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INVESTMENT OPPORTUNITY
Asking Price:
$ 8,600,000
Gross Revenues:  
$ 664,860
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Revenue and Expenses Summary
Revenues - Residential  652,500$
Revenues - Commercial 0$
Revenues - Garage/Parking 2,760$
Revenues - Laundry 9,600$
Revenues - Other 0$
Recovery of Expenses 0$
Gross Potential Revenues 664,860$
Vacancies 26,100$
Gross Effective Revenues: 638,760$
Total Taxes: 75,169$
Total Expenses: 227,969$
Net Revenue: 410,791$
Financial Summary
G.R.M. (Gross Rev. Multiplier): 12.94
N.R.M. (Net Rev. Multiplier): 20.94
Cost Per Unit: 126,471$
Sold Amount:
n/a
Sold Date:
n/a
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:  2017-2019
Land:  1,463,800$
Building:  5,564,200$
Total:  7,028,000$
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: Tenant(s)
   
Hot Water Heat: Electricity
Hot Water Paid By: Tenant(s)
   
Notes:
Revenu property consisting of 68 units ( 26 units are Cottage Style) - Electric heating and hot water paid by tenants Close to Place Portobello shopping center, bus metro & 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 in 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!