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INVESTMENT OPPORTUNITY
Asking Price:
$ 11,350,000
Gross Revenues:  
$ 1,296,516
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Revenue and Expenses Summary
Revenues - Residential  1,284,756$
Revenues - Commercial 0$
Revenues - Garage/Parking 9,360$
Revenues - Laundry 2,400$
Revenues - Other 0$
Recovery of Expenses 0$
Gross Potential Revenues 1,296,516$
Vacancies 64,238$
Gross Effective Revenues: 1,232,278$
Total Taxes: 121,438$
Total Expenses: 615,359$
Net Revenue: 616,920$
Financial Summary
G.R.M. (Gross Rev. Multiplier): 8.75
N.R.M. (Net Rev. Multiplier): 18.40
Cost Per Unit: 62,363$
Sold Amount:
$ 11,350,000
Sold Date:
2016-03
Civic Number Street District
12030 - 80 CLEMENT ADER AV RIVIERE DES PRAIRIES

Cross Street:

Armand Bombardier/Joliot Curie  
General Information
Property use: Residential
Residential units: 182 Units
Commercial units: 0 Units
Comm. area size: 0
   
Features
Parking inside: 20
Parking outside: 0
Elevators 0
Common Washers: 10
Common Dryers: 10
Building and Lot
Building type: Detached
Year Built: 1972
Building Stories: 3 1/2
Lot Area: 39831
Municipal Evaluation
Year: 
Land:  0$
Building:  0$
Total:  0$
Number of Units
Studio(s): (1 ˝) 0
Alcove: (2 ˝) 0
1 bedroom: (3 ˝) 50
2 bedrooms: (4 ˝) 84
3 bedrooms: (5 ˝) 48
4 bedrooms & more: 0
Total nb. of Units: 182
Heating
Heating Energy: Natural Gas
Heating Type: Hot Water
Heating Paid By: Owner
   
Hot Water Heat: Naturel Gas
Hot Water Paid By: Owner
   
Notes:
*** Complex of 10 buildings comprising 181 units and a rental Office - located near all services *** Addresses as follows: 8000 Joliot-Curie, 12030, 12040, 12050, 12060, 12070, 12080 Clement-Ader, 12005, 12055, 12075 Armand-Bombardier; Alluminum windows; All roofs have been redone in the last 10 years, 7 of the 10 furnace rooms have been redone in the lats 5 years. Larger units - Lower rents than the average for the area - Lots of potential !