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INVESTMENT OPPORTUNITY
Asking Price:
$ 4,150,000
Gross Revenues:  
$ 370,608
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Revenue and Expenses Summary
Revenues - Residential  347,928$
Revenues - Commercial 0$
Revenues - Garage/Parking 2,880$
Revenues - Laundry 7,800$
Revenues - Other 12,000$
Recovery of Expenses 0$
Gross Potential Revenues 370,608$
Vacancies 17,396$
Gross Effective Revenues: 353,212$
Total Taxes: 32,336$
Total Expenses: 131,083$
Net Revenue: 222,129$
Financial Summary
G.R.M. (Gross Rev. Multiplier): 11.20
N.R.M. (Net Rev. Multiplier): 18.68
Cost Per Unit: 115,278$
Sold Amount:
$ 3,803,717
Sold Date:
2017-02
Civic Number Street District
4700 - BOURRET AV Mtl. CDN/NDG

Cross Street:

VICTORIA  
General Information
Property use: Résidentiel
Residential units: 36 Units
Commercial units: 0 Units
Comm. area size: 0
   
Features
Parking inside: 13
Parking outside: 0
Elevators 1
Common Washers: 2
Common Dryers: 2
Building and Lot
Building type: Attaché
Year Built: 1960
Building Stories: 4
Lot Area: 14422
Municipal Evaluation
Year:  2017-2019
Land:  864,200$
Building:  2,755,400$
Total:  3,619,600$
Number of Units
Studio(s): (1 ˝) 0
Alcove: (2 ˝) 0
1 bedroom: (3 ˝) 21
2 bedrooms: (4 ˝) 15
3 bedrooms: (5 ˝) 0
4 bedrooms & more: 0
Total nb. of Units: 36
Heating
Heating Energy: Gaz Naturel
Heating Type: Eau Chaude
Heating Paid By: Propriétaire
   
Hot Water Heat: Gaz Naturel
Hot Water Paid By: Propriétaire
   
Notes:
*** Residential revenue property consisting of 36 units with Elevator *** Located near Metro Côte-Sainte-Catherine, Jewish General Hospital, St. Mary`s Hospital, University of Montreal, Oratoire Saint-Joseph du Mont-Royal, and all services; Long-term owner - Rents lower than the average for this area - Good potential !!!