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INVESTMENT OPPORTUNITY
Asking Price:
$ 1,350,000
Gross Revenues:  
$ 156,948
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Revenue and Expenses Summary
Revenues - Residential  97,800$
Revenues - Commercial 59,148$
Revenues - Garage/Parking 0$
Revenues - Laundry 0$
Revenues - Other 0$
Recovery of Expenses 0$
Gross Potential Revenues 156,948$
Vacancies 7,074$
Gross Effective Revenues: 149,874$
Total Taxes: 16,617$
Total Expenses: 57,407$
Net Revenue: 92,467$
Financial Summary
G.R.M. (Gross Rev. Multiplier): 8.60
N.R.M. (Net Rev. Multiplier): 14.60
Cost Per Unit: 84,375$
Sold Amount:
$ 1,350,000
Sold Date:
2010-01
Civic Number Street District
5209 - 5219 DECARIE BL COTE DES NEIGES

Cross Street:

QUEEN MARY  
General Information
Property use: Semi-Commercial
Residential units: 16 Units
Commercial units: 3 Units
Comm. area size: 0
   
Features
Parking inside: 0
Parking outside: 0
Elevators 0
Common Washers: 0
Common Dryers: 0
Building and Lot
Building type: Detached
Year Built: 1941
Building Stories: 3
Lot Area: 5040
Municipal Evaluation
Year:  2007-2010
Land:  114,500$
Building:  583,000$
Total:  697,500$
Number of Units
Studio(s): (1 ½) 0
Alcove: (2 ½) 0
1 bedroom: (3 ½) 16
2 bedrooms: (4 ½) 0
3 bedrooms: (5 ½) 0
4 bedrooms & more: 0
Total nb. of Units: 16
Heating
Heating Energy: Natural Gas
Heating Type: Hot Water
Heating Paid By: Owner
   
Hot Water Heat: Naturel Gas
Hot Water Paid By: Owner
   
Notes:
*** Semi-commercial revenue property consisting of 16 apartment lofts style with one bedroom and 3 commercial units *** Located near to the Snowdon theater, Metro, Decarie Square, General Jewish Hospital, University of Montreal, and all services; Many renovations such as: New roof 2009 ($25,842); New windows 2004); New hot water tank (2004); Balconies ($16,813 ); Wooden floors; High ceilings, etc. All apartments have a large bedroom, a kitchen, a complete bathroom and the entrance that can be used as a small office. Excellent location !!!