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INVESTMENT OPPORTUNITY
Asking Price:
$ 3,200,000
Gross Revenues:  
$ 208,480
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Revenue and Expenses Summary
Revenues - Residential  202,500$
Revenues - Commercial 0$
Revenues - Garage/Parking 5,220$
Revenues - Laundry 760$
Revenues - Other 0$
Recovery of Expenses 0$
Gross Potential Revenues 208,480$
Vacancies 7,594$
Gross Effective Revenues: 200,886$
Total Taxes: 25,079$
Total Expenses: 63,914$
Net Revenue: 136,972$
Financial Summary
G.R.M. (Gross Rev. Multiplier): 15.35
N.R.M. (Net Rev. Multiplier): 23.36
Cost Per Unit: 188,235$
Sold Amount:
$ 2,750,000
Sold Date:
2017-06
Civic Number Street District
634 - 640 PRINCE ARTHUR O CENTRE OUEST

Cross Street:

UNIVERSITY  
General Information
Property use: Residential
Residential units: 17 Units
Commercial units: 0 Units
Comm. area size: 0
   
Features
Parking inside: 2
Parking outside: 3
Elevators 0
Common Washers: 1
Common Dryers: 1
Building and Lot
Building type: Semi-Detached
Year Built: 1915
Building Stories: 3 1/2
Lot Area: 5278.62
Municipal Evaluation
Year:  2017-2019
Land:  833,700$
Building:  1,735,000$
Total:  2,568,700$
Number of Units
Studio(s): (1 ˝) 3
Alcove: (2 ˝) 3
1 bedroom: (3 ˝) 4
2 bedrooms: (4 ˝) 7
3 bedrooms: (5 ˝) 0
4 bedrooms & more: 0
Total nb. of Units: 17
Heating
Heating Energy: Electricity
Heating Type: Electric Baseboards
Heating Paid By: Tenant(s)
   
Hot Water Heat: Electricity
Hot Water Paid By: Tenant(s)
   
Notes:
*** Beautiful Revenue Property consisting of 17 units *** Located in the heart of McGill Ghetto with all the old charm 250,000$ in renovation 2016 : 4 apartments and all the common areas completely renovated Bicycle path at the door and close to transport and all the amenities *** LOTS OF POTENTIAL ***