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INVESTMENT OPPORTUNITY
Asking Price:
$ 8,900,000
Gross Revenues:  
$ 676,128
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Revenue and Expenses Summary
Revenues - Residential  658,740$
Revenues - Commercial 0$
Revenues - Garage/Parking 0$
Revenues - Laundry 9,600$
Revenues - Other 7,788$
Recovery of Expenses 0$
Gross Potential Revenues 676,128$
Vacancies 19,762$
Gross Effective Revenues: 656,366$
Total Taxes: 74,318$
Total Expenses: 219,650$
Net Revenue: 436,716$
Financial Summary
G.R.M. (Gross Rev. Multiplier): 13.16
N.R.M. (Net Rev. Multiplier): 20.38
Cost Per Unit: 130,882$
Sold Amount:
$ 8,750,000
Sold Date:
2019-07
Civic Number Street District
7350 - TISSERAND AV BROSSARD

Cross Street:

Therrien, Place Portobello  
General Information
Property use: Residential
Residential units: 68 Units
Commercial units: 0 Units
Comm. area size: 0
   
Features
Parking inside: 0
Parking outside: 84
Elevators 1
Common Washers: 4
Common Dryers: 4
Building and Lot
Building type: Detached
Year Built: 1977
Building Stories: 4
Lot Area: 79605
Municipal Evaluation
Year:  2019-2021
Land:  2,225,700$
Building:  5,594,300$
Total:  7,820,000$
Number of Units
Studio(s): (1 ˝) 0
Alcove: (2 ˝) 0
1 bedroom: (3 ˝) 10
2 bedrooms: (4 ˝) 38
3 bedrooms: (5 ˝) 20
4 bedrooms & more: 0
Total nb. of Units: 68
Heating
Heating Energy: Electricity
Heating Type: Electric Baseboards
Heating Paid By: Tenants
   
Hot Water Heat: Electricity
Hot Water Paid By: Tenants
   
Notes:
Revenue property consisting of 68 units (26 units are Cottage Style) - Electric heating and hot water paid by tenants In front of Place Portobello shopping center and all services - Wing A completely redone following a major fire in 2010 at a cost of over 6,000,000$, Wing B partially renovated. Roof redone approximatly in 2010 and 2016, new elevator in 2010, many water tanks recently changed; all braker entrance, dishwashers, washer/dryer hookups in many apartments; modern alarm system with cameras, floating flooring or carpet; Copper plumbing, very large balconies (5'x16'), All apts are on floors 1 to 4, none in basement. Excellent location! Great tenants! Almost no vacants!