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INVESTMENT OPPORTUNITY
Asking Price:
$ 1,495,000
Gross Revenues:  
$ 134,907
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Revenue and Expenses Summary
Revenues - Residential  40,740$
Revenues - Commercial 84,036$
Revenues - Garage/Parking 0$
Revenues - Laundry 0$
Revenues - Other 0$
Recovery of Expenses 10,131$
Gross Potential Revenues 134,907$
Vacancies 3,119$
Gross Effective Revenues: 131,788$
Total Taxes: 22,209$
Total Expenses: 42,328$
Net Revenue: 89,460$
Financial Summary
G.R.M. (Gross Rev. Multiplier): 11.08
N.R.M. (Net Rev. Multiplier): 16.71
Cost Per Unit: 213,571$
Sold Amount:
n/a
Sold Date:
n/a
Civic Number Street District
5469 - 5477 VICTORIA AV COTE DES NEIGES

Cross Street:

St-Kevin Avenue  
General Information
Property use: Semi-Commercial
Residential units: 7 Units
Commercial units: 5 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: Detached
Year Built: 1940
Building Stories: 3.5
Lot Area: 5191
Municipal Evaluation
Year:  2007-2010
Land:  169,000$
Building:  523,500$
Total:  692,500$
Number of Units
Studio(s): (1 ½) 0
Alcove: (2 ½) 0
1 bedroom: (3 ½) 3
2 bedrooms: (4 ½) 4
3 bedrooms: (5 ½) 0
4 bedrooms & more: 0
Total nb. of Units: 7
Heating
Heating Energy: Natural Gas
Heating Type: Hot Water
Heating Paid By: Owner
   
Hot Water Heat: Electricity
Hot Water Paid By: Tenant(s)
   
Notes:
*** Semi-commercial building consisting of 5 larger residential units and 5 commercial spaces *** Located at walking distance of Cote-Sainte-Catherine Metro Station, Côte-Des Neiges & St. Mary's Hospital Centers, & the Jewish General Hospital; Many renovations such as: Windows in 2007-2008; Heating system redone in 2009 costing approx. $20,000; Roof redone in 2009 costing $25,000 Braker panels in all the apartments and commercial spaces. Plans to build 2 other 3.5 residential units permits are available. The estimated cost is approximately $100,000 to complete the units. Excellent long-term residential and commercial tenants; Very safe investment - Excellent central area !!!