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INVESTMENT OPPORTUNITY
Asking Price:
$ 3,950,000
Gross Revenues:  
$ 265,980
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Revenue and Expenses Summary
Revenues - Residential  0$
Revenues - Commercial 257,580$
Revenues - Garage/Parking 8,400$
Revenues - Laundry 0$
Revenues - Other 0$
Recovery of Expenses 0$
Gross Potential Revenues 265,980$
Vacancies 12,879$
Gross Effective Revenues: 253,101$
Total Taxes: 45,473$
Total Expenses: 78,314$
Net Revenue: 174,787$
Financial Summary
G.R.M. (Gross Rev. Multiplier): 14.85
N.R.M. (Net Rev. Multiplier): 22.60
Cost Per Unit: N/A
Sold Amount:
n/a
Sold Date:
n/a
Civic Number Street District
1672 82 - STE CATHERINE VILLE-MARIE

Cross Street:

 
General Information
Property use: Semi-Commercial
Residential units: 0 Units
Commercial units: 5 Units
Comm. area size: 10000
   
Features
Parking inside: 0
Parking outside: 7
Elevators 0
Common Washers: 0
Common Dryers: 0
Building and Lot
Building type: Attached
Year Built: 1910
Building Stories: 3 1/2
Lot Area: 5035
Municipal Evaluation
Year:  2017-2019
Land:  491,200$
Building:  764,000$
Total:  1,255,200$
Number of Units
Studio(s): (1 ˝) 0
Alcove: (2 ˝) 0
1 bedroom: (3 ˝) 0
2 bedrooms: (4 ˝) 0
3 bedrooms: (5 ˝) 0
4 bedrooms & more: 0
Total nb. of Units: 0
Heating
Heating Energy: Electricity
Heating Type: Electric Baseboards
Heating Paid By: Tenants
   
Hot Water Heat: Electricity
Hot Water Paid By: Tenants
   
Notes:
Commercial property consisting of 3 commercial space and a 2-stories hotel in Ville-Marie. Excellent location on Ste-Catherine E. pedestrian street portion, in the heart of the Village, many tourists in the area Commercial tenant on the 2nd and 3rd floor is a 26 rooms hotel, its lease expires in October 2019, lots of potential to increase rent 2,500 sq.ft basement with functional ceiling height, can be developed as laundromat business, lots of potential 7 parking spaces that are currently included in hotel lease, potential to rent individual parking Potential to build on the parking lot behind the building - Amazing investment opportunity !