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INVESTMENT OPPORTUNITY
Asking Price:
$ 4,850,000
Gross Revenues:  
$ 456,828
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Revenue and Expenses Summary
Revenues - Residential  217,800$
Revenues - Commercial 233,388$
Revenues - Garage/Parking 2,640$
Revenues - Laundry 3,000$
Revenues - Other 0$
Recovery of Expenses 0$
Gross Potential Revenues 456,828$
Vacancies 22,715$
Gross Effective Revenues: 434,113$
Total Taxes: 65,943$
Total Expenses: 177,486$
Net Revenue: 256,627$
Financial Summary
G.R.M. (Gross Rev. Multiplier): 10.62
N.R.M. (Net Rev. Multiplier): 18.90
Cost Per Unit: 210,870$
Sold Amount:
n/a
Sold Date:
n/a
Civic Number Street District
1650 - 1678 THIERRY RUE LASALLE

Cross Street:

7911 Turley Street/Newman Blvd  
General Information
Property use: Semi-Commercial
Residential units: 23 Units
Commercial units: 15 Units
Comm. area size: 10955
   
Features
Parking inside: 0
Parking outside: 1
Elevators 0
Common Washers: 1
Common Dryers: 1
Building and Lot
Building type: Detached
Year Built: 1974
Building Stories: 3 1/2
Lot Area: 25478
Municipal Evaluation
Year:  2017-2019
Land:  674,300$
Building:  2,386,800$
Total:  3,061,100$
Number of Units
Studio(s): (1 ˝) 0
Alcove: (2 ˝) 9
1 bedroom: (3 ˝) 12
2 bedrooms: (4 ˝) 2
3 bedrooms: (5 ˝) 0
4 bedrooms & more: 0
Total nb. of Units: 23
Heating
Heating Energy: Electricity
Heating Type: Electric Baseboards
Heating Paid By: Owner
   
Hot Water Heat: Electricity
Hot Water Paid By: Owner
   
Notes:
*** High quality Concrete multiresidential property composed of 23 residential units and 10,587 square feet of commercial space *** Located near all services; All commercial leases are gross leases, Over 1M$ of quality renovations since 2012: Facade and exterior redone, new alluminum windows, new 5 ply tar & gravel roof with insulation, fire alarm, 16 camera security system, plumbing, electricity, kitchens, bathrooms, flooring, hallways etc... Residential leases include : heating, electricity, hot water, fridge and stove, storage, wifi … Office tenants have access to a common bathroom. Beautiful building well managed property with great tenants - Excellent investment opportunity !