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INVESTMENT OPPORTUNITY
Asking Price:
$ 2,675,000
Gross Revenues:  
$ 166,488
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Revenue and Expenses Summary
Revenues - Residential  166,488$
Revenues - Commercial 0$
Revenues - Garage/Parking 0$
Revenues - Laundry 0$
Revenues - Other 0$
Recovery of Expenses 0$
Gross Potential Revenues 166,488$
Vacancies 4,162$
Gross Effective Revenues: 162,326$
Total Taxes: 14,262$
Total Expenses: 46,480$
Net Revenue: 115,845$
Financial Summary
G.R.M. (Gross Rev. Multiplier): 16.07
N.R.M. (Net Rev. Multiplier): 23.09
Cost Per Unit: 167,188$
Sold Amount:
$ 0
Sold Date:
2019-05
Civic Number Street District
2655 - LECLAIRE MERCIER

Cross Street:

 
General Information
Property use: Residential
Residential units: 16 Units
Commercial units: 0 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: Attached
Year Built: 1955
Building Stories: 3 1/2
Lot Area: 902.2
Municipal Evaluation
Year:  2017-2019
Land:  523,300$
Building:  826,700$
Total:  1,350,000$
Number of Units
Studio(s): (1 ˝) 0
Alcove: (2 ˝) 0
1 bedroom: (3 ˝) 0
2 bedrooms: (4 ˝) 3
3 bedrooms: (5 ˝) 13
4 bedrooms & more: 0
Total nb. of Units: 16
Heating
Heating Energy: Electricity
Heating Type: Electric Baseboards
Heating Paid By: Tenants
   
Hot Water Heat: Electricity
Hot Water Paid By: Owner
   
Notes:
*** Beautiful building consisting of 16 large units located right next to the Olympic Stadium and to Viau Metro on the green line *** Very large open space apartments with hardwood floors ; Electrical heating and hot water paid by tenants (100 AMP) Washer/dryer hookups in every apartment, roof redone approx. 10 years ago, recent windows, fibre glass balconies, brick joints 2017 Excellent quality of tenants, young professionals, thorought tenant selection process done by the owners Very nice investment opportunity ! Building in amazing condition !