« Back to the homepage

INVESTMENT OPPORTUNITY
Asking Price:
$ 8,850,000
Gross Revenues:  
$ 922,539
Picture



    
Revenue and Expenses Summary
Revenues - Residential  901,296$
Revenues - Commercial 0$
Revenues - Garage/Parking 7,200$
Revenues - Laundry 14,043$
Revenues - Other 0$
Recovery of Expenses 0$
Gross Potential Revenues 922,539$
Vacancies 54,078$
Gross Effective Revenues: 868,462$
Total Taxes: 66,740$
Total Expenses: 360,158$
Net Revenue: 508,304$
Financial Summary
G.R.M. (Gross Rev. Multiplier): 9.59
N.R.M. (Net Rev. Multiplier): 17.41
Cost Per Unit: 62,324$
Sold Amount:
$ 8,700,000
Sold Date:
2017-04
Civic Number Street District
3955 - 3965 BELANGER RUE NORD VILLERAY

Cross Street:

6951-55-20th Avenue - PIE IX SHOPPING CENTER  
General Information
Property use: Résidentiel
Residential units: 142 Units
Commercial units: 0 Units
Comm. area size: 0
   
Features
Parking inside: 6
Parking outside: 0
Elevators 2
Common Washers: 5
Common Dryers: 5
Building and Lot
Building type: Détaché
Year Built: 1961
Building Stories: 4.5
Lot Area: 22004
Municipal Evaluation
Year:  2017-2019
Land:  1,119,800$
Building:  5,878,900$
Total:  6,998,700$
Number of Units
Studio(s): (1 ˝) 49
Alcove: (2 ˝) 69
1 bedroom: (3 ˝) 22
2 bedrooms: (4 ˝) 2
3 bedrooms: (5 ˝) 0
4 bedrooms & more: 0
Total nb. of Units: 142
Heating
Heating Energy: Gaz Naturel/Électricité
Heating Type: Eau Chaude/Plinthe élec.
Heating Paid By: Propriétaire
   
Hot Water Heat: Gaz Naturel/Électricité
Hot Water Paid By: Locataire(s) & Propriétaire
   
Notes:
Three residential buildings totaling 142 units including an office; Located near the Botanical Garden, Olympic Stadium and all services, most 1.5 are furnished apartments Many renovations done: Windows and Doors, Balconies and Hand-rails, Electric braker panel in apartments; Renovations done since 2012: approx. $800,000 (See Annex); Well-managed properties in excellent condition !!!