gross Potential Revenues 112,900$
Vacancies 4,488$
Gross Effective Revenues: 108,412$
Total Taxes: 13,458$
Total Expenses: 48,669$
Net Revenue: 59,743$
Financial Summary
G.R.M. (Gross Rev. Multiplier): 11.07
N.R.M. (Net Rev. Multiplier): 20.92
Cost Per Unit: 78,125$
Sold Amount:
n/a
Sold Date:
n/a
Civic Number Street District
12250 - RANGER Ahuntsic

Cross Street:

GOUIN  
General Information
Property use: Résidentiel
Residential units: 16 Units
Commercial units: 0 Units
Comm. area size: 0
   
Features
Parking inside: 0
Parking outside: 1
Elevators 0
Common Washers: 2
Common Dryers: 2
Building and Lot
Building type: Détaché
Year Built: 1958
Building Stories: 3 1/2
Lot Area: 5302.23
Municipal Evaluation
Year:  2017-2019
Land:  229,000$
Building:  1,053,500$
Total:  1,282,500$
Number of Units
Studio(s): (1 ˝) 0
Alcove: (2 ˝) 1
1 bedroom: (3 ˝) 13
2 bedrooms: (4 ˝) 2
3 bedrooms: (5 ˝) 0
4 bedrooms & more: 0
Total nb. of Units: 16
Heating
Heating Energy: Gaz Naturel
Heating Type: Eau Chaude
Heating Paid By:
   
Hot Water Heat: Gaz Naturel
Hot Water Paid By: Propriétaire
   
Notes:
***Residential Property consisting of 16 apartments - Located close to Gouin Blvd. and all services *** Large kitchen + dinette and closet space ; bedrooms separated. Roof redone recently (2008-25,245$) ; Windows changed 2002 (30,000$ but no invoice); Most of brick work done (2013-27,299$); Newer high efficiency furnace (2015-49,210$); Kitchens and bathrooms are all very clean, all hardwood floors and many apartments redone; service lockers on each floor. Municipal evaluation contested to 1,280,000$ for 2017-2019. The City has changed the Zonage to H3, wich is a maximum of 3 units.